said that they do their taxes annually....I saved all my reciepts and mortgage bills and utility bills...for a write off...i only had 3 kids in care for the whole year. 110.00 a week for each one.... when i could have 6 and my question is do you usaully get money back when you file taxes or will it equal out with all me bills, or will i owe them money for not paying quarterly???????????????
2007-01-05 06:44:17 · 3 answers · asked by aepmommy 1 in Business & Finance ➔ Taxes ➔ Other - Taxes
If you haven't paid anything in then more then likely you will owe.
2007-01-05 06:51:55 · answer #1 · answered by JS 7 · 1⤊ 0⤋
Best thing to do is have a tax person take care of this, I believe you are require to pay quarterly tax when running your own business.
2007-01-05 14:53:32 · answer #2 · answered by Granny 1 7 · 0⤊ 0⤋
The government likes self employed people to pay their taxes quarterly. They probably won't fine you the first year. The second year they will. That is, if you made enough to pay taxes.
2007-01-05 15:13:23 · answer #3 · answered by rbarc 4 · 1⤊ 1⤋