Ask Experts Questions for FREE Help !
Ask
    gzybul's Avatar
    gzybul Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Feb 29, 2012, 01:28 PM
    Correct form to use?
    I am a retired teacher who has been hired as a consultant for a school system. I am being paid when I submit a voucher for my services. The district is not taking any taxes out, and informs me that they will not and it is my responsibility to pay taxes on this income. Is there a form for me to file?
    ebaines's Avatar
    ebaines Posts: 12,131, Reputation: 1307
    Expert
    		  
    #2

    Feb 29, 2012, 03:00 PM
    You should plan on filing (a) estimated tax payments (1040-ES) in April, June, September and January, and (b) filing schedule C and Schedule SE as a self-employed worked when you do next year's taxes. Basically you are responsioble for paying income tax and self-employed tax (social sscurity and medicare) on your wages. I suggest you read the following link:
    Self-Employed Individuals Tax Center
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Wrong SS3 on W-2 form, how do I correct [ 1 Answers ]

One of my employees gave an incorrect SS# on a prevous W-2 form (2007 & 2008). How do I correct this?

Correct verb form- french [ 3 Answers ]

What is the correct verb form in, 1. L'année derniére, Geraldine (aller)______à l'université. Elle y est toujours. 2. En 1996, je (visiter) ______New-York. Also, I need to rewrite the following sentences be replacing the underlined words with the correct object pronoun. 1. Joseph m'achète...

How do I create a use text in the correct way but also form a shape ? [ 5 Answers ]

Crikey,its hard to explain,there must be a word for it but I don't know it... Have you ever seen a poem that actually looked to be in the shape of a bridge when written down? Or a never ending circle ? I am sure the text is also relevant to the shape... such as a stairway shape and the words...

OPT to H1B - the correct form [ 3 Answers ]

Hi, I was in OPT from May 2005 to Jan 2006. In feb, I changed my status to H1B. My spouse changed her status from F2 to H4 to F1 all in 2006. My son changed from F2 to H4 in Feb 2006. When I was in OPT, I was not able to claim my son as dependent, but I could claim my spouse as dependent and...

Correct Form [ 1 Answers ]

If a guy is neither a citizen of United States of America nor a permanent Resident of USA. Can he use Form 1040 for filing his return.

View more questions Search