IC - how do you figure your taxes?

As a subcontractor performing medical transcription, do I have to pay self-employment taxes in addition to Federal Income Taxes? ...

The patient has a fracture and the doctor said he "placed a figure-8 splint." What is the correct for this: figure-8, figure-eight, figure-of-8, or figure-of-eight? ...

I owed a bit of money for last years taxes, which I do not have so am making monthly payments. I sent in the form to request to pay monthly, but have not heard anything back. Has anyone done this and is this unusual (that I have not heard back anything)? I was reading all these websites and they were saying just keep mailing in what you can each month until it's paid off and then you might owe penalties, which I understand. It stinks, but right now I have more bills ...

How should I figure out lines per hour? ...

I am not good in math and would like to know how you figure out which is better 7 cpl w/spaces and a 55-char. line or 8 cpl w/spaces and a 65-char. line? I am told the 7 cpl rate uses a lot of canned text that you get paid the full amount for so this should be a plus. Anyone out there feel brainy today? If so, thanks for your help. ...

It is also important to watch for the development of delirium tremens and treat with s/l perincual valiums if this should occur. Any suggestions would be appreciated! ...

I wonder if the in-house employees, office employees, have their time as scrutinized as ours is. I wonder if they get docked for, let's say, going to the bathroom or getting a cup of coffee. I know the transcriptionists working in-house make $15 an hour to start. There was a job advertised 6 months ago or so, and I questioned it. Here is their reasoning: Because they have to drive and wear dress clothes, they make more money. What the #$)(. I have t ...

VR just can't get the word "catheterization." This time it said "catheter is Asian." Good grief. ...

I'm trying to figure out a word that s/l "perinif"....here is the sentence. The pain actually radiated square across her upper abdomen, but is close to the side of her surgical ______. I had her undergo a CT scan Thanks for any suggestions! ...

So, that "First Time Right/QA on Demand just started. Wouldn't you know that as SOON as it started, I have been getting nothing but out-of-BOB accounts. At this rate, I won't be able to stay under 10%, much less than up to 25% or more. Up until now, was getting my primary or at least BOB accounts, I calculated carefully and figured out that while staying in my BOB, I could come under 5% most of the time. I am really thinking they want everyone consta ...

Is there such a thing as figure-of-x sutures? ...

We were told there would be more work for the next few days. Then I looked up what you were all talking about (Diwali). At least now I know what happened to all our work -- it is going to India. I simply don't understand that. Yes, I understand the hospitals wanting to pay lower rates, but I DO NOT understand how they would put up with the poor quality of work they are surely receiving. I am so discouraged and heart sick. ...

Dr. is listing....Patient with 3-4 weeks of a frontal headache. Discomfort with ROM of the neck, a lot of trapezius muscle tightness and paraspinal muscle tightness. Positive s/l La-Rick. ????? HELP! ...

I have not been with this company a full year and I know that changing my status before 6 months will affect my hire-on bonus, but how would I go about changing from full-time to part-time? Do I tell them this is what I want to do or do I ask my TSM? Any help you all could offer would be great! ...

Seriously, no disrespect, 25 year veteran here, but really. I cannot understand why any of you who are the caliber I was, which I know is many of you, well trained, top notch, used to earn 40,000 without blinking an eye and denegrated to become minimum wage typists adhering to draconian policy. The BEST thing I ever did was quit and immediately land a job paying 40,000 a year...simple work, not my dream job, but great benefits, they BEGGED me to take the job...even after offering m ...

Hi, I am looking for any ideas or tips that MT's may have as to how to find or figure out blanks. Thank you. ...

from what areas? SA4/South CCM is the same, but one regional director was changed from a guy to a woman I'm not familiar with. ...

Hello! :) This segment was dictated, and I can't for the life of me figure out what is in the parentheses: "Rubella immune. Varicella immune. Hepatitis negative. RPR negative. GC/Chlamydia negative. PPD negative. (JPS/JPF/GPS/GPF) negative." Obviously the doctor didn't say all of those acronyms, those are just some options of what it sounded like to me. The most distinctive sound is the middle letter "P." So it sounds like a 3-letter acronym with the middle letter being P. The pa ...

Hi! I have been a transcriptionist for over 15 years. I have only worked in a hospital and from home. The home job had been ELIMINATED, so I have not transcribed in about a year and a half. I have never had to figure my lines as the hptl or powers that be have always just magically issued a paycheck. Recently I was offered a PT job typing for a local clinic and I need work so of course I accepted and offered 8 cents a line. I know a line is based on a 65-char ...

Higher utilization of offshore production and ASR leads to lower costs for us, which permits us to offer better pricing to our customers while at the same time contributing to margin growth. We have successfully migrated a significant portion of our volume offshore and we will continue these efforts. As technological advances and increased use of offshore resources have driven down industry costs, the average price per character has also declined as healthcare providers have sought to participa ...

I'm sorry, but there's a thread below where someone is calling out the user "SM". LMAO! SM MEANS: short message, small message, or see message. Pick whichever you prefer. It's been used on message boards practically since Al Gore invented the internet! (lol) I was told it meant "see message", while others have been told it's is one of the other 2 meanings. However, the overall meaning is the same. It means "Hey, there's a message ...

I worked as an independent contractor for the first 5-1/2 months of 2009, but when reading the IRS definition of independent contractor, I realize that description did not fit my position. Will I still need to pay self-employment tax? ...

Hi, Just accepted an IC position from a private individual. I now have to deal with estimated taxes,, been a long time so I have questions. Pretty basic, been reading,, I will not recieve a check prior to May 31, so I will be doing ET for the first time September 15, 2010. How do I calculate how much to send? I have heard that IC should have a separate checking account and make the deposit in there of the IC check and "pay" myself from there? Any thoughts, advice, s ...

I would like input on whether you do your taxes yourself or take them to a professional? I had a local accounting firm do mine for a few years and now they are just H&R Block and the rate I pay keeps going up. I have looked at a few do your taxes online yourself and H&R seems to be reasonable online (half of what the place charges). Who does their taxes themselves and what is your experience with it? Thanks for any help or advice you can give. ...

I am an IC and am being choked by self-employment taxes. It seems like I work to pay the taxes. Anyone have any tax advice? Does anyone else feel this way? ...

I have been an employee since the start of my career and never had to worry about taxes. For some time I have been entertaining the thought of taking an IC position on the side, but then I was told that as a self-employed person I would be carrying 35% tax liability. That scared me out of my wits. I am sure this does not apply literally, but I want to know how things would pan out for an IC who earns $45,000 in a calendar year. How would you break things up as expenses in ...

For those of us lucky enough to be away from this horrible company does anyone know when we can expect to get our W2 forms? ...

I've been trying to figure out jury duty time off. I'm PT and see a lot of info for the FT folks and PT in certain states, not mine, but don't see anything other than that. Does that mean they won't release me for jury duty? I kind of thought companies were required to let you off for Jury duty. Where I live, I can only opt out of Jury duty if I can prove an actual hardship and I don't believe MQ disallowing me to go constitutes that. If anybody has experienc ...

IC - how do you figure your taxes? - newtoIC

I ask Cory, my tax guy. Btw, his fee is a tax - write-off. nm

Go to the IRS site and look up form - Bonnie

irs site - newtoIC

At least 25% to cover fed withholding, state withholding - and self employment taxe

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