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If someone rents church space to produce plays and charges admissions is this earned income and taxable if over 400 is made?
Wiki User
∙ 13y ago
This sure does sound like some sort of business operation that is going on from the above enclosed information.
This self employed someone should probably use the below enclosed information.
That someone will need to report that income, and any related expenses, on Form 1040, Schedule C, Profit or Loss from the Business operation, or that someone may qualify to use Form 1040, Schedule C-EZ, TO determine that someones Net Profit from the Business operation. That someone will also need to use the Form 1040, Schedule SE, Self Employment Tax form to compute and report that someone social security and Medicare tax on the net profit from the business operation.
For instructions and forms go to the IRS gov web site and use the search box for publication 334 Tax Guide for Small Business a very good place to start with examples
Publication 463 Travel, Entertainment, Gift, and Car Expenses
Use the search box at the IRS gov web site for Small Business and Self-Employed Tax Center
Filing Season Central is your one stop assistance center for filing your business returns. This includes Highlights of Tax Law Changes, Tax Tips, and more.
Wiki User
∙ 13y ago
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Are freight charges taxable in Pennsylvania?
Everything is taxable in PA.
Are freight charges taxable in Tennessee?
no
Are freight charges taxable in pa?
Freight or shipping charges are taxable in the U.S. state of Pennsylvania. The shipping charge that the vendors had to pay is figured into the final price.
In Pa is the delivery charge taxable if you are delivering taxable and nontaxable items?
Here's the PA code: http://www.pacode.com/secure/data/061/chapter54/s54.1.html == (a) Effective March 4, 1971, separately stated delivery charges billed by the vendor made in conjunction with a taxable transaction are subject to tax. For example, delivery charges for transit-mixed concrete are subject to tax even if such charges are stated separately from the charge made for the concrete. Similarly, if a vendor effects delivery of a taxable item to a Pennsylvania vendee through the mails, charges by the vendor for the cost of the taxable item and the postage fee are subject to tax, even if these charges are stated separately on the invoice. (b) Delivery charges made in conjunction with nontaxable transactions are not subject to tax. Therefore, delivery charges of items purchased for resale or items excluded from the tax are not subject to tax. (c) Charges for delivery made by someone other than the vendor and billed by someone other than the vendor are not subject to tax.
Are freight charges taxable?
About half of states tax freight, unless the entire transaction is non-taxable (for example, if the item is exempt from tax based on resale, the freight would be non-taxable).
Are freight charges taxable in Pennsylvania?
Everything is taxable in PA.
Are freight charges taxable in Tennessee?
no
Are core charges taxable in NC?
YES
Are freight charges taxable in pa?
Freight or shipping charges are taxable in the U.S. state of Pennsylvania. The shipping charge that the vendors had to pay is figured into the final price.
In Pa is the delivery charge taxable if you are delivering taxable and nontaxable items?
Here's the PA code: http://www.pacode.com/secure/data/061/chapter54/s54.1.html == (a) Effective March 4, 1971, separately stated delivery charges billed by the vendor made in conjunction with a taxable transaction are subject to tax. For example, delivery charges for transit-mixed concrete are subject to tax even if such charges are stated separately from the charge made for the concrete. Similarly, if a vendor effects delivery of a taxable item to a Pennsylvania vendee through the mails, charges by the vendor for the cost of the taxable item and the postage fee are subject to tax, even if these charges are stated separately on the invoice. (b) Delivery charges made in conjunction with nontaxable transactions are not subject to tax. Therefore, delivery charges of items purchased for resale or items excluded from the tax are not subject to tax. (c) Charges for delivery made by someone other than the vendor and billed by someone other than the vendor are not subject to tax.
Are freight charges taxable?
About half of states tax freight, unless the entire transaction is non-taxable (for example, if the item is exempt from tax based on resale, the freight would be non-taxable).
Are order charges or processing fees taxable?
Presume your meaning sales tax - Those are entirely state dependent and state defined....generally if the item involved is taxable, these charges are. (Most laws try to say that simply calling something a this or that doesn't change the taxability...or the seller could just make the bill $1 for the product and all the rest for "order charges")
How do you determine if your income is taxable?
The best way to determine if your income is taxable is to ask someone who is a certified CPA. They will be able to help you with this as well as file your taxes.
Can you charge sales tax on labor in Florida?
In Florida, charges for repairs of tangible personal property needing only labor or service are not taxable.
Are rental items for weddings tax?
The supply for the rental items may require to pay some service charges depending on the type of company, but may not be taxable.
What are the funtion's of accounting?
To gather data on cash in and cash out and produce reports that inform the management of their state of business. To ascertain areas where cash is taxable / non taxable and to make,advise and ensure regulated fiances are paid in accordance with governmental requirements
Is labor taxable taxable in Florida?
Yes! All services are taxable in Florida.
