Answer:
1.1099 form to prepare my taxes
2.The ADVANTAGE is that I will get to fill it out when compare with the W-2 which is already filled out and may take more money than I spent.
3. The DISADVANTAGE is that in a situation where anything I filled in the 1099 form is wrong the IRS may find out which means I will be the one to pay for the damage
Explanation:
1.Based on the module the option I would choose to prepare my taxes is that I will use the 1099 FORM TO PREPARE MY TAXES, reason been that it will gives me an option on telling either the government or IRS of the amount of money I spent in the year.
2.The ADVANTAGE is that I will get to fill it out when compare with the W-2 which is already filled out and may take more money than I spent.
The second ADVANTAGE with the 1099 is that I will definitely get to write an approximate of the amount of money I wasted and the amount of money I needed to get back from the IRS.
3. The DISADVANTAGE is that in a situation where anything I filled in the 1099 form is wrong the IRS may find out which means I will be the one to pay for the damage.
Second DISADVANTAGE is that in a situation where the information I wrote in that form is wrong the IRS will either give me a penalty or charge me more Amount of money.
