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You are a bartender that gets paid in cash. Can you file taxes?
Wiki User
∙ 13y ago
Yes you are required to file a tax return as a self employed taxpayer when you are being treated as a independent contractor (not a employee with an employer).
You will need to report that income, and any related expenses, on Form 1040, Schedule C, Profit or Loss from the Business operation, or you may qualify to use Form 1040, Schedule C-EZ, TO determine your Net Profit from the Business operation. You will also need to use the Form 1040, Schedule SE, Self Employment Tax form to compute and report your 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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What if your son is 17 years old and had earned 5000 during 2009 Does he have to file a tax return?
He is not required to file a return at that income level but if any taxes were withheld, he should file so that the gets a refund of the taxes he paid in for federal and state withholding.
What are taxes?
Taxes are money that gets paid to the government.
What happens if you don't file taxes by the deadline?
If you don't file your taxes and are due a refund, the U.S. Treasury simply keeps your "donation." However, if you owe additional tax, file your return right away. The penalties for not filing are much higher than the penalties for not paying, and the longer you wait, the worse it gets. Please see the related link for information on the penalties for not meeting the deadline.
How many days does it take to get tax return if there was an error?
only way there can be ab error is if your employer says you made more or even worse you made less. here is an example:you work all year and make 30K and file taxes yourself and prepare an estimated return it gets sent to your employer and the employer rejects your tax return not the IRS.the best part is if you are self employed as long as you pay taxes you can file taxes moreover, if you do not pay a sales tax at the cash register you are not qualified for a tax return and it will kick back in error.in closing if you have error then i suggest you use a pre audit tool such as quicken or turbo tax so that you will know if you are guaranteed and is passes the error check.
If you are not working and your child gets disability do you have to file taxes?
You should always file your return, even (or especially) if you have no tax payment obligation or even requirement to file. Simply, many benefits once receives, Earned income Credit, the recent Tax Stimulus Payment to name a few, require a retuen to have been filed. Do it. Appealing to your common sense: Especially if you owed them no $, do you think the IRS allow you to NOT file a return if it wasn't actually good for them!
What if your son is 17 years old and had earned 5000 during 2009 Does he have to file a tax return?
He is not required to file a return at that income level but if any taxes were withheld, he should file so that the gets a refund of the taxes he paid in for federal and state withholding.
What are taxes?
Taxes are money that gets paid to the government.
What happens if you don't file taxes by the deadline?
If you don't file your taxes and are due a refund, the U.S. Treasury simply keeps your "donation." However, if you owe additional tax, file your return right away. The penalties for not filing are much higher than the penalties for not paying, and the longer you wait, the worse it gets. Please see the related link for information on the penalties for not meeting the deadline.
What are the release dates for Gertie Gets the Cash - 1914?
Gertie Gets the Cash - 1914 was released on: USA: 10 April 1914
What is ramifications for serving bartender if person gets in accident and gets DUI?
The liquor control board will likely get a copy of the police report and they will investigate whether the bartender over-served the driver. If it is determined that they did, the bartender could lose their license to serve, or be criminally charged, depending on the specific details of the case.
Is merchandise inventory more liquid than cash?
Cash is as liquid as it gets.
If you file taxes jointly and are not married are you the considered married?
You cannot file taxes jointly without being married.Doing so is illegal.You cannot be "considered married", you must be married.The IRS does not marry people...that is an entirely different process.Obviously, claiming to be married to the IRS, especially in this day of computers and linked ID#s, etc., is the type of thing that gets found if not true.
What are ways that the government gets money?
Taxes.
How government gets money for its spending?
Taxes.
Can you file an final estate tax return without paying the tax?
yes, the return gets filed, then CCRA issues a notice of assessment. The taxes remain outstanding and attract interest and possibly penalties.
How do you assess child support when mother is paid cash?
Whether she is paid cash or not there should be papers on how much she earns a month. She still have to pay taxes so her income should be no secret. And when she gets the money I would think she would have to sign a receipt. When in court she would have to show these papers. The child support is usually based on the income so cash or not there should be no difference.
Where does the federal government gets most of its revenue from?
Taxes
