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| Christopher Green <cj.green[at]worldnet.att.net> wrote: - quote - > Washington has a Business and Occupations Tax; you have to
Footnote: There is a "small business tax credit" available> register with the Department of Revenue and pay this tax if > you make more than $12,000 a year. Sole proprietors are not > exempt. Service businesses such as consultants pay 1.5% of > gross income. that will offset the tax on approximately $28,000 of gross receipts in the "service" category. However, as you note, you are still required to register and file returns if over $12,000. MTW << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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| k_v_n_1984[at]yahoo.com (k. v. n.) wrote: - quote - > I am thinking to quit my software engineer job and work as
If you are working on your own, with no employees, your> an independent contractor. For that I think I need to > register as a sole proprietor. Here I have a couple of > questions: > 1) I live in California. So I will register in California. > But if I later decide to move to Washington state, should I > de-register in California and then register in Washington? registration requirement is very limited, typically only a Fictitious Business Name statement and a local business license. If you sell taxable goods, you'll also need a sales tax permit. Those won't transfer to Washington; you'll re-register there if you move there. - quote - > 2) I heard that there was no state personal income tax in
Washington has a Business and Occupations Tax; you have to> Washington. Does this apply to sole proprietor? register with the Department of Revenue and pay this tax if you make more than $12,000 a year. Sole proprietors are not exempt. Service businesses such as consultants pay 1.5% of gross income. -- Chris Green << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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| k_v_n_1984[at]yahoo.com (k. v. n.) wrote: - quote - > I am thinking to quit my software engineer job and work as
You don't need to "register" anywhere to be an independent> an independent contractor. For that I think I need to > register as a sole proprietor. Here I have a couple of > questions: > 1) I live in California. So I will register in California. > But if I later decide to move to Washington state, should I > de-register in California and then register in Washington? contractor. All you have to do is have a social security number. Stu << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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| I am thinking to quit my software engineer job and work as an independent contractor. For that I think I need to register as a sole proprietor. Here I have a couple of questions: 1) I live in California. So I will register in California. But if I later decide to move to Washington state, should I de-register in California and then register in Washington? 2) I heard that there was no state personal income tax in Washington. Does this apply to sole proprietor? I very much appreciate your help. Thanks! k.v.n. << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
| Tags |
| couple, proprietor, questions, sole |
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