I am self employed only half time, also have employer that already takes taxes out. Which tax form do I use?

Question

Maybe someone knows how to report these two different types of income. Some of it has already been taxed, some of it I still need to pay taxes on, but have business expenses that need to show as deductions.

Answer 1

Ignore dmvariety. If you are self employed you are REQUIRED to file a 'long' 1040 and a Schedule C. You will also need t file Schedule SE for self employment tax. You can have your employer withhold at a higher rate to cover taxes on your self employment income and avoid quarterly payments. As long as you only claim what you are entitled to and have documentation, an audit is nothing to worry about.

Answer 2

You'll use a schedule C or C-EZ to report your 1099 income and associated expenses, a schedule SE to calculate self-employment tax on your net business income. The numbers from the bottom of each of these schedules will transfer to a form 1040. Your W-2 information will also go on the 1040, and your total tax will be figured there also.

Answer 3

1040, including the Schedule C.

Answer 4

Depends if you are marry MFJ,MFS, Single, Head of Household and how much money did you make.
1040A try to avoid Sch. C. causes Audit.