Quote:
Originally Posted by selena
You can add up your deposits. To fill out the form, the IRS just wants a total, they don't care who you earned the money from.
However, it is really in your best interest to have some kind of record-keeping system as you go forward. And when it comes to expenses, having the records is a must.
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thanks for the info.
i guess i really need to learn how to keep track of all this. so next year will be easier.
how do you guys do it? everytime you get a check you note it down somewhere?
or anytime you buy something for your business you write it down and keep the receipt?
i just used to depend on the 1099's, i guess that isnt enough. you need your own record.