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Offline heffay

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tax guru help needed
« on: April 13, 2007, 05:18:52 PM »
self employed got that figured out i think but, what form do i need if i received a 1098T  (tuition statement)
thanks anyone
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Offline Gordon

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Re: tax guru help needed
« Reply #1 on: April 13, 2007, 05:20:33 PM »
Dude!  Did you really wait until today to do your taxes? :o
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Offline heffay

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Re: tax guru help needed
« Reply #2 on: April 13, 2007, 05:22:02 PM »
oh... and if i received a 1099-misc... miscellaneous income... that would go in the gross receipts column correct?
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Today: '73 cb350f, '96 Ducati 900 Supersport
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Offline heffay

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Re: tax guru help needed
« Reply #3 on: April 13, 2007, 05:23:50 PM »
i'm lucky i'm even doing it now.
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Today: '73 cb350f, '96 Ducati 900 Supersport
Past Rides: '72 tc125, '94 cbr600f2, '76 rd400, '89 ex500, '93 KTM-125exc, '92 zx7r, '93 Banshee, '83 ATC250R, 77/75 cb400f

Offline heffay

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Re: tax guru help needed
« Reply #4 on: April 13, 2007, 05:24:37 PM »
i just realized that misc income is from new mexico... so, i have to file a NM state, CO state and federal?  gawd this sucks
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Today: '73 cb350f, '96 Ducati 900 Supersport
Past Rides: '72 tc125, '94 cbr600f2, '76 rd400, '89 ex500, '93 KTM-125exc, '92 zx7r, '93 Banshee, '83 ATC250R, 77/75 cb400f

Offline jtb

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Re: tax guru help needed
« Reply #5 on: April 14, 2007, 08:28:00 PM »
File extensions, and get help. :D

Or,,,, get help and file extensions.
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Offline heffay

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Re: tax guru help needed
« Reply #6 on: April 11, 2009, 08:55:32 AM »
Quote from: Gordon on April 13, 2007, 05:20:33 PM
Dude!  Did you really wait until today to do your taxes? :o

yes.   ;D

anyway... i have two 1098Es... if, on other loans, i payed less than the 600 in interest required to receive a 1098E is that interest paid still eligible?
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Today: '73 cb350f, '96 Ducati 900 Supersport
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Offline Gordon

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Re: tax guru help needed
« Reply #7 on: April 11, 2009, 09:51:57 AM »
Quote from: heffay on April 11, 2009, 08:55:32 AM
Quote from: Gordon on April 13, 2007, 05:20:33 PM
Dude!  Did you really wait until today to do your taxes? :o

yes.   ;D

anyway... i have two 1098Es... if, on other loans, i payed less than the 600 in interest required to receive a 1098E is that interest paid still eligible?

I see you're getting an early start this year. :D
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Offline heffay

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Re: tax guru help needed
« Reply #8 on: April 11, 2009, 10:16:56 AM »
u r not a guru  :P ;D
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Today: '73 cb350f, '96 Ducati 900 Supersport
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fuzzybutt

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Re: tax guru help needed
« Reply #9 on: April 11, 2009, 11:13:36 AM »
if the 1099 is non-employee compensation, it goes on scedule c. with the 1098e's that just goes on a 8917 . tuition credits you need form 8917, and yed you DO have to file in new mexico as well. the wife does taxes, has for 30 years or so now. any other questions i'm going to PM you my telephone # and she'll be glad to help.
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Offline heffay

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Re: tax guru help needed
« Reply #10 on: April 11, 2009, 11:22:04 AM »
hey fuzz... disregard anything previous to the my last question... check the dates.   ;D ;D
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Today: '73 cb350f, '96 Ducati 900 Supersport
Past Rides: '72 tc125, '94 cbr600f2, '76 rd400, '89 ex500, '93 KTM-125exc, '92 zx7r, '93 Banshee, '83 ATC250R, 77/75 cb400f

fuzzybutt

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Re: tax guru help needed
« Reply #11 on: April 11, 2009, 11:23:45 AM »
whoops, i really DO need to pay better attention dont i?   :D
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Offline heffay

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Re: tax guru help needed
« Reply #12 on: April 11, 2009, 11:30:56 AM »
basically... what i want to know is if i should hunt down a 1098E that may or may not exist (i didn't receive one from 2 other lenders) due to not meeting the 600 dollar minimum of interest paid.

make sense?

thank your guru wife for me.   ;)
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Today: '73 cb350f, '96 Ducati 900 Supersport
Past Rides: '72 tc125, '94 cbr600f2, '76 rd400, '89 ex500, '93 KTM-125exc, '92 zx7r, '93 Banshee, '83 ATC250R, 77/75 cb400f

fuzzybutt

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Re: tax guru help needed
« Reply #13 on: April 11, 2009, 11:36:51 AM »
thats the loan interest you've paid, if you know how much youve paid then no, you dont need the form, but knowing that amount could really help you she says.  youre welcome by the way lol
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Offline heffay

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Re: tax guru help needed
« Reply #14 on: April 11, 2009, 11:51:11 AM »
i have no idea... only have an idea on the interest i've paid on the ones i received 1098Es for. 

i doubt its much anyway.
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Today: '73 cb350f, '96 Ducati 900 Supersport
Past Rides: '72 tc125, '94 cbr600f2, '76 rd400, '89 ex500, '93 KTM-125exc, '92 zx7r, '93 Banshee, '83 ATC250R, 77/75 cb400f
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