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    pittermans's Avatar
    pittermans Posts: 1, Reputation: 1
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    #1

    Jan 18, 2011, 01:41 PM
    I cared for children for a year and was paid do I file on that
    I received money to care for kids live-in how do I file for that
    ebaines's Avatar
    ebaines Posts: 12,131, Reputation: 1307
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    #2

    Jan 19, 2011, 10:57 AM

    As a self-employed person you file schedule C along with your regular Form 1040.
    MukatA's Avatar
    MukatA Posts: 7,110, Reputation: 176
    Tax Expert
    		  
    #3

    Jan 19, 2011, 12:06 PM

    You are self employed. You must file your tax return if yourself employed income is $400 or more. You will report your income and business related expenses on schedule C or C-EZ (Form 1040). Then you put net income (or loss) on line 12 of Form 1040. This income is subject to SE tax at 13.3% (this is shown on line 57 of Form 1040). Your U.S. Tax Return: Tax Filing by Self Employed Sole Proprietor or Independent Contractor
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