What do you mean? They pay/deduct all but state taxes?
Posted By: New MQMT on 2005-07-26
In Reply to: Wait until you get nailed on a 1099 form and uncle Sam - NM
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Can an at home employee deduct a computer on taxes?
No, SE means you pay part of your FICA and SS and state tax. They do not deduct it all.
x
Thwap the husband on the head, buy the keyboard, save the receipt, deduct it from your taxes.
I wouldn't even ask my husband for something like that, any more than he asks me if he can fill up his car with gas so he can get to work! Sheesh! What a prince of a guy you've got there.... You get your keyboard, girl!
I deduct all expenses that relate to my home office-% of utilities, taxes, repairs to that room, --s
mortgage (we do not plan to sell our house so this deduction will not affect us)as my office is used only for that purpose, internet, phone, I print out a daily schedule so paper/ink, computer repairs, pens, pencils, tape, staples, file cabinets, storge bins for tax recepts/tax returns,file folders. Anything/everything I use to do my job.
I was using mileage for another account where I pick up tapes every day, but found for me the time it took to keep track of the mileage, write it down, add it up was not worth the effort so I quit doing it this year.
Taxes, SS, fed and state, how do I sm
figure out how much to set back from my pay in order to pay the required taxes? Any websites out there to help me figure this out? TIA
Yeah, really. Why should we pay state taxes
in the company's state as well as our residence state? That's double taxation. Although, the way I read it was that it was for people who go into the office part of the time. True telecommuters. Most of us don't.
not really, state taxes are not the problem here-sm
it's the property taxes that are out of control
I did not pay state taxes last year...sm
and wanting to get them paid now ASAP so it will not delay my tax return now. Does anyone know how the quickest way I can do this and get credit so as to not mess up the timing of my tax return. It was only like $130.00 but we have had such financial hardship this past year that that was hard to come up with at times. I was wanting to do Turbo Tax like I have for the past few years. Any ideas? Thanks!
The only tax I have to save as an SE is state tax. Other taxes are withheld by company
xx
Telecommuters being asked to pay taxes for home state of
By TOM HERMAN and RACHEL EMMA SILVERMAN
Staff Reporters of THE WALL STREET JOURNAL
November 1, 2005
A move by the Supreme Court means that many telecommuters could ultimately face higher income-tax bills.
The nation's highest court yesterday declined to hear an appeal by a Tennessee man who telecommuted to New York and was charged by that state for taxes on all his income. Because the Supreme Court won't review his appeal, New York's decision stands.
Many telecommuters could face higher state income-tax bills if other states are emboldened by New York's success and enact similar rules that tax out-of-state telecommuters. Some members of Congress already have introduced legislation to protect telecommuters from such taxes.
Some 9.9 million people work at home full- or part-time for employers other than themselves, according to the Telework Advisory Group at WorldatWork, an association for human-resources professionals. As telecommuting has become increasingly popular in recent years -- and as higher gas prices make commuting even more expensive -- millions of people are working in one state for employers in other states. Tax issues may arise over which state or states can tax a worker's income.
New York, a high-tax state that's home to many large corporations, has pursued out-of-state telecommuters aggressively. "By its silence, the Supreme Court permits other states to do the same," says Nicole Belson Goluboff, an attorney who has written extensively on telecommuting law. "Any state might find this attractive and go ahead and start taxing nonresidents."
A handful of other states, including Pennsylvania and Nebraska, already have rules similar to New York's.
The case at issue involved Thomas Huckaby, a computer specialist who lives in Nashville. Earlier this year, New York's highest court, in a 4-3 decision, said Mr. Huckaby owed New York taxes on all of his income from a New York employer -- even though Mr. Huckaby had spent only about 25% of his time in New York and the other 75% in Tennessee.
The Huckaby case involved a New York State tax-department rule affecting people who live in another state, work for a New York employer and occasionally come to New York on business. That rule says income from work performed out of state is taxable by New York unless it's done for the employer's "necessity." Mr. Huckaby acknowledged his employer didn't require him to work in Tennessee, says Peter L. Faber, a New York lawyer who represented him. Mr. Faber argued New York's "convenience" test violated state law and the U.S. Constitution by taxing income earned out of state.
The New York rule could have wide-ranging implications. It may affect not only people like Mr. Huckaby, but also others who live in neighboring states, work in New York and choose to do some of their work at home. "We need federal legislation" to protect both types of workers, Ms. Goluboff says.
