Tax Law (Questions About Taxes)/untaxed..

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Question
my husband and i did "side" jobs during 2012. got paid "under the table" how do we claim this on our taxes?

Answer
Candice:

If you were paid CASH (no with holding) then you are "saying" you were in business for your self.  Therefore, your gross sale (earnings) needs to be put on a Schedule C.

If your sales were $600.00 more you should be getting a 1099 with the total amount to put on your schedule c.

John

Tax Law (Questions About Taxes)

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John L. Tidwell

Expertise

Unemployment tax law both state and federal; determination of employer employee relationship; the usual 20 commonlaw factors for making that determination; and what makes me a liable employer.

Experience

Over 20 years of field audit experience with a state agency

Organizations
none

Publications
none

Education/Credentials
Degree in Accounting from Falls Business College

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