View Full Version : Don't know what to do
Melissa1313
Jan 30, 2007, 11:42 AM
I started as a newspaper carrier back in October I make $400 a month They don't take any taxes out. The company never sent me a 1099 form. Because I didn't make more then $5000. Do I need to fill what should I do?
AtlantaTaxExpert
Jan 30, 2007, 08:23 PM
If you started ack in October @ $400 per month, you made $1,200.
You can report this income on Schedule C even if you have no Form 1099-MISC from the company.
If you had ZERO expenses, you would $170 in self-employment tax, and THAT's IT!
If you need professional help doing this, email me at dpmtax.com to discuss it further.
Melissa1313
Jan 31, 2007, 11:51 AM
If you started ack in October @ $400 per month, you made $1,200.
You can report this income on Schedule C even if you have no Form 1099-MISC from the company.
If you had ZERO expenses, you would $170 in self-employment tax, and THAT's IT!
If you need professional help doing this, email me at dpmtax.com to discuss it further.
Thanks for the help Yeah I have had a lot of expenses such as car expense and bags expenses. Bags average 20 dollars a month plus other fees
AtlantaTaxExpert
Jan 31, 2007, 03:26 PM
You sound like you have the know-how to do the return yourself.
Log onto File Taxes Online - Do Taxes FREE - File Taxes With TaxACT (http://www.taxact.com) and see if you can put the return together yourself. You would document your income and expenses on Schedule C. List all of your expenses in the categories provided. If you cannot find something that fits, list it on page 2 of the Schedule C and describe the expense.
You will find it to be a learning experience.