do you need to deduct f.i.c.a if you have been 1099d ?  what form? what else?
103479
Treatment of withdrawal amount \nThe lump sum received from the superannuation fund is not itself held as income. Depending on what the customer uses the withdrawn amount for, further assessment may be necessary. \nIF the withdrawn amount is spent or used for other non-assessable purposes NO further assessment is necessary.
25889
IRS Designation 1099 in lieu of W2/W4. Contractor status.\nAll taxes are responsibility of your sub contractor.\nI do 1099 work often.\nTo be fair let your worker no of all the rules.
42860
consult http://www.irs.gov\nIt depends on your income level. Likely you'll use the 1040 form if you're just filing personal income taxes.
93707
Yes, you have to file if you made more than $400 in self employment.  If you were paid on a 1099 as an independent contractor that would be considered self employment.  You have to pay self employment tax, which is social security and medicare, on your 1099 income.  File a 1040, and a schedule C for the 1099 income.  Self employment tax goes on Schedule SE.  Deduct the studnet loan interest on the 1040, line 33.
63991
That depends -- did you register with the company that gave you the 1099 as a SS# 1099 client or an Employer ID client?  Also, who received the money?  Here's some options:\n   - contact the company that gave you the 1099 and have them correct it.\n   - write yourself a check from the corporation for the amount of the 1099 and just put it on your tax return\n   - file it as if you received the 1099 in the corporation and if the IRS ever calls you in, just tell them that you didnt realize since you recorded the transaction within the corporation.
1135663
check with your state website they usually have any form, furmulas needed for figuring taxes for businesses for federal you can check the irs website
396124
1099 is not an employee.  You are a contractor.  Two differnt things.  Give it to your tax person before you make it any more difficult.
304140
Obtain a W-4 from your employer.  When filing your tax return, you don't need a special or new form if ou are adding a depenant this year.  You just include them on your usual forms.
222140
The company who issued you the 1099 has to issue government versions of that 1099 to the IRS by February 28th. The best thing for you to do is what you did. If they gave you that 1099, you can bet they sent it in to the IRS as well, which means if you don't claim that on your income tax return, the IRS will catch it and you'll be up {you-know-what} creek. Who knows why it's taking so long for your return to be processed. Depending on when you filed it, they could just be really backed up. I filed mine really early and it still took several weeks. Hope that helps!
794778
You will add a Schedule C form to your 1040 and you will not be able to file a 1040ez, i.e. you'll have to itemize to get the business deduction, but in  your case it will probably be worth it.  And yes, officially you'll need receipts, but if you never get audited...  \n\nMaryland will (most likely) take your net income from the federal form.
99770
You don't need it.  Just claim the income on your 1040 and attach a signed note stating the business name, the amount, address of the business, and who was your contact there.  State that to your knowledge the business failed and you did not receive a 1099.  As long as you are honest and pay the required tax, that is all you are required to do.
264053
If you are expecting to receive Form 1099s from a company or companies, it would be in your best interest to complete new W-9 Forms to ensure that they have receipt of the address when they actually issue the 1099 forms.  Some companies may get this information from your billing address, but to ensure you get the 1099 timely, I would recommend changing the W-9 form to reflect the new address.
1106925
You need the form itself, and you also need a form 1098, to report to the IRS.  Both can be obtained thru the IRS, or you can goto a local office supply store, and purchase them in a small packet, which usually has 8 to 10 of these forms, printer ready.\n\nYou can download the necessary forms and instructions from the IRS, or have them mailed to you.  Ive provided the link
396310
You don't need to send in a copy of the 1099-INT.  The only sheets you are required to attach are W-2s, and any 1099-Rs (retirement, IRA, pension withdrawals) that had any federal tax withheld
137920
They dont really have to send you a 1099 unless they paid you $600 or more.  You could put it on line 21 as other income.  But, the best thing to do is probably to put it on a Schedule C so you can deduct any out of pocket expenses you had associated with that income.  If you put it on Schedule C though you will have to pay Self Employment tax  of 15.3 percemt because you made over $400
1108740
It does not matter when you purchased it. You converted it from personal use to business use in 2006. Therefore, when deducting it as a business expense, you can only deduct it's fair market value at the time you converted it to business use, which had better be less than what you paid for it (since CPUs go down in price rather quickly). Be ready to prove the deduction in case IRS decides to check you out.\n\nAs mentioned above, you can use Section 179. All in all, unless you plan to hire a taxman, you should get acquainted with the IRS website and relevant publications.
488346
In 2006, the single person standard deduction is $5150, so he will not pay "income tax" on income up to that point.  However, he will have to pay "self employment" tax on that income as a self employed individual if it's more than $400. (15.3% of self employment income)  This is for FICA and Medicare.  He will likely get a 1099 from his employer for the total amount they pay him.  He can however, deduct any business expenses he had pertaining to this job to lower this figure on Schedule C.  So I would keep track of any expenses he had to pay out of pocket for this job, like mileage, any special tools or equipment purchased, etc.  Talk to a tax accountant and explain his situation for better advice.