"Sassy Baskets, EA" <sassybaskets[at]hotmail.com> wrote:

- quote -

a Schedule C for work done as a contractor. On an
additional line for gross income was a line item for
"Independent Income". How one becomes independent from
one's self is beyond me, but I am no more a fan of
outsourced returns than I am of the chains.

--
David M. Woods, EA, ChFC, CLU
Woods Financial Services
Norwood, MA 02062
www.woods-financial.com

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If you were unemployed, what were these jobs on the side of?

Moderator:
I laughed so I guess it was humor.
"on the side of?" On the underside of the table as in
"being paid under the table" <g
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You use Schedulae C and SE to report taxes on self employment.

ed

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please[at]nospam.com (Bill) posted:

- quote -

You report it as "self-employment" income. You can use
either Schedule C or C-EZ (if your expenses are less than
$5,000). You'll find the principal bad news is that about
15% of that will become a "below-the-line" tax -- i.e.,
assessed _after_ deductions and credits.

Bill

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"Bill" <please[at]nospam.com> wrote

- quote -

You should use Schedule C or C-EZ.

There may be other forms or schedules (SE, 4562, etc) that
you may also need.

--
Paul A. Thomas, CPA
Athens, Georgia
taxman at negia.net

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Last year I was unemployed but did some side jobs as a
carpenter. Got paid in cash. Now how do I report this
income on my 1040? I'm married and filing jointly. Thank
you.

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