Welcome Guest. Register Now!  



 
 
LinkBack Thread Tools Search this Thread Display Modes
Prev Previous Post   Next Post Next
  #1 (permalink)  
Old 04-13-2009, 02:29 PM
Junior Member
 
Join Date: Apr 2009
Posts: 1
1099-MISC and schedule C

I worked a one week job for a company in 2008 that resulted in a 1099-Misc that has only info in box 7. I had no other income.

I'm a bit confused about which forms I need to file. I'm using the free online government site and it doesn't offer much help.

I think I need to file form 1040 with the Short Schedule SE filled out. Correct?

I'm not sure if I need to fill out schedule C or C-EZ or neither.

If I do need to fill out C or C-EZ I have these questions:
-I'm confused. Since this is just a business I worked for but didn't own am I supposed to be filling out the business address and EIN or do I leave that blank?
-On C-EZ would I be putting my info from box 7 on my 1099 in line 3 (net profit)? Would I put that same info in line 1 (gross receipts) or leave it blank?
Should Line 2 (total expenses) have a zero or be left blank?

-If I have to fill out out schedule C instead of C-EZ where am I supposed to put the info from box 7 of my 1099?

Thanks in advace for any help.


Also since these are just federal tax forms I'm filling out do I need to be filling out some kind of state tax forms also? If so what and for which state (I worked in a different one than I live)?



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
 



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 samantharg Income 1 04-03-2009 01:46 PM
Schedule C or 1040 line 21 - 1099-MISC klf23 Income 1 02-08-2009 12:55 PM
Help with 1099-B and Schedule D, Wal-Mart Stock Maintenance Fee AnezaTN Capital Gains 1 02-02-2009 11:39 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
 
Individual
 » Income
 » IRA/Sep
 » Medical
 
Corporations
 » Payroll
 
Forum for CPAs
 
Financial Planning
 
 
 

» Recent Tax Q&A
No Threads to Display.