Another IC question - re computing real pay

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• Another IC question - re computing real pay (Views: 756, 2015-07-25, 2:31 pm)
  • You do pay the part of SS that an employer pays but then you turn - around and write it off. I am an IC because SM (Views: 721, 2015-07-25, 3:21 pm)
    • Then money I *paid* the kids, was actually used for groceries, school - supplies, school clothes, bills, etc. nm (Views: 616, 2015-07-25, 3:38 pm)
  • When I worked as an IC - my tax preparer told me (Views: 789, 2015-07-25, 5:05 pm)
    • I pay quarterly. Tax guy was able to tell me, based on last years income, - what to pay. If I saw that I would be making SM (Views: 657, 2015-07-25, 5:14 pm)
      • And tax guy gave me the pay slips and envelopes to send quarterly. - The amount I needed to send he wrote SM (Views: 595, 2015-07-25, 5:16 pm)
  • I would say 1/3 only if you don't have a lot - sm - XXX (Views: 579, 2015-07-26, 11:03 am)
  • Another IC Question - Cincygal (Views: 531, 2015-07-26, 7:42 pm)
    • Yes, there are a lot. - sm (Views: 646, 2015-07-26, 8:52 pm)
      • Again, consult a CPA (tax guy). Also google tax write offs - for home business. nm (Views: 429, 2015-07-27, 1:42 pm)

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