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    redtm's Avatar
    redtm Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Feb 5, 2009, 07:47 AM
    What do I do to file w/ no income except one 'contract job'?
    Here's the deal - I need to file my taxes because I am done with being this broke and am going back to school (health prof). I'm just lost how to file taxes for this situation:
    I spent 6 months or more helping my mom get her company started and she didn't pay me but fed me, that kind of thing.
    The only other job I had was painting a guys house. He paid me directly. I used that money to move to NC. That was about $1500 total.
    I am still actively (very) looking for work, on food stamps at this point.
    How do I deal with this?
    Thanks so much!
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
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    #2

    Feb 5, 2009, 08:11 AM

    You earned 1500 dollars as unreported income, so you file. This is self employed income working as a contractor.
    MukatA's Avatar
    MukatA Posts: 7,110, Reputation: 176
    Tax Expert
    		  
    #3

    Feb 5, 2009, 10:30 AM

    $1500 is self employed income. You MUST file tax return if yourself employed income is $400 or more. You will report your income and expenses on schedule C or C-EZ (Form 1040). This income is subject to SE tax at 15.3%. Read: Your U.S. Tax Return: Tax Filing by Self Employed Sole Proprietor or Independent Contractor
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