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Author: tilan398 Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121477  
Subject: Self-employment tax Date: 2/13/2002 2:28 PM
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Hi, I was wondering if I could get some help on this one. I've perused some old postings and need some more in-depth advice. Apologies if this is high-maintenance, but I'd like to try to do my taxes myself.

I work full-time as a technical writer, but worked part-time as an editor for some of 2001 and was considered an independent contractor. I haven't received my 1099-MISC from that company yet - despite requesting it from them twice after 1/31. I'd like to do my taxes ASAP or at least estimate what I'll receive or have to pay come April.

I am expecting on being taxed at 15.3% for the self-employment income (which was about $3,000). Am I correct about this rate?

Do I file a sched. C or C-EZ for the self-employment tax?

Can I deduct part of the self-employment tax somewhere (sched A?)as self-employment tax or a business expense to off-set the tax? And can I deduct undocumented expenses as well - work at home, travel, supplies, etc?

What happens if I don't recieve the 1099-MISC from the employer?

And, if you'd be so kind, my girlfriend is in the same boat, but then she went back to school full-time after the company laid her off - can she somehow get out of paying all the self-employment tax since she is a full-time student on a HOPE scholarship?

Thanks so much in advance,

Tim
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