Free Tax Tips

1099 Legal Fees

admin — Thu, 14 Apr 2011 09:47:58 +0000

[mage lang="" source="flickr"]1099 Legal Fees[/mage] Question: Working for a real estate agent: Is this acceptable? None of this is currently in place but I want to investigate the situation. I do not have a real estate license. I would work for a licensed real estate agent as a consultant/contractor (I would get a 1099-misc for [...]

1099 Filing Deadlines

admin — Thu, 14 Apr 2011 09:40:20 +0000

[mage lang="" source="flickr"]1099 Filing Deadlines[/mage] Question: What happens if a tax form is disregarded while filing taxes? I have received my W2 and 1099 forms, but my 1042S form got lost in the mail, was reissued, and was lost again. Since the tax deadline is approaching, should I just file with the forms I have [...]

Ge Tax Form Hawaii

admin — Wed, 13 Apr 2011 03:52:32 +0000

Read today’s letters to the editor This handout image provided by the White House shows a copy of the long form of President Barack Obama’s birth certificate from Hawaii. / AP Photo/J. Scott Applewhite Reagan v. Obama from iOwnTheWorld.com

1099 Medical Payments

admin — Wed, 13 Apr 2011 01:39:45 +0000

Question: Are health insurance premiums considered nonemployee compensation or medical and health care payments? I’m doing my taxes and these fall under 1099-MISC. I know the salary goes under non-employee compensation but are the health insurance premiums paid on my behalf also non-employee compensation or do they go in box #6 “medical and health care [...]

1099 Business Expenses

admin — Tue, 12 Apr 2011 18:31:32 +0000

Question: Can I write off business expenses like travel, etc. under a w-2 situation? I’m working out of state (in CA) and being given money to cover travel and living expenses. Under a w-2, the income will be taxed at regular income rates. I’m trying to figure out if a 1099 would be a better [...]

1099 Turbotax

admin — Tue, 12 Apr 2011 04:26:33 +0000

Question: Income is less $50,000, why still have to pay when use turbotax efile? My friend is using the turbotax. Based on the IRS website, he should be qualify to use the free file (less than $54,000). But when he added the 1099 misc, the turbotax kept asking him to pay $9.95. He tried to [...]

1099 Faqs

admin — Tue, 12 Apr 2011 02:53:55 +0000

[mage lang="" source="flickr"]1099 Faqs[/mage] [mage lang="" source="news"]1099 Faqs[/mage] What are the consequences of receiving a traffic ticket in New York?

Contractor 1099

admin — Mon, 11 Apr 2011 13:57:56 +0000

Question: How much must a contractor working under a 1099 charge to equal the pay of a FT employee making $150K? Is there a simple formula to calculate the contractor rate that equals the full time employee compensation? I understand that the contractor must pay Personal Employment Tax and their own insurance, but am not [...]

Tax Form 4506-t

admin — Mon, 11 Apr 2011 03:00:52 +0000

[mage lang="" source="flickr"]Tax Form 4506-t[/mage] Question: I applied for a credit card and for my income I included? The amount I make and the amount of money my parents give me every month. The guy at the bank said I could add my allowance in so I did. Is that right? Also I never filled [...]

Print 1099 Misc

admin — Sun, 10 Apr 2011 22:58:32 +0000

Question: Can I get a Copy of my 1099 MISC form from 2009.? I have lost my copy of my 1099 MISC and need a replacement. Is there a website I could print this from. The contractor that sent me the form does not seem to have it on file. Answer: The self employed taxpayer [...]

1099 Filing Requirements

admin — Sun, 10 Apr 2011 20:41:18 +0000

Question: us canada self-employed? Business filing requirements for US self-employed living in Canada? I am a US citizen living in Canada and have been offered a short term consulting contract with a US firm. What do I need in terms of business licences for the US? Can the firm give me a 1099 with a [...]

Contract 1099 W2

admin — Sun, 10 Apr 2011 16:56:52 +0000

[mage lang="" source="flickr"]Contract 1099 W2[/mage] Question: Can I recieve unemployment benefits when I was 1099 for only 2 months.? I collected it from my previous employer when I was w2 employed. I had benefits remaining from that claim and got a contracted job from nov to dec and now I’m unemployed again. Can I fill [...]

1099 Mileage Deduction

admin — Sun, 10 Apr 2011 06:37:30 +0000

[mage lang="" source="flickr"]1099 Mileage Deduction[/mage] Question: Am I an Independent Contractor if i work for contract labor? I just began a job working for a company as a bookkeeper with part-time hours. My work hours are classified as contract labor. I am the only (employee?) there so they didn’t want to set up payroll for [...]

Settlement Agreement 1099

admin — Sat, 09 Apr 2011 05:45:45 +0000

[mage lang="" source="flickr"]Settlement Agreement 1099[/mage] Question: Any tax advisers out there? Need help regarding W-2.? I received a settlement from a former employer. My settlement agreement stated I would receive a W-2 from my employer. I have not. (I thought they were to be postmarked by Jan. 31st.) My lawyer said I may not get [...]

1099 Etc

admin — Fri, 08 Apr 2011 05:54:26 +0000

Question: 1099 for the wrong state, we moved at the first of ’09. What do we do? My husband moved to a different state for a new job on 1-1-09, but we received some cashed out insurance policy money, etc, in the middle of the year from the previous job and they sent it to [...]

1099 Information Reporting

admin — Fri, 08 Apr 2011 04:49:55 +0000

Question: Can I deduct mortgage interest on a person to person mortgage? My parents loaned me money for the house I bought. The loan is secured by the house and I filled out a 1099-Int for them to report the interest. Can I deduct the interest and where do I find the relevant information covering [...]

Avon 1099

admin — Thu, 07 Apr 2011 18:09:23 +0000

Question: Calling any Avon Reps out there? Question about Filing Taxes.? Dear friends, Happy New Year!!! I work full-time and I just completed my first year selling Avon. Does Avon send us a tax form like a W-2 or 1099? I am really confused Thanks, Ruthie Answer: I think they should send you a 1099 [...]

1099 Trucker

admin — Wed, 06 Apr 2011 21:23:05 +0000

NASCAR Race Hub: Racing Wives American Trucker: Robb rides along with truckers… Race Hub: Some of the drivers’ wives reflect on the best… 2009 LINCOLN MKZ Novi MI

Pay Tax With Credit Card

admin — Wed, 06 Apr 2011 21:18:41 +0000

Question: PLEASE HELP!!!! I am using free software and it won’t let me pay my taxes by credit card? It is then asking for a check or bank acct information. The program I am using was in the irs.gov site and is by h and r block. 1. Will I be charge a penalty since [...]

1099 Information Sheet

admin — Wed, 06 Apr 2011 01:07:52 +0000

[mage lang="" source="flickr"]1099 Information Sheet[/mage] 10 common tax-filing mistakes Just one slip could cost you or delay your refund. Be sure to watch out for these pitfalls. Surfing – Extreme Life