Fema Employment

Taxes on self employment?

I am currently doing my moms taxes for her and from what I understand I need to fill out a Schedule C, Schedule SE, and a 1040 form. She recieved a 1099-MISC from both of her clients. She has a small cleaning business where she paid quarterly taxes to the state and federal, Im not sure where to place that at in the form. She has paid $250.00 to federal quarterly and $80.00 to state quarterly. Would I add them up seperatly and put the full amount she paid in the box? Also am I missing a form to be filling out?

Public Comments

1. The amounts on the 1099-Misc are listed as part of the total revenue that your Mom's business had. The quarterly payments for Federal taxes are included on Line 65 of the 1040. The state income tax payments are included on Schedule A if you Mom itemizes her non-business deductions.
2. Form 1040, Line 65 is where you report the Federal estimates paid. You do not deduct them in Sch C. The state payments would be claimed in a similar manner, on the state form. Each state has it's own forms, so I can give you a specific line.
3. You don't say what state you are in, so this answer is for federal only. You have the right forms. Put the total she paid in for quarterly FEDERAL payments on line 65 of the 1040.