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Home > Money & Services > Taxes   »   what do i do?

 
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Old Apr 1, 2007, 05:52 AM
Macguyver
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what do i do?

i have a 1099-MISC for non employee compensation(box 7). The irs said I have to fill out a schedule C,C-EZ,and SE for social security and medicare. I downloaded all the forms, and I do not know what applies to me. I used no expenses, made a 100% profit, and I'm not a minister. The work was for machine maintenence using only my own tools I have had for years. I made over 5,000 but there is nothing to deduct for any expenses. So what do you think is the best solution not to get audited?

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Old Apr 5, 2007, 12:34 PM   #2  
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Did you drive to perform the machine maintenance? If so, you can deduct the mileage at 44 cents a mile.
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