Freemason Hirams Travels Masonic Forums  

Go Back   Freemason Hirams Travels Masonic Forums > Business & Finance > Taxes

Taxes Taxes

Reply
 
LinkBack Thread Tools Display Modes
  #1 (permalink)  
Old 03-15-2008, 08:39 PM
Member
 
Join Date: Mar 2008
Posts: 6
Rep Power: 0
Larry H has a spectacular aura about
which tax forms do i need for the IRS?

i had a job in the first part of the year, so i need to file my regular income taxes for that. towards the end of 2007, i started a small business. the business didn't bring in any money in 2007 but there were lots of expenses to declare.

my business is an LLC of which i am the only member / employee......

do i file the seperately for my job and my business?

i live in central indiana. thanks for your help!!!!!
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #2 (permalink)  
Old 03-15-2008, 08:40 PM
v b v b is offline
Member
 
Join Date: Feb 2008
Posts: 88
Rep Power: 1
v b has a spectacular aura about
Unless you elected to be an S-corp (or incorporated), then you file the income from the LLC on a schedule C and attach to your 1040 return. If your net income is $400 or more, you also do a schedule SE.

Warning, if you weren't open for business (and thus no income in 2007), you can't deduct anything. All startup expenses must wait until you are open for business.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Reply

Bookmarks

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On
Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
NJ Tax forms? karthik Taxes 0 03-23-2008 03:58 PM
Help with poetry forms? katim_na Poetry 2 03-17-2008 01:50 PM
divorce forms? manfromearth Marriage & Divorce 0 03-15-2008 10:56 PM
What tax forms do I file? duder Taxes 0 03-02-2008 02:58 AM
Tax Forms? slpcc63 Taxes 0 03-01-2008 06:46 PM


All times are GMT -5. The time now is 03:08 PM.


Powered by vBulletin® Version 3.7.2
Copyright ©2000 - 2008, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.2.0

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154