HELP!! Taxes!

[Peyton]

Hey all -- I'm new to this site, so bear with me if this doesn't work correctly!!!!  I have to file taxes as an Independent Contractor for the first time this year and I'm kinda at a loss as to what I need to do.First ... What forms do I need?  A 1020 and Schedule C??Second ... how does the whole quarterly/yearly tax thing work?  How are you supposed to extimate your quarterly taxes if you're new to this?  Do I just pay them anually?Third ... can I still file jointly with my husband.  We've always used the EZ form -- can I still do this?Any help you could give would be MUCH appreciated!  I've tried the IRS website and I think that just confused me further!  Thank you SO much!

 

[Kratos]

Hey Pete -- Thanks for the help!!  I'm starting to realize that it would be easier just to spend the money and hire an accountant!!!  I thought it would be better for me to do it myself, just to ensure that nothing 'sneaky' happens with the accountant, but this is SUCH a headache!!!  Thanks again!

 

[Masseur_at_Play]

My suggestion is find a tax preparer/accountant who has massage therapists as clients.  It's been my experience that I've had to educate the accountant and talk him into tax deductions, like being able to deduct massage exchanges as continuing education.  

 

[KLynn]

yes you do have to pay estimated taxes quarterly and if you miss the deadline...which was yesterday jan 18th you receive a fine....(if you owe more than $1,000 in taxes).  don't fool around with the irs....see a good accountant.

 

[Sacha Redux]

HELP!!  Taxes!

aralia,

LOL! That's a joke, right?

It sounded to me, like AnneGS was not making a joke.Maybe you could direct this person to some of your prior posts on taxes, since you usually seem to be knowledgeable in this subject.  You could even provide the links on this thread!I am sure you recall where your posts would be, right?