1099 tax

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4

Non Paid Child Care Provider.

D.W. asks from Dallas

I care for my 2 yr old granddaughter. I do not receive payment and I baby sit in my home, provide all, diapers, formula, milk, meals, toys etc. I am not licesed and...

7

Nanny and Taxes

S.M. asks from Denver

Anyone know how to claim taxes for being a nanny? I am planning on taking care of two children next fall and trying to figure out how the taxes work. I live in Colorado.

7

How Much Does a "Settlement" Get Taxed?

D.E. asks from Cincinnati

Long story short, years ago when the economy had first taken a huge nose dive and real estate values plummeted, we had worked w/ our mortgage company on refinance. Th...

4

Florida Business vs Hobby

S.B. asks from Fort Myers

There are a few things I want to try for work. I am currently unemployed single mom and trying to bring in some money. Unemployment is taking forever and if I can m...

4

Mileage

A.F. asks from Dallas

Hey moms, I have a question, is it legal to take taxes out on mileage from your employer? If so what percentage?

23

How to File Taxes for Self Employed

M.D. asks from Dallas

My husband and I recently started our own business. We run it in addition to his full time job. It is just the two of us, no employees, and sometimes some contract ...

23

Do You Pay Taxes on Your Nanny?

S.R. asks from Cincinnati

Hi All, I realize this might be a risky question to answer, but I assure you I'm no narc. But if you don't want to publicly post your response, I would still apprec...

7

Nanny and Taxes/etc

N.P. asks from Chicago

We recently hired a Nanny. We are paying her weekly via check. We are not taking taxes out. She states that she plans to claim her monies earned from us on 2012 tax...

9

Claiming Babysitting on Your Taxes?

A.T. asks from Boston

So i have recently become a stay at home mom... I do have a pt job on the weekends but I want to make sure it looks like I am making more money so that my husband and...

9

Bankruptcy

M.M. asks from Chicago

Long story short, we had an "income" property in the form of our first house that we had rented out the past two years. Our renters lost their jobs in January and we...

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Answer Highlights

  • also need to pay your estimated taxes in 2 answers "You will also need to pay your estimated taxes on a quarterly basis (state and federal ..."
  • highly recommend getting a cpa in 2 answers "... business you do or how you intend to file, but I highly recommend getting a CPA ..."
  • self employment tax in 4 answers "If you have profit, you will owe regular plus self-employment tax on the profit and ..."
  • punitive damages in 2 answers "Based on what you wrote, I'm guessing these are punitive damages which are taxable ..."
  • credit card debt in 2 answers "But I had no home and it was all basically credit card debt."