I Love Lucy ...
Freddie Fillmore: What is the name of the animal that fastens itself to you and drains you of your blood?
Lucy: Collector of Internal Revenue! |
What are taxes? :confused:
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(And there's gotta be some perks to this gig, so why not that?) |
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All you guys reporting on either Schedule C or C-EZ?
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There's a karaoke band around here that's named "Hookers and Blow" |
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My real answer is that TurboTax decides for me. Looking at my return from this past year, it used C-EZ. It used C in previous years. The one factor that will make this decision for most officials is that C-EZ is limited to $5000 of deductible expenses. According to my C-EZ, I had exactly that. That wasn't intentional, BTW -- I entered all my expenses separately and apparently that's where it ended up. I bought less in terms of baseball gear and uniforms than I normally do in 2010. Those who work one sport probably will have trouble exceeding $5000, so (and I am not a tax professional) C-EZ seems to be designed for people like us. |
Yes, C-EZ is most appropriate
How many of you also file for self-employment tax? As independent contractors, we're supposed to do that as well.
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That said, if you have earnings (adjusted for expenses) of less than $400, you're exempt from self-employment taxes. This is one place where those 200 mile round trips to BFE come in handy and the trips to Florida and to Europe to umpire don't hurt, either. |
I r us
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