How do you sort out the tax-time mess?

Discussion in 'General Business' started by seant, Jan 20, 2006.

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  1. #1
    So I am making revenue via paypal and I want to get the tax stuff right but I want to do it on my own via an online tax program.

    Any tips?

    I also have adsense money but it's mostly on my own via direct payments via paypal.
     
    seant, Jan 20, 2006 IP
  2. Acer

    Acer Well-Known Member

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    #2
    Schedule C or C-EZ to account for income and expenses.
    And Schedule SE (self-employment tax) for the profits.
    Learn these how to use these and you'll be in good shape.

    Uncle Sam has made it so easy for you!
     
    Acer, Jan 20, 2006 IP
  3. Corey Bryant

    Corey Bryant Texan at Heart

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    #3
    Corey Bryant, Jan 21, 2006 IP
  4. iowadawg

    iowadawg Prominent Member

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    #4
    Go to wally world.
    Buy Turbo Tax by Intuit.

    Easy, quick, and very reliable!

    The Iowa Dawg
     
    iowadawg, Jan 21, 2006 IP
  5. Crazy_Rob

    Crazy_Rob I seen't it!

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    #5
    Hire an accountant to do your taxes. It wont cost much more than buying those DIY programs.
     
    Crazy_Rob, Jan 21, 2006 IP