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| Frank wrote: - quote - > Last year I messed up on my return and didn't do a Schedule
No. However, you will be charged interest on (essentially)> C when I was suppose to. I made about $1500 doing side jobs > and claimed it on my taxes as misc. income instead of doing > the Schedule C and the other forms (and paying my portion of > self employment tax). I plan of fixing that return this > year. > I still haven't filed my 2004 taxes yet. Do I need to fix > the 2003 return before sending out my 2004 return? the amount of additional payment due, counting back to April 2004, so it may be a good idea to get it doen quickly. - quote - > Would adding the Sch. C and other forms for 2003 change the
Probably not. If you have depreciation or amortizations of> numbers on 2004 taxes? expenses from 2003, you'll need to calcuate those before filling out the corresponding 2004 forms. << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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| Frank wrote: - quote - > Last year I messed up on my return and didn't do a Schedule
You do not need to amend your 2003 before you file your> C when I was suppose to. I made about $1500 doing side jobs > and claimed it on my taxes as misc. income instead of doing > the Schedule C and the other forms (and paying my portion of > self employment tax). I plan of fixing that return this > year. > I still haven't filed my 2004 taxes yet. Do I need to fix > the 2003 return before sending out my 2004 return? > Would adding the Sch. C and other forms for 2003 change the > numbers on 2004 taxes? 2004. Do amend your 2003 soon. Changing the 2003 figures will have nothing to do with 2004. *Do not* send the two returns in the same envelope. Missy Doyle << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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| Last year I messed up on my return and didn't do a Schedule C when I was suppose to. I made about $1500 doing side jobs and claimed it on my taxes as misc. income instead of doing the Schedule C and the other forms (and paying my portion of self employment tax). I plan of fixing that return this year. I still haven't filed my 2004 taxes yet. Do I need to fix the 2003 return before sending out my 2004 return? Would adding the Sch. C and other forms for 2003 change the numbers on 2004 taxes? Thanks for your help, Frank << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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