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

    Feb 10, 2013, 08:12 AM
    How do I File my Taxes with No information:
    I worked Odd jobs for a couple who paid me in Cash. They have moved away and I only know their names. I can't find any info on them and I want to file my taxes. I earned a Total amount of $5400.00 for the year doing many things: garage sales, errands, babysitting, decorating, and I have a booth I keep full of things for sale at a Flea Market. Please advise me what to do if possible. :)
    JudyKayTee's Avatar
    JudyKayTee Posts: 46,503, Reputation: 4600
    Uber Member
    		  
    #2

    Feb 10, 2013, 09:18 AM
    I'm confused by the "booth at a flea market" line - these people owned the flea market or that's other income?
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #3

    Feb 10, 2013, 10:13 AM
    Regardless, the $5,400 is self-employment income. You need to file Form 1040 with Schedule C and SE.

    You declare the income on the Schedule C, then deduct your expenses on the Schedule C to determine what your NET income was.

    You then assess the self-employment tax on the Schedule SE.

    If the $5,400 was your only income, you will pay NO income taxes and, at most, $640 in self-employment tax.
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