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#6
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| GIGO << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#5
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| LeAnn wrote: - quote - > aneklund[at]aol.com (Nan Eklund) wrote:
Saying you will not use a professional to do something you> > 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 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 > << -------------------------------------------------> |
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#4
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| aneklund[at]aol.com (Nan Eklund) wrote: - quote - > Try your local telephone directory for an EA (enrolled
I doubt that I'll have a tax agent do my taxes for me when I> 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. 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 > << -------------------------------------------------> |
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#3
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| Benjamin Yazersky CPA wrote: - quote - > "justme" <brewster[at]ptsi.net> wrote:
Or your own Enrolled Agent (EA) or other QTP.> > 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 $410 a > > month. Is there a certain amount of money you have to make > > before you can file taxes? Am I exempt from anything > > because I work for a church? I've had to buy a new computer > > and printer to do my job, can I deduct any of these > > expenses? Any help would be appreciated. > the short answer is that you need to go see your own CPA (QTP is NOT a QTIP!; qualified tax professional) Happy New Cheer$, Harlan Lunsford, EA n LA << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#2
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| 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 > << -------------------------------------------------> |
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#1
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| "justme" <brewster[at]ptsi.net> wrote: - quote - > Ok I don't know much about doing my own taxes. I have done
You need to find a local tax preparer to help you with your> 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. 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 > << -------------------------------------------------> |
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| "justme" <brewster[at]ptsi.net> wrote: - quote - > Ok I don't know much about doing my own taxes. I have done
the short answer is that you need to go see your own CPA> 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. -- <<< Benjamin Yazersky CPA [NJ & NY] > > << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#-1
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| 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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