I just filed 2007 taxes for gross income of $52,341.
Posted By: FT MT (national) on 2008-04-15
In Reply to: Average yearly pay? - TTer2
NM
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- Average yearly pay? - TTer2
- I just filed 2007 taxes for gross income of $52,341. - FT MT (national)
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I keep mine filed per year with my taxes.
In the event of an audit, I believe they can go back 7 years.
Take out 25% of your gross income every week. sm
As an IC, your tax base is usually 25-30% of your gross income. That should cover all taxes, including state, Federal, and FICA.
Been an IC for 20 years now.
Don't forget that's gross pay. Subtract taxes, SS,
and any bennies you're paying into, and the $80 quickly gets whittled down to more like $55-60. Then factor in the fact that since you're not paid by the hour, your accounts suck, and sometimes there's no work, you probably worked (or were available, waiting),more than 8 hours that day, and .08 cpl is well below minimum wage.
They must deduct FEDERAL taxes.. NOT STATE taxes.. if they took out state taxes.. it would be FLORID
which would only have to be refunded to you for you to pay YOUR state what you owe them which is nothing but a pain... be glad they weren't handling your state tax.. and I think in this case.. if someone at the IRS told you they have to deduct YOUR states taxes.. it is that person who is uneducated... they only have to deduce federal income tax
7-8 gross is great. That is equivalent to 10-12 65 character lines, as a gross
line is about 35% lower than a 65 character line. Will you share who is paying this>
Complaint filed
I think we all should go online and fill out the complaint form and mail it in along with a copy of all the complaints on this site. I would love to see that disrespectful SOB do some jail time.
I just filed complaints to the IRS..........SM
and sent copies of some of these job ads asking for ICs and listing a shift. I am fed up and sick and tired of this.
filed for partial unemployment
I don't know completely your situation, but a few years ago, I filed for partial unemployment while employed at a service b/c the workload was extremely sparse and did receive it. When I filed, I also went looking for a new job and found one within a month.
My suggestion like others is to start looking now for a new job, but if the workload is low, you could possibly get partial unemployment now until a new job is found. Every state is different, so you would have to check with the unemployment office in your state regarding benefits, insurance, etc. Good luck in your search!
I "thought" that if you filed in your jurisdiction
naming her jurisdiction as the jurisdiction that handled it that courts would send it to that jurisdiction and have them handle it. It seems I did that once, but I could be wrong. I sure would not want to tell her wrong.
Anyhow, it is still possible to do that and not have to leave the house other than to get that paperwork to the proper court. Do not let her get away with it.
hope you have filed for temporary
alimony and support, even TX has temporary alimony. good luck.
Update - saw my attorney and filed for
Two people at the unemployment office told me I have every right to claim unemployment. My attorney looked over my contract and apparently the owner didn't cover all her avenues and he found a loophole and told me to file. BTW - one of the ladies at the unemployment office told me they are seeing more and more MTs filing.
Anyone filed a complaint after not receiving a paycheck? sm
Stopped working at Breitner 3 months ago. I never received my last paycheck, and the one before that was short by $100. They owe me about $1,000 total. I am not counting the 30% trimmed off my line counts for 8 straight weeks in Extext to cover headers and footers when it really only equals 5 to 8 lines. Has anyone ever filed with the labor board on them? Just asking because I have read posts on here that they threaten & just want to see what I am in for if I do file.
once filed, both parties must appear at small claims
court. If party that didn't pay doesn't show, then a judgment will be made against them. If the person filing the complaint in small claims doesn't show, it will be thrown out.
I got mine almost a week ago and already filed. You might want to call them.
x
Has anyone filed bankruptcy, had a credit report
I give up :(. I'm going to file bankruptcy but I'm concerned I won't be employable after that with another MTSO (or any other company; they almost all require credit reports these days).
This is not frivolous litigation-Filed by FLSA nm
nm
P.S. - If your company has filed form SS-8 ask for a copy.
If they won't give it to you, see if you can get it from the IRS; I believe you can.
And, of course you can still file your own SS-8 even if the company has filed it. I'm not saying an MTSO would LIE on the form they file, but anyone can make a MISTAKE...
A gross line is not based on characters. A gross line is
anything on the line constitutes a line, so if you only have 1 word on a line it is still counted as a line. A gross line at 8 cpl roughly translates to 10 cpl/65 character.
If one is making 7 cpl in 2007, and they were (sm)
also making 7 cpl in 1977, how does that add up to more money? Only if one works oneself into an early grave.
Here it is 2007, and I WISH I could make $35,000! (sm)
This year I'm gonna be lucky to hit $18,000. :(
Have 2007 BMW, before that 2002 BMW, now
that is is almost 2008, well will just have to see what my better half wants to do. He buys me these, surprises me. I do not know what it cost, what he pays each month, don’t care- He says he wants me to have really good drive and he sees that I do.
Yep, I worked for them in 2007
I used to live in VA Beach and they were the only at-home company that would give me a chance since I had only worked in house and only had 1 year's experience. I did QA of transcription from Indian MTs and the pay was low for quite a bit of editing, but at least I got my foot in the door. As soon as I had enough experience, I went elsewhere for more pay. The owner is a really great guy that is very understanding if any personal things come up and he always paid on time. Their IT people were really great too.
Word 2007 help
Can someone out there with more knowledge please help?
I have Word 2007 and my doucments changed from doc.file to docx.files and I have no idea why. I have had word since 2007 so this is not new to me.
I am also unable to email a document from the Word 2007 home page. I have run a Word diagnostic and cannot seem to find any problems.
Any suggestions welcome.
Thanks!
