‘receipts’ Tagged Posts

child support new york state-lots of questions?

My fiancee got divorced in December of 2006. The child support was set during the divorce and his ex wife agreed to the amount. The next day she filed...

 

My fiancee got divorced in December of 2006. The child support was set during the divorce and his ex wife agreed to the amount. The next day she filed through the state to have the child support increased. She lives in New York, he lives in Montana.
Assuming that he would be paying a fair amount and more than willing to do so, he did not feel a need for legal representation and all proceedings took place over the phone. Boy was he in for a surprise!
After all was said and done, he is paying 00 a month and after taxes and child support, brings home 00 a month.
Now, living paycheck to paycheck (barely), he cannot even think about legal representation, let alone pay for it. His ex-wife made several false claims and told my fiancee that her lawyer said they would take him for everything he’s got.
Now we are expecting a child. I have been turned down for MedicAid due to his gross pay being too high to consider deductions. The baby is due in 6 weeks and we are in debt up to our ears. I finally convinced him to try for modification of child support but he is discouraged and has doubts about anything happening.
Any advice? We are pretty much clueless with this kind of thing. Didn’t exactly attend law school. The judge accepted written receipts from her for proof of expenses for the child. So, she could be coming up with this stuff off the top of her head. Can we call Better business bureau to find out if these places even exist?
Any advice would be very helpful. thank you
I apologize for making my fiancee sound like a deadbeat. apparantly i did. He is more than willing to pay as much as his son needs. We feel like his ex wife is benefitting from this for herself more than his son. His son is not benefitting from the entire amount being sent. Trust me.

advice im getting audited..?

 

i work on commission at a salon, and filed my taxes. my preparer said im considered self employed and filed a schedule c, and i am now getting audited….i dont own my own business, and although i do blame myself for signing something i had no knowledge of what it was, what can i do? its basically my preparers fault, for making a mistake. i had no deductions that year they are now asking for receipts, logs, bank statements, and bills….im stressed because i dont own the business…any advice?

Medical expense deduction (self-employed)?

 

So… last minute taxes, coz I’ve been putting it off for fear of the headache I’d get (and am getting).

I’m self-employed, and went through and deducted all business expenses (rent for home office space, computer stuff, stationary, supplies, etc, etc…). I also deducted my insurance premiums as a business expense, but then did other medical expenses as personal expenses.

However, not having many personal deductions, my medical expenses don’t seem to be enough to take any deduction, and being rather poor (oh woe is me) I’d prefer deducting medical expenses as a business expense if I can… can I? And if so, where do I do that? I only see a section for insurance… not misc. medical expenses.

Thankyou so much!!!
Nothing’s paid with credit card… all debit/bank card, and I have the bank records and receipts for everything. No interest. I don’t even have any credit cards.

My medical expenses exceed 7.5%, but it still won’t let me deduct them as those are pretty much the only personal expenses I have (most everything is business, as I work from home, so can deduct portions of utilities, rent, phone, internet, etc…) so I don’t have enough personal expenses total to get any deduction apparently (?).

I don’t make enough for them to bother auditing me… they’d be spending more to audit me than they’d get back (if they got anything back, as I have receipts for everything and they’re all legit).

Basically, all misc. medical expenses are through insurance (what insurance wouldn’t cover, etc…) which IS business, so…???

Ugh.

If anyone could further clarify I’d appreciate it (I realise I’m probably arguing a moot point, but hopefully someone can point that out?)! Thanks!!!
The verdict: taxes are way too confusing. Bah.

Thankyou to those who tried to help! I appreciate it.

I did a bit of sleuthing, and according to "Topic 502 – Medical and Dental Expenses" on the IRS’ website, I CAN deduct misc. medical expenses on " Form 1040, Schedule A". And I did… and it helped a lot. The info is here in case anyone needs it in the future: http://www.irs.gov/taxtopics/tc502.html

Cheers, and thankyou!

Off to the 24 hour post office to avoid the hoards tomorrow (ugh!)!
Kathykoul… thank you, but it’s already been clarified. I checked online (one of the links listed) and out of nervousness called the IRS after sending out my taxes (and was on hold for like an hour) and they verified that I can, in fact, take them as business expenses since I’m self-employed.

Do I even need to file schedule C?

 

I don’t have any license yet, but will get one next week. I’m unemployed so I started selling things around my apartment since a few months ago. And I have also pick up a hobby of crafting, and sell sell the things I made. I was told that I have to file schedule C on internet incomes. I sell my things on ebay and etsy and have all my transaction on paypal. I buy everything and sell everything mainly online. And I also print shipping postage on paypal so I have no paper receipts to keep at all. I upload all my transaction from paypal to outright (Bookkeeping Program) and trying to sort out my expense. I put Shipping fee, paypal, ebay, etsy fees under "Cost of Goods Sold and I also put things that I buy then resell on ebay under "Cost of Goods Sold."

After all the sorting, it shows I have 00 income on the first line. But after all the fees and deductions, I have -0 loss on "Net profit or (loss)"

What’s the point of me filing it when I’m not even making money? Is it really necessary for me file this income? The schedule C s very complicated, but plan to file it with my husband’s tax return.

