1099 Form

[Big Pimpin]

Anyone know or know where I can get a calculation to figure out my approximate payment on one of these.

I'd like to know beforehand to estimate what I'm getting back this year

[ZoomVT]

well.. unless it is a huge amount, calculate your taxabale income (roughly), and look at the tax table. apply that tax rate to the amount in the 1099. Thats how i would do it for a rough estimate.

[Big Pimpin]

Originally Posted by ZoomVT

well.. unless it is a huge amount, calculate your taxabale income (roughly), and look at the tax table. apply that tax rate to the amount in the 1099. Thats how i would do it for a rough estimate.

OK..I have no clue what you just said..LOL



It's $3900

[Shark23]

Can download in .pdf format from:

http://www.irs.gov/formspubs/lists/0,,id=97817,00.html

[Big Pimpin]

Originally Posted by Shark23

Can download in .pdf format from:

http://www.irs.gov/formspubs/lists/0,,id=97817,00.html

thats just the form...don't think that works

[Shark23]

Originally Posted by Big Pimpin

thats just the form...don't think that works

Thought they came with some canned calculation instructions, no?

[ZoomVT]

lol. ok...
you obviously dont do your own taxes...
so, how were you planning on fidning out how much you were going to get back? you basically have to roughly fill out the 1040 form to get an idea...

[Big Pimpin]

Originally Posted by Shark23

Thought they came with some canned calculation instructions, no?

There is a ton of 1099 on there...no clue what I'm looking at...


me a tax dummy

[Big Pimpin]

Originally Posted by ZoomVT

lol. ok...
you obviously dont do your own taxes...
so, how were you planning on fidning out how much you were going to get back? you basically have to roughly fill out the 1040 form to get an idea...

No...I know basically what I get back cause every year is roughly the same.

I'm wondering what the taxes on the 3900 are gonna be that I have a 1099 for?

[RanPicks]

in simple terms, just caculate your normal tax rate and add a few % points and deduct as well. So, if it's 35% for you, plan on 40%

[Big Pimpin]

Originally Posted by RanPicks

in simple terms, just caculate your normal tax rate and add a few % points and deduct as well. So, if it's 35% for you, plan on 40%

ok..that can do


thanks

[Shark23]

Donuts are a tax writeoff for security guards this year, I think........

[Big Pimpin]

Originally Posted by Shark23

Donuts are a tax writeoff for security guards this year, I think........

Nope..that ended last year

[Shark23]

Originally Posted by Big Pimpin

Nope..that ended last year

Sorry for the donut shot, I was trying to be a grown-up in this thread, but just couldn't do it. I'm so weak.......

[Big Pimpin]

Originally Posted by Shark23

Sorry for the donut shot, I was trying to be a grown-up in this thread, but just couldn't do it. I'm so weak.......

don't eat them so don't care but

GFYM anyways