Search found 2 matches

by Gipper33
Sun Feb 10, 2019 4:50 pm
Forum: Personal Finance (Not Investing)
Topic: Proper Tax Submission for Self-Employed - Tax Year 2018
Replies: 2
Views: 208

Re: Proper Tax Submission for Self-Employed - Tax Year 2018

This is a very small, part-time business and not sophisticated. We just file the taxes using Turbo Tax and I would assume cash accounting system.
by Gipper33
Sun Feb 10, 2019 3:51 pm
Forum: Personal Finance (Not Investing)
Topic: Proper Tax Submission for Self-Employed - Tax Year 2018
Replies: 2
Views: 208

Proper Tax Submission for Self-Employed - Tax Year 2018

Hello, I plan to use TurboTax to file soon and wife and I file jointly. I have ordinary factory income and a W-2. Wife is self-employed and had one (1) small job for Company X in 2018. Her cost of supplies was $1,500 and the "mark-up" or profit was $300, totaling $1,800 invoice to Company X. The pro...