Anyone??? taxes

[Kirby]

Hey anyone know what form i need for my taxes. I have a new job but i have to do my own taxes.i live in South Carolina i need help thanks.

 

[sarasmile]

I would recommend you see an accountant to make sure you get the proper tax forms for your particular situation.

 

[djc1175]

I think you should hire an accountant. They know what is deductible or not. Worth a couple hundred bucks to me to stay out of trouble with the I.R.S!

 

[asap]

Anyone??? taxes

Hey anyone know what form i need for my taxes. I have a new job but i have to do my own taxes.i live in South Carolina i need help thanks.

What forms to use depends on many different things. Are you self-employed? Did you get w-2s or 1099s?

Without more info, there's no way anyone here can tell you how to do your taxes.

I agree with the others that if you don't know, then perhaps it's time to visit a tax preparer.

Angie

 

[Maev]

If you cannot afford to hire a professional tax preparer, you should be able to find volunteers in your area to assist you. The IRS sponsors a volunteer tax prep program called V.I.T.A. and there should be volunteers nearby.

That's really good to know. Thanks Pete!

Angie

 

[Larkin]

Ugh! I hate taxes. This year, I swear I am not waiting until the end of the year to get everything done. 2008 was the LAST year I will do that! I SWEAR!! I have an appointment made to go to my accountant in early March and I want to go there at least quarterly. I don't care if it cost me money to go there, it is worth it to get the stress off of me.

I practically pull out my hair from early November until I turn in my taxes, which last year I filed an extension.

I stayed up all night one night last week worrying about stupid taxes and all the work involved in doing them. I finally told myself (with my fiance' as my witness) that I will not do this any more. I will let someone else help me do the business stuff I totally suck at (finance) so I can concentrate on the stuff I am good at (massage and marketing.)

I told my mother about my tax woes and she said something like, "You want to pay someone $1000 a year to do your taxes???"

To which I replied, "If I pay someone to help me do what I am bad at, I can do more of what I am good at and in the end, I will make more money, more than enough to cover the $1000 (or even more) an accountant would cost me."

Ugh, taxes.

 

[That DK]

I generally try to utiize the slow times and months (like end of Dec.) to get all the tax info prepared - plus I use Quick Books. Then I am just waiting on the small stuff to send to my CPA when it comes in (student loan interest).

BTW... I am done with mine and sending the student loan interest to CPA via fax today! Wahoooooo! :woohoo:

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I too, second seeing an accountant for tax stuff. It does decrease a lot of your headaches. And don't forget, if you are low on funds ---- consider bartering with one!

 

[kibastryker]

Ok thanks everyone. :grin:
Now i have a current job at a restuarant. I did not do any paid massages last year.
The job that I started this year as a massage therapist I will be responsible for doing my own taxes. I needed to now about keeping track with that on what forms? thanks again

 

[Julie B]

I use Quicken and spend about 10 minutes every 10 days or so to update it. Once a year, I print out my CashFlow report (2 minutes) and turn it in to my accountant. All my receipts are placed in marked envelopes as I get them, example: supplies, creditcard receipts, advertising...

My accountant does my taxes and figures my estimated taxes for the following year (paid 4 times.) He charged me about $300 last year for 2 businesses.

 

[NobodyRoxas]

Don't do anything...just claim it was an "innocent mistake"

 

[Angeltress]

I pay my taxes 4x's a year with the IRS and the form you need is the 1040 ES. I also filed my taxes myself with Turbo Tax for small business and it is really easy. I ended up overpaying last year so I got money back !!!!

 

[Ashley:)]

Hubby and I file jointly:

Form 1040
Schedule C
Schedule C - Self Employment Tax

then we add in a form for Credit for Retirement Fund Contributions
form for Donations

and so on and so forth...

Our accountant has had us do it that way for the past 13 years - so far so good.