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Question

HOW DO I FILE FOR MY PERSONAL TAXES & ALSO OPERATING A BUSINESS UNDER DBA UNDER MY SOSIAL SECURITY NO.

Submitted: 2030 days and 16 hours ago.

Category: Tax

Value: $5

Status: AWAITING CUSTOMER ACTION

Posted by Jon Andrews 2030 days and 16 hours ago.

Answer

Use Schedule C to report the income and expenses related to the business. The net amount from Schedule C will then go onto your personal 1040 as income or loss.

XXX@XXXXXXX.XXX

2030 days and 16 hours ago.

Reply

Thank you very much.Will I also be able to deduct expenses for my business using the same form?

Accepted Answer

Yes - it all goes together.

Accepts:
Expert:	Jon Andrews
Pos. Feedback:	99.7 %
Answered:	5/2/2004

Certified Public Accountant (CPA)

I deal with all levels of tax planning and controversy - from the ordinary to the complex.

2030 days and 16 hours ago.

Reply

can I ask for pymt. schedule? It is saying I owe almost five thousand

2030 days and 16 hours ago.

Reply

Can I ask for pymt. schedule

Posted by Paul Taliefero 2030 days and 11 hours ago.

Answer

Yes. The IRS often sends the form with your bill. It is called Form 9453. It is a request for an installment agreement. The minimum is $25.00 a month. There is a $43.00 fee to start, which will be added to your first payment.

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Tax

Have your own Tax question?

Question

HOW DO I FILE FOR MY PERSONAL TAXES & ALSO OPERATING A BUSINESS UNDER DBA UNDER MY SOSIAL SECURITY NO.

Answer

Use Schedule C to report the income and expenses related to the business. The net amount from Schedule C will then go onto your personal 1040 as income or loss. XXX@XXXXXXX.XXX

Reply

Thank you very much.Will I also be able to deduct expenses for my business using the same form?

Accepted Answer

Yes - it all goes together.

Reply

can I ask for pymt. schedule? It is saying I owe almost five thousand

Reply

Can I ask for pymt. schedule

Answer

Yes. The IRS often sends the form with your bill. It is called Form 9453. It is a request for an installment agreement. The minimum is $25.00 a month. There is a $43.00 fee to start, which will be added to your first payment.

Related Tax Questions

Use Schedule C to report the income and expenses related to the business. The net amount from Schedule C will then go onto your personal 1040 as income or loss.

XXX@XXXXXXX.XXX