what forms do i need for filing federal income tax.
2006-10-28 03:18:23 · 3 answers · asked by Wart 2 in Business & Finance ➔ Small Business
Form 1040 with wages on line 7 and schedule C and schedule SE for your sole proprietorship.
2006-10-28 03:26:23 · answer #1 · answered by waggy_33 6 · 0⤊ 0⤋
Depending on whether you plan to itemize your deductions, either 1040 or 1040-A with appropriate schedules. Consider hiring an accountant; they not only will select the right forms for you, but will also suggest which business expenses are tax-deductible and which are not.
2006-10-28 10:54:59 · answer #2 · answered by NC 7 · 0⤊ 0⤋
Contact a Good CPA (Certified Public Accountant). He can save you more than his fees by avoiding penalties and interest for failing to file correctly and not knowing what deductions are available. Do Not Try To Go It Alone. Thirty seven years of experience. I received a BS Degree in Accounting/Econ. in 1969.
David
dgooch497@hotmail.com
2006-10-28 10:41:19 · answer #3 · answered by deacon 6 · 0⤊ 0⤋