Taxpayer asks: I’m getting mixed responses about being able to write off my parking expenses for work. I am a hair stylist and technically work as an “employee” at a salon (commission-based). I drive to work and park in a paid lot. I have receipts totaling over $900 from 2011 parking. Can I write off…
It has been quite the week, starting out with an unexpected trip home to be with my family for my mom’s heart surgery. The days have been filled with doctors and nurses and hospital waiting rooms while the evenings have been attempts to catch up with my kiddos and husband over phone calls, Skypes, and…
Taxpayer asks: I made 599 from one employer and 150 from another employer. Do I have to claim these amounts as income since they are below the $600 threshold? taxgirl says: Yes. Income is income, no matter the amount. The reason that this gets confusing for individual taxpayers is that the threshold for required reporting…
Taxpayer asks: Dear TaxGirl, Recently I received a request from a company to fill out a W-9 form. I am not, nor have I ever been, an employee of this company. However, I did receive money from them. I’ll explain quickly… My mother worked as a 1099 employee for a manufacturing company. She sold millions…
Taxpayer asks: Hi,I just got my taxes done and I don’t see paperwork for my homestead credit or working pay credit in my taxes. I looked at last years and all of it is in that one I called and left a message with the person who did my taxes but I should get working…
Taxpayer asks: I received workers comp most of the year, will I receive a 1099 for these earnings? taxgirl says: Amounts you receive as workers’ compensation for an occupational sickness or injury are not taxable if they are paid under a workers’ compensation act or a statute in the nature of a workers’ compensation act;…
Taxpayer asks: I forgot to include the Schedule M with my free e-file.Should I do an amended return or ?Thank you. Taxgirl says: Nope. There’s no need to amend because… there is no Schedule M for individual taxpayers for the 2011 tax year. The Schedule M was used to figure the Making Work Pay Credit…
Taxpayer asks: If my w2’s for the year are still at single but I am married can I file single or should I file married. Is it true that if my w2’s are at single they are pulling more money and if I file married I’m not getting back what I should?It never dawned on…
With just a few days to go before the IRS starts to accept e-filed returns, my inbox is chock full of Ask The Taxgirl® emails. Here are some things to remember: I get a lot of emails and I read every single one. I’m not ignoring you but you’re also not the only email I’ll…
Taxpayer asks: Since the self-employment tax rate is 12.4 percent, why do I have to pay 15.3%? taxgirl says: Self-employment tax, sometimes called SE tax, is a tax consisting of Social Security and Medicare taxes for those who work for themselves. It’s the equivalent of the total of Social Security and Medicare taxes, sometimes called…