Hi, I am in the process of preparing my income tax return, and I was hoping someone could advise me on the following:
1) A friend of mine warned me that being paid by cash or check may be illegal, since it hints at activity that is being done under the table. Now this of course has alarmed me, and I do want to pay my taxes. Is he correct?
2) I babysat for a couple of families on a part-time basis. I considered myself a contractor, so I am using Schedule C. But I did not receive a 1099 from the families. I can still file Schedule C without being penalized for not having a 1099, right?
3) I was unfortunately bad with accounting. I don't have an exact idea of how much I made, but I do have a pretty good idea of how much I earned, since I can estimate the hours per week I worked. Any advice on this matter.
Thank you so much.
2007-02-19
11:26:11
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3 answers
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asked by
Anonymous
in
United States