Question

Which of the following may a broker use to help distinguish between an employee and an independent contractor...?

TREC Tax Guide
Employer's Supplemental Tax Guide
NAR Tax Guide
Texas Broker's Tax Guide

Answer 1

A broker may use tax guides to distinguish between an employee and an independent contractor.

Step-by-step explanation:

A broker may use the Employer's Supplemental Tax Guide, NAR Tax Guide, and Texas Broker's Tax Guide to help distinguish between an employee and an independent contractor. A broker may use various guides to help distinguish between an employee and an independent contractor. One such publication is the Employer's Supplemental Tax Guide, which provides federal-level criteria for determining the employment status. While there are various tax guides available, including those by the Texas Real Estate Commission (TREC), National Association of Realtors (NAR), or state-specific guides such as the Texas Broker's Tax Guide, the Employer's Supplemental Tax Guide (IRS Publication 15-A) is often referenced for federal tax purposes. This guide outlines factors such as behavioral control, financial control, and relationship type, which are considered when classifying a worker as an employee or independent contractor.