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  #6  
Old 02-01-2004, 11:06 PM
Nan Eklund
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Default Re: how do I file?

GIGO

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  #5  
Old 02-01-2004, 04:27 AM
L K Williams
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Default Re: how do I file?

LeAnn wrote:
- quote -

> aneklund[at]aol.com (Nan Eklund) wrote:

> > Try your local telephone directory for an EA (enrolled
> > agent; better trained than most preparers and usually more
> > economical than a CPA) at least for the first year.
> > > You will owe, at least, self-employment tax on your NET

> > earnings. You'll use Schedule C which is like a small tax
> > return in itself and the result goes onto the 1040.
> > > Working for a church exempts nothing. You may be able to

> > set up a deductible retirement plan NEXT year (too late now
> > except for an IRA account) and deduct health insurance.
> > Also - a good preparer can explain how to deduct your
> > computer and any other expenses you have.


> I doubt that I'll have a tax agent do my taxes for me when I
> can do it for free. It can't be that difficult. So I
> should be expecting a 1099 and I should file a schedule C
> form? Sounds easy enough. Thanks


Saying you will not use a professional to do something you
can do yourself may be very short-sighted. How do you know
you can do yourself? It is rather like saying you don't need
to go to the doctor because you an buy something at the drug
store. How do you know what you need to take?

Based on the information provided, your situation seems
rather simple but . . . ? A professional should do more
than just fill in some forms; he/she should be able to help
you function in a way to minimize your taxes over time, not
just this year.

<< -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << ------------------------------------------------->
  #4  
Old 01-28-2004, 10:54 PM
LeAnn
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Default Re: how do I file?

aneklund[at]aol.com (Nan Eklund) wrote:

- quote -

> Try your local telephone directory for an EA (enrolled
> agent; better trained than most preparers and usually more
> economical than a CPA) at least for the first year.
> You will owe, at least, self-employment tax on your NET
> earnings. You'll use Schedule C which is like a small tax
> return in itself and the result goes onto the 1040.
> Working for a church exempts nothing. You may be able to
> set up a deductible retirement plan NEXT year (too late now
> except for an IRA account) and deduct health insurance.
> Also - a good preparer can explain how to deduct your
> computer and any other expenses you have.


I doubt that I'll have a tax agent do my taxes for me when I
can do it for free. It can't be that difficult. So I
should be expecting a 1099 and I should file a schedule C
form? Sounds easy enough. Thanks

LeAnn

<< -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << ------------------------------------------------->
  #3  
Old 01-05-2004, 12:39 AM
Harlan Lunsford
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Default Re: how do I file?

Benjamin Yazersky CPA wrote:
- quote -

> "justme" <brewster[at]ptsi.net> wrote:

> > Ok I don't know much about doing my own taxes. I have done
> > them in the past with a computer program but this is the
> > first time I've been self-employed so I think it may be a
> > little more complicated. I am a secretary/janitor for our
> > church. They do not take out any taxes. I am paid $410 a
> > month. Is there a certain amount of money you have to make
> > before you can file taxes? Am I exempt from anything
> > because I work for a church? I've had to buy a new computer
> > and printer to do my job, can I deduct any of these
> > expenses? Any help would be appreciated.


> the short answer is that you need to go see your own CPA


Or your own Enrolled Agent (EA) or other QTP.
(QTP is NOT a QTIP!; qualified tax professional)

Happy New Cheer$,
Harlan Lunsford, EA n LA

<< -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << ------------------------------------------------->
  #2  
Old 01-04-2004, 11:21 PM
Nan Eklund
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Posts: n/a
Default Re: how do I file?

Try your local telephone directory for an EA (enrolled
agent; better trained than most preparers and usually more
economical than a CPA) at least for the first year.

You will owe, at least, self-employment tax on your NET
earnings. You'll use Schedule C which is like a small tax
return in itself and the result goes onto the 1040.

Working for a church exempts nothing. You may be able to
set up a deductible retirement plan NEXT year (too late now
except for an IRA account) and deduct health insurance.
Also - a good preparer can explain how to deduct your
computer and any other expenses you have.

Nan, EA in LA

<< -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << ------------------------------------------------->
  #1  
Old 01-03-2004, 04:34 AM
Wayne Brasch
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Default Re: how do I file?

"justme" <brewster[at]ptsi.net> wrote:

- quote -

> Ok I don't know much about doing my own taxes. I have done
> them in the past with a computer program but this is the
> first time I've been self-employed so I think it may be a
> little more complicated. I am a secretary/janitor for our
> church. They do not take out any taxes. I am paid $410 a
> month. Is there a certain amount of money you have to make
> before you can file taxes? Am I exempt from anything
> because I work for a church? I've had to buy a new computer
> and printer to do my job, can I deduct any of these
> expenses? Any help would be appreciated.


You need to find a local tax preparer to help you with your
questions. They can probably save you a lot of tax
money-much more than they will charge you for their fee.

Wayne Brasch, CPA, M. S. Taxation

<< -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << ------------------------------------------------->
 
Old 01-03-2004, 04:15 AM
Benjamin Yazersky CPA
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Posts: n/a
Default Re: how do I file?

"justme" <brewster[at]ptsi.net> wrote:

- quote -

> Ok I don't know much about doing my own taxes. I have done
> them in the past with a computer program but this is the
> first time I've been self-employed so I think it may be a
> little more complicated. I am a secretary/janitor for our
> church. They do not take out any taxes. I am paid $410 a
> month. Is there a certain amount of money you have to make
> before you can file taxes? Am I exempt from anything
> because I work for a church? I've had to buy a new computer
> and printer to do my job, can I deduct any of these
> expenses? Any help would be appreciated.


the short answer is that you need to go see your own CPA

--
<<< Benjamin Yazersky CPA [NJ & NY] > >
<< -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << ------------------------------------------------->
  #-1  
Old 12-31-2003, 11:12 PM
justme
Guest
 
Posts: n/a
Default how do I file?

Ok I don't know much about doing my own taxes. I have done
them in the past with a computer program but this is the
first time I've been self-employed so I think it may be a
little more complicated. I am a secretary/janitor for our
church. They do not take out any taxes. I am paid $410 a
month. Is there a certain amount of money you have to make
before you can file taxes? Am I exempt from anything
because I work for a church? I've had to buy a new computer
and printer to do my job, can I deduct any of these
expenses? Any help would be appreciated.

LeAnn

<< -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << ------------------------------------------------->
 

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