Word 2007 help
I had the same problem when I switched from Word 2003 to 2007 and had problems with my invoicing due to the docx files. I contacted the person who created MP Count what I use for my invoices, and he said to to open up word and click on the icon in the top left hand corner and scroll down to save as, that will open up other options one being save as Word 97-2003 and from then on everything you save a document it will be saved under doc.file and not docx.file. Hope this helps. FYI I still do not like 2007!!!
I worked there from 2007-08 sm
They people were great. The platform really just utilizes word and copy and pasting demographics (which you get paid for) and then you upload back to the company. The pay is on the low side, but my accounts were pretty easy clinic work, so it evened out.
Anything new on Probity? Last info was from 2007 (nm) TIA
zzz
Has Spheris improved any since 2007? I saw an add SM
and was thinking about applying. I worked for them before all the changes happened.
Thanks.
You should take the post of 3/7/2007 off about similar posting
just a suggestion. Again, nothing bad was said by poster, but it does have the phrase over and over again.
I apologize for not knowing that you are not interested in what happens on other boards.
Line count in MS Word 2007
Does anybody know how to get their line count when typing a regular office note in Microsoft Word 2007? This software is so new to me. Any help would greatly be appreciated.
Applied at Transcend but they do not allow Word 2007
and Microsoft quit selling Word 2003 in June of this year, which means they will quit supporting it soon, too. I hate to pay $187.00 for an outdated piece of software for working. I have a new computer and specifically requested Windows XP but did not think about Office 2007 not being usable.
Been there since 10/2007. There are still slow issues. I do not think they are that flexible..sm
I've been MT for > 10 years. They are better than the evil Q, for whom I worked for 8 years, but I am sure there are better companies out there. The acct specs are no problem, but the platform definitely still is. I have cable Comcast, so slowness issues are not on my end. IT works with it, but not well; there are issues. They will not give me time off--less than a week--to accompany my sister when she picks up the baby she is adopting because I have been there less than a year...Email me if you have specific questions. I would say think carefully before accepting their offer. Make sure you tell the recruiter if you think you will need ANY time off in the next year or you may not get it. I did not think to mention last October that I would need time off this May. Mistake.
I did. On page 3 post from 2007 says no current
x
They were bought by Nuance in the spring of 2007.
And apparently they feel that stating that fact makes them sound more respectable, I guess. Nuance also owns Dictaphone and Escription.
No outside income
I do support myself and my child on my MT pay only. I work for a wonderful company, which I will not name because a lot of people on here always have bad comments to make about them, paid by the gross line and can do about 2600 lines in 6 hours. It is just a matter of finding the right company and, for me, having the right attitude. I know comments are going to be made that no one can produce that many lines in 6 hours but remember, they are gross so you have to take away 25-30% of the total line for cpl.
income
I have not made that little of money since the first year I got started doing MT. You consider that good money??? If I made anything close to under $30 an hour I would consider it a very bad production day... I am not trying to brag either. I am just amazed that in this day and age and for what we have to deal with day in and day out, that $24 is good money.
My income is way, way down
due to lack of work, and I see so many people in management resigning and I am worried.
MT IS THE ONLY JOB WHERE INCOME...SM
decreases on a yearly basis, as opposed to other industries where your salary is supposed to increase with each year of experience.
Post here in Jan. 2007 said they have mandatory overtime. Is this true?
s
Medware..There hasn't been anything on this board since August 2007...(sm)
Does anyone who works for Medware care to share their opinion about the company in regards to steady work, flexible schedules, platform, benefits, etc.? You can e-mail me if you wish. TIA.
They offered me 9.5 cents a line in August of 2007
I don't think that is very low.
Is Dictaphone EXText compatible with Word 2007?
LOL, they still aren't compatible with Vista or Word 2007...
x
income the first year
So true. I have been saying that for the last two years! All we heard about in class is how much money we could make and how many jobs there were. They forgot to mention that those figures pertained to experienced transcriptionists. I just completed my first year working for a local practice and will probably make about $10,000 after countless hours in front of the computer. The truth is you go to school for a year or two, and when you get out, you will continue to be schooling for quite some time. It's several years of investment to actually start earning a real income. I am just ready now to feel confident about taking on additional work, and my goal is to double what I did this year by this time next year. More would be great, BUT I have learned to be realistic. I wish the schools would be honest about the investment involved. I like what I am doing, and I feel like I am at a crossroads where I am choosing to continue to go forward, but it's been hard to hang on financially to get to this point. I have other work that I do that I actually thought I would have been in a position to give up quickly after school. Students should be given a realistic picture of the time and investment involved, so they can make an educated decision about going forward with the course. But, I doubt that will happen. I think enrollment would drop substantially.
Umm, sales tax is different from income tax
sales tax is a tax added onto goods sold. Income tax, Social Security, Self-Employment tax is different from sales tax.
Six figure income??? sm
Billers and Coders post says six figure income......yea, right!!! Same post several times.......looks suspicious to me. Maybe if you owned the company, you could get six figures....
60K middle income?
Heck, I work for a small community hosp as employee making $35K, which is middle income in rural WI.
Isn't there an income limit that you
can make and after that you have to pay in?
My gram worked after she started drawing, and I'm pretty sure there are income limits on this kind of thing.
Use the Google box search for MTStars at page top. A few posts from 4/2007 come up.
.
They started looking in 2007. No promises. Now it is a reality and yes, they are paying half. sm
They always come through. Why do you tell lies on here? They are the best out there and those of us that are there and have been a while know that.
did you mean to say state income tax instead of sales tax?
taxes for the people who live in those states. I believe all other states require income tax to be withheld for the state it is earned in IF the employer meets the qualifications of the employee's state of residence.
Another good reason to ask a tax specialist.
Never mind. I see that they don't as Florida has no income tax. nm
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