Accounting Info - GoFuckYourself.com

Ace-Ace · 02-05-2003, 02:57 PM

I know I should probably see an accountant for this. But a few quick questions, if anybody has any idea (since you're all in the same boat as I am). All my $ is from companies like FreeEzineBucks, Cyberfuse (Adult Plex), EZGreen (former Adult Plex), EmailBucks, Dollar Machine, etc. Am I considered "self-employed" and have to pay the 15.3% self-employment tax?

I view myself as a private contractor, contracting myself out to these companies, so I'm not really self-employed. Just trying to see what all taxes I'll have to pay.

As far as I know:
- a set % for federal tax (depending on what bracket I fall in after I calculate taxable income).
- a set state tax (3.0% right now for ohio)

Any others I should know of? Will I have to may medicare, medicaid, or anything like that? I had absolutely nothing witheld (as I'm sure a lot of you are in the same boat) so federal tax is going to be a bitch. I think that'll be the main hit?

Basically, what other shit should I look to expect? I'm clueless.

dantheman · 02-05-2003, 03:01 PM

you answered you own question in your first sentence.

Ace-Ace · 02-05-2003, 03:19 PM

Quote:

Originally posted by dantheman
you answered you own question in your first sentence.

Hahaha, yah...anybody know of any in the Dayton Ohio area that specialize with this type of thing?

02-05-2003, 02:57 PM	#1
Ace-Ace Confirmed User Join Date: May 2002 Location: Dayton, OH, USA Posts: 1,863	Accounting Info I know I should probably see an accountant for this. But a few quick questions, if anybody has any idea (since you're all in the same boat as I am). All my $ is from companies like FreeEzineBucks, Cyberfuse (Adult Plex), EZGreen (former Adult Plex), EmailBucks, Dollar Machine, etc. Am I considered "self-employed" and have to pay the 15.3% self-employment tax? I view myself as a private contractor, contracting myself out to these companies, so I'm not really self-employed. Just trying to see what all taxes I'll have to pay. As far as I know: - a set % for federal tax (depending on what bracket I fall in after I calculate taxable income). - a set state tax (3.0% right now for ohio) Any others I should know of? Will I have to may medicare, medicaid, or anything like that? I had absolutely nothing witheld (as I'm sure a lot of you are in the same boat) so federal tax is going to be a bitch. I think that'll be the main hit? Basically, what other shit should I look to expect? I'm clueless. __________________ JamPlay.com - Online, video-based guitar lessons

02-05-2003, 03:01 PM	#2
dantheman OG Industry Role: Join Date: May 2002 Posts: 3,308	you answered you own question in your first sentence. __________________ M3server.com VPS>Get your 2nd month free Ded>$100 off your 2nd month since 1996 icq-25135623 dannyh at~m3server DOT com