Tax Information
 

Hey guys...

This might sound like a stupid question for some, but here goes...If you make enough from a sponsor, where the govt. wants their cut, and you are 1099'd...what is the procedure? what do you claim this earned income as?

Any info on this would be appreciated.

I would speak with an accountant. :)

Do they charge? to consult with them? or....?

sorry for the "so many questions" but I am new to this tax stuff, and accountants...

thanks

Simple. Take any W-2 forms from regular jobs and the 1099 to any tax prep place like Jackson Hewitt or H & R Block and have them do your taxes.

If you are new to this you likely didn't make enough to need a CPA or anything too exciting.

Jimmy

taalk to an accountant

you'll fill out a "schedule C" form where you list your self-employment income. sites like turbo tax or esmarttax.com make it easy for you.

I would talk to a good accountant.. this is the #1 you must have.

a good accounted would discuss with you your options.. if you make lots of $$ in this industry... their are ways to deal with it.. just get a good accountant.

grrr.. i type too fast
accountant not accounted

It's easy you will finish in the end...