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#8
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| rick++ wrote: - quote - > 1040X (amended)
My rule of thumb advice is to wait until you get the refund> But wait about six weeks for the previous paperwork to get > through the system or there is a possibly of confusion at > the IRS. check and then file the amendment. Unless of course you owe them. (grin) ChEAr$, 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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#7
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| - quote - > given a $1,000 check which I used to buy a new computer.
You could possibly take a Sec 179 deduction for the computerand wipe out the $1000 income. Use Sched C and Form 4562. Unless, of course, you already wrote off the computer! Nan, EA in LA << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#6
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| You need to file a 1040X. << -------------------------------------------------> << 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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| 1040X (amended) But wait about six weeks for the previous paperwork to get through the system or there is a possibly of confusion at the IRS. << -------------------------------------------------> << 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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| jerry.gamblin[at]gmail.com wrote: - quote - > Early last spring I did about 40 hours worth of web design
An amended return 1040X and schedule C will at a minimum are> work for a local school as to what I thought was volunteer > work. When I finished the work they were so impressed I was > given a $1,000 check which I used to buy a new computer. > I didn't think much about it and in early January I received > my W2 from my employer and being the good tax payer I am > filled my taxes right away. Today I received a 1099 on the > $1,000 the foundation gave me. > Is there an "addendum" form I can file to claim it? Thanks > for any advice and help you can provide. required to fix the problems. 1099's are due to be mailed by 1/31. -- Frederick E. Jorden http://Tax-Accounting-Payroll.com 7825 Midlothian Tpk - 207 Richmond, VA 23235-5247 EMAIL knowtax[at]bigfoot.com (804) 320-6210 FAX (804) 320-6211 << -------------------------------------------------> << 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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| jerry.gamblin[at]gmail.com wrote: - quote - > Early last spring I did about 40 hours worth of web design
Sure, it's called a 1040X form, for "amending" a filed> work for a local school as to what I thought was volunteer > work. When I finished the work they were so impressed I was > given a $1,000 check which I used to buy a new computer. > I didn't think much about it and in early January I received > my W2 from my employer and being the good tax payer I am > filled my taxes right away. Today I received a 1099 on the > $1,000 the foundation gave me. > Is there an "addendum" form I can file to claim it? Thanks > for any advice and help you can provide. return. Wait a few weeks (but not past April 15, 2005) before filing the 1040X. If the 1099-MISC you received has the $1000 in Box 7, then you will have to file a Schedule C and SE. << -------------------------------------------------> << 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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| First off, the deadline to have forms W-2 and 1099, etc. in the mail is January 31st. It is not late. You will need to file a form 1040X. It is pretty simple and you can download it from www.irs.gov Missy Doyle << -------------------------------------------------> << 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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| <jerry.gamblin[at]gmail.com> wrote - quote - > Early last spring I did about 40 hours worth of web design
Form 1040X, and the associated forms and schedules, probably> work for a local school as to what I thought was volunteer > work. When I finished the work they were so impressed I was > given a $1,000 check which I used to buy a new computer. > I didn't think much about it and in early January I received > my W2 from my employer and being the good tax payer I am > filled my taxes right away. Today I received a 1099 on the > $1,000 the foundation gave me. > Is there an "addendum" form I can file to claim it? Thanks > for any advice and help you can provide. Schedule C. -- Paul A. Thomas, CPA Athens, Georgia << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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| <jerry.gamblin[at]gmail.com> wrote: - quote - > Early last spring I did about 40 hours worth of web design
You can file trusty form 1040X to amend your tax return.> work for a local school as to what I thought was volunteer > work. When I finished the work they were so impressed I was > given a $1,000 check which I used to buy a new computer. > I didn't think much about it and in early January I received > my W2 from my employer and being the good tax payer I am > filled my taxes right away. Today I received a 1099 on the > $1,000 the foundation gave me. > Is there an "addendum" form I can file to claim it? Thanks > for any advice and help you can provide. As an aside, the 1099 is not late. The deadline is 1/31. You just filed early. << -------------------------------------------------> << 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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| Early last spring I did about 40 hours worth of web design work for a local school as to what I thought was volunteer work. When I finished the work they were so impressed I was given a $1,000 check which I used to buy a new computer. I didn't think much about it and in early January I received my W2 from my employer and being the good tax payer I am filled my taxes right away. Today I received a 1099 on the $1,000 the foundation gave me. Is there an "addendum" form I can file to claim it? Thanks for any advice and help you can provide. << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
| Tags |
| 1099, late |
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