Enrolled Agent Exam [Part 1] 82, Statutory Employees and Form W-2

This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: • How to identify a statutory employee on Form W-2 by looking for a check in Box 13. • The four specific categories of statutory employees, easily remembered with the "DISH" mnemonic. • Why statutory employees report their W-2 income on Schedule C, not as regular wages. • The unique tax withholding rule: FICA taxes are withheld, but federal income tax is not. • How statutory classification allows for the deduction of business expenses, a key exam concept. For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or Youtube Channel: https://www.youtube.com/@Open-exam-prep