I came home from work tonight hoping to get a little farther in the course and I have been working on it for an hour but I keep going around in circles.
Issues I am having.
How to figure household income...self employed and can't predict what future income will be only past. I can use the 3 months of this year and the WHOLE year of last year but due to flooding some of my paperwork was lost and when I got duplicates from my suppliers, when I figured my taxes I used the figure for the year. So I can't accurately go back from say March of this year for a year. I would have to do all of last year and through March of this year or just this year through March.
Next BF lives here, he pays a couple of bills but does not give me any money, how do I handle this on the form?
I had alimony for the first 3 months of this year and then it ended. That was the last of my 36 months. So do I include that in the first three months of this years income? That will throw off everything by 500 dollars and I won't be getting that in the future.
In my expenses that have to come off for my business, in Jan. I sent in 1100 between the IRS and state for taxes, do I count that in my expenses that I use to arrive at my figure for my monthly income? I will be taking sales, minus expenses divided by the number of months to arrive at this number.
Also what do I do about estimated taxes, I have no
idea what to put in for that but they have to be accounted for somewhere?
Lastly... I am going to make it through this nightmare right????
Issues I am having.
How to figure household income...self employed and can't predict what future income will be only past. I can use the 3 months of this year and the WHOLE year of last year but due to flooding some of my paperwork was lost and when I got duplicates from my suppliers, when I figured my taxes I used the figure for the year. So I can't accurately go back from say March of this year for a year. I would have to do all of last year and through March of this year or just this year through March.
Next BF lives here, he pays a couple of bills but does not give me any money, how do I handle this on the form?
I had alimony for the first 3 months of this year and then it ended. That was the last of my 36 months. So do I include that in the first three months of this years income? That will throw off everything by 500 dollars and I won't be getting that in the future.
In my expenses that have to come off for my business, in Jan. I sent in 1100 between the IRS and state for taxes, do I count that in my expenses that I use to arrive at my figure for my monthly income? I will be taking sales, minus expenses divided by the number of months to arrive at this number.
Also what do I do about estimated taxes, I have no
idea what to put in for that but they have to be accounted for somewhere?
Lastly... I am going to make it through this nightmare right????
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