Income Tax Question

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Your form would be a W type form, not a 1099. Those are for money

withdrawn from things like pensions, retirement funds, etc.

As an independant contractor, you were the one responsible for

reporting your earnings and filling out the correct forms. If you

worked FOR an independant contractor, then you were an employee, and

would receive forms for it. But as an independant contractor, you

are hired to do a job (such as if you hired the boy down the block

to mow your lawn- he is doing a job for you, but not working for

you).

As for child support, it isn’t taxable that I know of, but it’s

still supposed to be reported when you file your taxes.

You would receive a credit for going to school, too, so it might be

in your best interest to file your taxes, as you will likely get

something back.

— In Budget101_@yahoogroups.com, “pseuzanne” wrote:

>

> I went back to school full-time last year, and didn’t work after I

> started school. However, in the spring I did a temporary job for a

> little while, as an independent contractor. I understand that you

have

> to earn $600 or more with any particular company for them to

report

> your income to the the IRS and send you a 1099 form.

>

> I really don’t remember how much I earned from them…it wasn’t

much.

> And I haven’t received the form, which I would have by now. My

only

> other income is child support, which is not taxable. My question

is, do

> I not need to file a tax return this year? When applying for

financial

> help, sometimes they want a copy of your tax return to prove your

> income (or lack thereof). What will I do if I don’t have one from

2007?

>

> Any tax professionals out there who can answer my questions? I’m

afraid

> my accountant will charge me for the phone call if I call him to

ask!

>

> Thanks,

> Suzanne

>

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