Posts tagged as:

other income

Ask the taxgirl: Estimating My Taxes

30 January 2011

Taxpayer asks: A place paid for me $663 for services performed. They said they will send me a 1099 at the end of the year. How do I figure the taxes to take out? taxgirl says: If you are paid without having any taxes withheld (meaning, generally, that you’re going to receive a form 1099) [...]

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Ask the taxgirl: Reporting Gifts

28 December 2010

Taxpayer asks: Hello Tax Girl: I am in NY. My father is giving me approximately $25-$30k this year. He will be reporting the payment to the government by sending me a 1099. My question is: Are there any special provisions to keep in mind when I report this on my income tax form or do [...]

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Ask the taxgirl: Reporting Dicey Income

9 October 2009

Taxpayer asks: I have a difficult situation. I won a lot of money in my church’s 50/50. I know I have to report it as income but when I asked for written information from my church, they asked me not to report it. They say they aren’t legally allowed to run a 50/50 and if [...]

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