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-   -   Self-employment (https://www.askmehelpdesk.com/showthread.php?t=698706)

  • Sep 1, 2012, 02:15 PM
    allinone
    Self-employment
    How to calcultate Federal and California taxes for self-employed (forms, deducting expenses, etc.)
  • Sep 1, 2012, 02:17 PM
    AtlantaTaxExpert
    For California, you will file Form 540.

    For the federal return, Forms 1040 with Schedules C and SE is required. I strongly recommend you get professional help filing these forms.
  • Sep 1, 2012, 02:35 PM
    joypulv
    How small a company are you?
    You can try wading through the booklets for self-employed sole proprietors (assuming it's just you, no partners, no employees, no inc. ) and the forms on IRS.gov.
    I did it (years before online) and didn't find it hard.

    If you are preparing for next year, fine. If you filed an extension for last year, pay for help.
  • Sep 1, 2012, 04:47 PM
    allinone
    Quote:

    Originally Posted by joypulv View Post
    How small a company are you?
    You can try wading through the booklets for self-employed sole proprietors (assuming it's just you, no partners, no employees, no inc.?) and the forms on irs.gov.
    I did it (years before online) and didn't find it hard.

    If you are preparing for next year, fine. If you filed an extension for last year, pay for help.

    1 person
  • Sep 1, 2012, 05:23 PM
    AtlantaTaxExpert
    Joypulv offers good advice.
  • Sep 3, 2012, 09:29 AM
    allinone
    Thanks a lot
  • Sep 6, 2012, 06:32 AM
    AtlantaTaxExpert
    Glad to help!

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