Welcome Guest. Register Now!  

LinkBack Thread Tools Search this Thread Display Modes
  #1 (permalink)  
Old 03-23-2009, 03:37 PM
Junior Member
Join Date: Mar 2009
Posts: 1
Have 1099-misc from non-profit 501c3 does my self-emp tax have to be so high?

Hello- Last year I was laid off and had a W-2 for around $6000, and then a religious friend of mine with a 501c3 tried hiring me for office help and after 2 months there was not enough fundraising to keep paying my salary so he gave me a 1099-misc. I was not able to collect unemployment from this job because of the non-profit status, but I was on the first job, so I have a 1099-G from that of around $8000, and later I got a part time job and got a W-2 for that for around $3200. So my total income last year was around $22,000 only. I put in my taxes to efile in two places and was going to get $800 back until I put in the $5000 I earned on the 1099-misc. Then I went to owing $600 federal. I see there is a self-employment tax of around $700 besides my normal taxes on this. It seems unfair, knowing I sound naive, but is there any loophole here? I know I could insist on a W-2 but don't want to do that to my friend. I keep being forced to do a schedule C and try to pick the category of work "Religious and other civic organizations" and I don't know if this is right. There is also an undefined category. I was wondering if I could use the fact that I made so little last year or the fact that it is a nonprofit 501c3 to get some kind of break on the self-employment tax. I wasn't running a business. Everything was supplied to me and I had work hours. I could maybe count gas to and from work but that would be a really shaky and possibly unprovable/illegal estimate. I did have a cellphone bill that I used for work a lot during that time, but it was also my personal cell. The price did go up because of work. Please advise if there is anything I can do. I tried itemizing deductions too but they were lower than standard deduction. I am 29 and single. I don't really have the money to pay a tax professional if I am going to owe money. If I could get rid of the self-employment tax it may be worth it. Thanks.

Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
1099-MISC question busterp Income 0 03-09-2009 11:08 AM
Incorrect 1099-MISC jedibelle Income 3 02-23-2009 11:53 PM
1099-misc jmecooper Income 1 02-12-2009 06:20 PM
1099 misc? lehman09 Income 1 01-30-2009 12:16 PM
1099-misc Jaduexclens Income 1 02-22-2008 07:23 PM

Follow us on Facebook Follow us on Twitter Google Buzz Rss Feeds

» Categories
 » Income
 » IRA/Sep
 » Medical
 » Payroll
Forum for CPAs
Financial Planning