Turbo tax fee version don’t have Schedule C, so I plan to get the home and business edition. It cost ,95, do you think it’s worth it?

Unemployed for 3 years…now self employed. Audit Risk?

 

So I’m 22 and I’ve been unemployed for the past 3-4 years staying with my cousin on and off. (Please no insults, I was depressed, dropped out of high school like an idiot and had a lot of trouble finding jobs) I had a few part times jobs before that.

Anyways, I havent filed taxes since 2005 or 2006 when I did for my part time jobs. Earlier this year I started on a website called keen doing advice work over the phone (they dont send me a 1099 but I’ve been keeping track of all money I’ve received from them and have made about 5,000 in income so far and will be reporting it as self employed from what I’ve read. I know about the tax rules and everything now from days worth of reading and researching but it has got me to thinking about audits now. I have very few deductions to write off on my schedule c (mostly advertising expenses like business cards and flyers i passed around) so I’m not worried about getting audited based on my deductions. But I’ve read that they compare this year’s tax return to last years, so since I havent filed a tax return for about 3 years and there is nothing to compare this year’s return to am I likely to selected? I have receipts for my deductions saved but I’m more worried/embarrassed about dealing with the confrontation and explanations of the past 3 years with an IRS agent.

So as a newly self employed person with no prior year return filed am I likely to get audited?

AS i file my taxes (USA) can i deduct expenses from 2003/4/5?

 

I run a business from home on part time basis. am wondering if i can include expenses i did not deduct for 2003 2004 and 2005?

alternatively how else would i be able to make those deductions form those years now? surely the IRS must have a provision for this.

P/S
BTW i just happened to come across the receipts from those years.

How much in taxes will I owe For 2009 If…..,?

 

I have estimated that I have made approx 35K this year , I am a small business owner and after all my deductions in expenses ( Business rent , and other receipts) I will have walked away with 35K this year , I am filing single with no depend ants in the state or Oregon I have paid no estimated payments and would like to know what I will be looking at as far as all my taxes including Social Security , Fed Income Tax , Sate Income Tax , Medicare ? Also what kind of stimulus will be coming if any?
Thanks..

If you need more info please ask

schedule C for 1040 ES?

 

I need to do estimated tax for having worked under that 1099 form. Now, when you claim deduction under schedule C under Form 1040 ES, if you don’t have all the receipts for business expenses (meal, transporation, cell phone), can your credit card statements serve as receipts in case IRS opts to audit me?

If you used cash, and have no reciepts, is it better to NOT claim deductions for such receiptless business expenses?

Many thanks.

sir, i am appointed in your organization from pallmall recruitments . i am confine or not?

 

AGREEMENT FOR CONTRACT FOR SERVICES/OFFER LETTER FOR CARRYING OUT EXPATRIATE TECHNICAL SUPPORT SERVICES PROVISION IN THE ELLESSE OIL COMPANY INTERNATIONAL (DB) THIS AGREEMENT is made this BETWEEN HILLSON OIL COMPANY INTERNATIONAL
(The "Employer") JOB REF NUMBER: UK/684NAS Dipak Badgujar
(The "Employee")
1. For good consideration, the Company employs the Employee on the following terms and conditions.
2. TERM OF EMPLOYMENT: Subject to the provisions for termination set forth below this agreement will begin on 10TH DAY OF JULY, 2008, unless sooner terminated.
3. SALARY: The Company shall pay Employee a salary of £9,400.00 every month after tax deduction, for the services of the Employee, payable
3.1Employer for each intercontinental trip shall pay £2500.00 flat rate travel/entertainment allowance to employee. Travel shall be by business class/first class. However for the purpose of commencement, the cost of travel ticket shall be paid in addition to travel/entertainmen
POSITION: Senior Maintenance Engineer
The Employee’s duties may be reasonably modified at the Company’s discretion from time to time.
4.1 JOB LOCATION: 1GREAT INCHESTER STREET EC2N 2DB LONDON
4.2 RESUME WORK DAY: 10TH DAY OF JULY OF THE YEAR 2008
4.3 CONTRACT DURATION: 2 YEAR
5. JOB PROCEEDING/REQUIREMENT:
New employed and recruited for HILLSON OIL COMPANY INTERNATIONAL (And not presently possessing a valid Residence, Work Permits, Visa) shall be expected to personally incur all expenses as shall be related to the processing, procurement and acquisition of their necessary permits clearance papers with the TAKE –A- TRIP TRAVELING INTERNATIONAL AGENCY (VTI) and shall be duly reimbursed and will be substantiated with receipts and the employer will reimburse the employee not later than Five (5) working days after submission of employee’s expense report and receipts.

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 one person. I agreed to pay my own taxes. I will issue myself a 1099 at the end of the year. Which box would I put my total income made? Can I keep tract of my commute mileage for a tax deduction? I will be driving approx. 30 miles one way. What about tolls? I will probably just take a lunch to work but if I eat out, how about meals as a deduction. Now to make things more complicated, I will be filing married, joint return with my husband and his self-employed business income. I do not have a business of my own. We have our taxes done by a CPA so there is no problem there. My problem is mileage b/c he has mileage too and we have one cell phone to share for my work and his work. Any help will be appreciated. I know to keep all receipts. Thanks in advanc

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