Comments on: Ask the Taxgirl: Independent Contractor Questions http://www.taxgirl.com/ask-the-taxgirl-independent-contractor-questions/ Paying taxes is painful... but reading about them shouldn't be. Sat, 21 Nov 2009 20:16:58 -0500 http://wordpress.org/?v=2.8.6 hourly 1 By: Kelly http://www.taxgirl.com/ask-the-taxgirl-independent-contractor-questions/comment-page-1/#comment-10596 Kelly Wed, 10 Jun 2009 11:25:26 +0000 http://taxgirl.com/?p=265#comment-10596 Wow, this is a little bigger answer than in a comment. I'll address it soon in "ask the taxgirl." Wow, this is a little bigger answer than in a comment. I’ll address it soon in “ask the taxgirl.”

]]> By: John http://www.taxgirl.com/ask-the-taxgirl-independent-contractor-questions/comment-page-1/#comment-10589 John Wed, 10 Jun 2009 01:38:46 +0000 http://taxgirl.com/?p=265#comment-10589 Hi, I have a question about "home office" tax deduction. First, I am not self-employee. I work for a company which use my home address as their US office address. And I have one room (about 15% of the house I own) regularly and exclusively for business use. I do not own the business, as an employee in this case, do I qualify for home office tax deduction? Thanks! Hi, I have a question about “home office” tax deduction. First, I am not self-employee. I work for a company which use my home address as their US office address. And I have one room (about 15% of the house I own) regularly and exclusively for business use. I do not own the business, as an employee in this case, do I qualify for home office tax deduction? Thanks!

]]> By: Kelly http://www.taxgirl.com/ask-the-taxgirl-independent-contractor-questions/comment-page-1/#comment-10091 Kelly Sat, 11 Apr 2009 19:00:26 +0000 http://taxgirl.com/?p=265#comment-10091 Almost all independent contractors use the cash accounting method. It's rare to see accrual. For business address, if you work for yourself, meaning you make yourself available to different companies and Company A just happened to use your services for the year, your business address is <em>your</em> place of business, not Company A. For most people, this would be their home address (unless you have another office or place of business). Almost all independent contractors use the cash accounting method. It’s rare to see accrual.
For business address, if you work for yourself, meaning you make yourself available to different companies and Company A just happened to use your services for the year, your business address is your place of business, not Company A. For most people, this would be their home address (unless you have another office or place of business).

]]> By: susan kendall http://www.taxgirl.com/ask-the-taxgirl-independent-contractor-questions/comment-page-1/#comment-10081 susan kendall Fri, 10 Apr 2009 21:40:49 +0000 http://taxgirl.com/?p=265#comment-10081 If someone earns income as an independent contractor (reported on 1099-Misc), when they fill out Schedule C, what accounting method should they check and what do you say about starting this business in 2008. In this case, the person worked only in 2008 as an independent contractor, but he didn't start or acquire the business shown as "business address"--that was the company he worked for. If someone earns income as an independent contractor (reported on 1099-Misc), when they fill out Schedule C, what accounting method should they check and what do you say about starting this business in 2008. In this case, the person worked only in 2008 as an independent contractor, but he didn’t start or acquire the business shown as “business address”–that was the company he worked for.

]]> By: lauren http://www.taxgirl.com/ask-the-taxgirl-independent-contractor-questions/comment-page-1/#comment-8426 lauren Thu, 22 Jan 2009 16:37:40 +0000 http://taxgirl.com/?p=265#comment-8426 I filed as an Independent Contractor, but beings I was moving I only worked for about 3 months. I didnt make a total of income of 600$.. I made less. So I know I do not have to file them as taxes, but if i do what would be the benefits of that!? I filed as an Independent Contractor, but beings I was moving I only worked for about 3 months. I didnt make a total of income of 600$.. I made less. So I know I do not have to file them as taxes, but if i do what would be the benefits of that!?

]]> By: Tech Guru http://www.taxgirl.com/ask-the-taxgirl-independent-contractor-questions/comment-page-1/#comment-950 Tech Guru Tue, 06 May 2008 15:32:36 +0000 http://taxgirl.com/?p=265#comment-950 You failed to explain how and where to record the education expense in Schedule "C". FYI - not only lawyers and CPA's are rquired to earn CPE credits, IT Auditors do too (see ISACA) and IT Securty Specialists (CISSP) do too. So, can you tell us: 1. where on Schedule "C" it sould come? 2. If it is a LLC, where would such expense be reported? (Form/Schedule and line, please) THANKS! You failed to explain how and where to record the education expense in Schedule “C”.
FYI – not only lawyers and CPA’s are rquired to earn CPE credits, IT Auditors do too (see ISACA) and IT Securty Specialists (CISSP) do too.

So, can you tell us:
1. where on Schedule “C” it sould come?
2. If it is a LLC, where would such expense be reported? (Form/Schedule and line, please)
THANKS!

]]> By: Bianca http://www.taxgirl.com/ask-the-taxgirl-independent-contractor-questions/comment-page-1/#comment-949 Bianca Fri, 11 Apr 2008 23:16:48 +0000 http://taxgirl.com/?p=265#comment-949 But what line can one deduct education expenses on Sched. C, meaning the tuition itself? But what line can one deduct education expenses on Sched. C, meaning the tuition itself?

]]> By: Bianca http://www.taxgirl.com/ask-the-taxgirl-independent-contractor-questions/comment-page-1/#comment-948 Bianca Fri, 11 Apr 2008 23:16:22 +0000 http://taxgirl.com/?p=265#comment-948 But what line can one deduct education expenses on Sched. C? But what line can one deduct education expenses on Sched. C?

]]> By: Andy http://www.taxgirl.com/ask-the-taxgirl-independent-contractor-questions/comment-page-1/#comment-947 Andy Sun, 08 Apr 2007 17:42:38 +0000 http://taxgirl.com/?p=265#comment-947 HI I am puzzeld as I had 600$ non emplyee income and I am not a self employee. It was a one off service I provided and I am regularly employed with a company. It seems thta the only way to report this is to use the 1040 SE form. But as stated I am not a self emplyee, nor I do have my business. What shall I do for a one time profit as this? Please advise thanks Andy Perez HI I am puzzeld as I had 600$ non emplyee income and I am not a self employee. It was a one off service I provided and I am regularly employed with a company. It seems thta the only way to report this is to use the 1040 SE form. But as stated I am not a self emplyee, nor I do have my business. What shall I do for a one time profit as this?
Please advise
thanks
Andy Perez

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