I received a 1099-misc. for a summer camp i worked at,how do I fill out schedule c,when i don't own own busine?
-
now we have to pay an underpayment tax penalty,how do i fill out so we dont owe penalty
-
Answer:
If you receive 1099 income, you are required to pay tax on it. Ignorance is no excuse, despite the fact that you are probably young and inexperienced. You'll need to pay someone to help you with this. When you get paid as a 1099 worker, you are technically operating as a sole proprietorship; so you are a business owner.
kim at Yahoo! Answers Visit the source
Other answers
There is no way to avoid paying the penalty. Please hire a tax professional if you do not know how to file the 1099.
Ryan M
Related Q & A:
- How do i change my display name when i answer a question?Best solution by Yahoo! Answers
- How do i make a signature for when i send an email?Best solution by Yahoo! Answers
- How can I get an audio alert when I get a new e-mail?Best solution by Yahoo! Answers
- I received a .3GP,as an attachment, how do I open.Best solution by Yahoo! Answers
- How can I get a text alert when I get an email?Best solution by Yahoo! Answers
Just Added Q & A:
- How many active mobile subscribers are there in China?Best solution by Quora
- How to find the right vacation?Best solution by bookit.com
- How To Make Your Own Primer?Best solution by thekrazycouponlady.com
- How do you get the domain & range?Best solution by ChaCha
- How do you open pop up blockers?Best solution by Yahoo! Answers
For every problem there is a solution! Proved by Solucija.
-
Got an issue and looking for advice?
-
Ask Solucija to search every corner of the Web for help.
-
Get workable solutions and helpful tips in a moment.
Just ask Solucija about an issue you face and immediately get a list of ready solutions, answers and tips from other Internet users. We always provide the most suitable and complete answer to your question at the top, along with a few good alternatives below.