Ask Experts Questions for FREE Help!
  Advanced
Register  |  Log in  
   Ask    
 Answer  
  Help  

Ask QuestionsprogressAnswer QuestionsprogressBuild ReputationprogressBecome an Expert
 
Free Answers in 3 Easy Steps

Register Now
3 Steps

At Ask Me Help Desk you can ask questions in any topic and have them answered for free by our experts. To ask questions or participate in answering them you must register for a free account. By registering you will be able to:
  • Get free answers from experts in any of our 300+ topics.
  • Accept money for answers that you provide.
  • Communicate privately with other members (PM).
  • See fewer ads.

Home > Money & Services > Taxes   »   1099-misc

 
Question Tools Search this Question Display Modes
Question
 
 
#1  
Old Jan 8, 2007, 11:42 AM
ktlou73
New Member
ktlou73 is offline
 
Join Date: Jan 2007
Posts: 2
ktlou73 See this member's comment history on his/her Profile page.
1099-misc

I did not recieve a w-2 for 2005 taxes, all I received was a 1099-MISC. How am I supposed to fill out my taxes? What form am I supposed to use?

Reply With Quote
 
     

Answers
 
 
Old Jan 8, 2007, 11:44 AM   #2  
ScottGem
Computer Expert
ScottGem is offline
 
ScottGem's Avatar
 
Join Date: Jan 2003
Location: LI, NY - USA
Posts: 22,612
ScottGem See this member's comment history on his/her Profile page.ScottGem See this member's comment history on his/her Profile page.ScottGem See this member's comment history on his/her Profile page.ScottGem See this member's comment history on his/her Profile page.ScottGem See this member's comment history on his/her Profile page.ScottGem See this member's comment history on his/her Profile page.ScottGem See this member's comment history on his/her Profile page.ScottGem See this member's comment history on his/her Profile page.ScottGem See this member's comment history on his/her Profile page.ScottGem See this member's comment history on his/her Profile page.ScottGem See this member's comment history on his/her Profile page.
Pay to call ScottGem for advice ($.75/min)
Call ScottGem via Skype™
If you recieved a 1099 instead of a W2 then you were considered an independant contractor and not an employee. So you would fill out Schedule C of the 1040 form to report such income.

Note: If you did not have taxes withheld, and you owe a great deal, you might be subject to penalties. If you have 1099 income, you should have been paying a quarterly estimated tax.
  Reply With Quote
 
     
 
 
Old Jan 8, 2007, 11:56 AM   #3  
ktlou73
New Member
ktlou73 is offline
 
Join Date: Jan 2007
Posts: 2
ktlou73 See this member's comment history on his/her Profile page.
how do I claim mileage on a work vehicle?
  Reply With Quote
 
     
 
 
Old Jan 8, 2007, 12:18 PM   #4  
ScottGem
Computer Expert
ScottGem is offline
 
ScottGem's Avatar
 
Join Date: Jan 2003
Location: LI, NY - USA
Posts: 22,612
ScottGem See this member's comment history on his/her Profile page.ScottGem See this member's comment history on his/her Profile page.ScottGem See this member's comment history on his/her Profile page.ScottGem See this member's comment history on his/her Profile page.ScottGem See this member's comment history on his/her Profile page.ScottGem See this member's comment history on his/her Profile page.ScottGem See this member's comment history on his/her Profile page.ScottGem See this member's comment history on his/her Profile page.ScottGem See this member's comment history on his/her Profile page.ScottGem See this member's comment history on his/her Profile page.ScottGem See this member's comment history on his/her Profile page.
Pay to call ScottGem for advice ($.75/min)
Call ScottGem via Skype™
You would do this on the Schedule C if your compensation was reported on a 1099. The IRS has a standard mileage rate that you can use or, if you have receipts, you can enter actual expenses.
  Reply With Quote
 
     
 
 
Old Jan 8, 2007, 12:20 PM   #5  
AtlantaTaxExpert
Tax Expert
AtlantaTaxExpert is offline
 
Join Date: Feb 2005
Location: Atlanta, Georgia
Posts: 9,787
AtlantaTaxExpert See this member's comment history on his/her Profile page.AtlantaTaxExpert See this member's comment history on his/her Profile page.AtlantaTaxExpert See this member's comment history on his/her Profile page.
The mileage is claimed under "Car Expenses" on Schedule C.

I STRONGLY recommend you get professional tax help! This return may cost you a LOT in taxes owed, and you need to be able to claim as many deductions as legally allowed.

If you want to use my services, you can contact me at [email address].
  Reply With Quote
 
     


Question Tools Search this Question
Search this Question:

Advanced Search
Display Modes

 
Similar Sponsors

Similar Questions
Question Asker Topic Answers Last Post
1099-MISC and w2 gajananbhat Taxes 1 Apr 1, 2006 11:35 PM
F1 1099-Misc stb Taxes 0 Mar 23, 2006 03:15 PM
1099-misc mbh Taxes 10 Mar 2, 2006 11:47 AM
F1, w-2 and 1099-Misc floridaguy Taxes 4 Apr 11, 2005 10:46 AM
F1, 1099-MISC and W-2s khalidsayeed Taxes 3 Apr 9, 2005 03:16 PM




Copyright ©2003 - 2007, Ask Me Help Desk.
All times are GMT -8. The time now is 02:40 AM.

Content Relevant URLs by vBSEO 3.0.0 RC6 © 2006, Crawlability, Inc.