Consider the case of Edward A. Zelinsky, a law-school professor who lives in New Haven, Conn., and teaches at a law school in New York City. He says New York taxed him on all his law-school wages even though he spent 60% of his time at home doing research, writing, and grading exams and papers. Prof. Zelinsky lost his case in New York's highest court, and the U.S. Supreme Court declined to review the decision in 2004.
New York adopted its rule many years ago. Officials were concerned about commuters who lived in a neighboring state, such as Connecticut, and brought work home on weekends, worked on Saturday and Sunday, and then claimed to owe New York tax on only five-sevenths of their income, instead of 100%.
Telecommuters might get a reprieve if Congress passes proposed legislation called the Telecommuter Tax Fairness Act. The bill, which seeks to prevent states from collecting taxes from employees for work performed outside that state, was sponsored by Democratic Sen. Christopher Dodd and Republican Rep. Christopher Shays, both from Connecticut. Under the bill, workers would have to be physically present and working in a state for that state to be allowed to collect income tax from employees.
Sen. Dodd said yesterday that the court's move "underscores the need" to take legislative action.
The Supreme Court announcement is not a decision on the case's merits. The lower-court ruling stands and could, of course, lead other states to enact such rules. But it doesn't mean that the court has decided the issue or that such laws will be upheld if appealed in the future. Copyright © 2005 Dow Jones & Company, Inc. All Rights Reserved.
right, taxes are paid in the state where you earn 'em...
since you work at home, you earned your wages in your state and pay them to your state.
1 ck to feds, 1 ck to state, divide last year's taxes into 4 payments...
xx
Buy local. The local stores pay taxes to support your city and state. (SM)
Using online and catalogues does nothing to promote the local economy. We complain about outsourcing and about the big companies gobbling up all the work so the jobs at local hospitals are gone, yet we do the same thing when we buy on ebay, catalog, and these web sites that may be located any place in the world as their primary business location.
You have your W2 showing very clearly those taxes were paid. MQ is responsible for those taxes
because you were a statutory employee. That is the responsibility of the employer to pay those just as though you were an employee.
They want to deduct your salary from their
business expenses - so if they have NOT paid you, do not cooperate. Send them a registered letter stating simply the total $ owed, and enclose a self-addressed stamped envelope for their convenience - ha - and hold out signing any forms until YOU GET PAID!! What nerve they have!
Even when they deduct your entire (sm)
report if you make one error that QA doesn't catch and the hospital does?
Seems to me like QA should get dinged, not the MT.
TRS is your typical admin-heavy, treat the MT like a number company, made more offensive by their assumption that everyone in America is "Christian" and will adore prayer requests and other off-topic crap on the company email.
You can still deduct your MT expenses if your and IC - sm
regardless of taking the standard deduction. Your write offs for MT are on the Schedule C (not B). My husband and I take the standard deduction as we don't have enough on our Sch. B; then I write off all my IC deductions and report my income on the Sch. C.; putting the bottom line (income minus IC write-offs) on the 1040 line 12. So I am not quite clear on what you are talking about but I know how I do it is how most of us (if not all) do our deductions. You may want to do an amended return.
Yes you can deduct it. Employees get
the same deductions many ICs do particularly since so many companies do not pay for large office space any longer, power, etc. If you have any question at all about how to do it, ask your accountant but Turbo Tax walked me through it last year and this year too. It used to be that they did not ask, but now they do and you can deduct your office based on the size of it and the mortgage etc.
What many offices used to have now belongs to us that work at home and yes, we get that benefit because the offices definitely cannot legally deduct for this. Some companies reimburse for your internet. Oh whoopie. Less are providing equipment. So now we do get to do a whole lot as employees because the costs of these necessities for work have been placed on us by cheap employers who try to get by with as little expense as possible.
You can deduct many things when you are an IC - sm
Obviously since you were only an IC for 2 months in 2006, you can only make deductions for those 2 months, electricity for your home office, supplies, internet connection, phone, if you bought a computer for the IC job, use of your home office (a small fraction of your mortgage)---now if you are planning to move the smart thing to do is not take the home office deduction, it causes problems, a tax professional can explain all that. I take everything but the home office deduction as we have been saying for years were are going to move, and I figure if I finally do it, that will be when we finally do move, I'd probably be able to right off anohter $1k if I took it. So I end up writing off a percentage of my electricity and heat, phone line, internet, computer (took that deduction a few years ago), computer chair, printer supplies, reference books, programs, etc. You get the picture. Anything that pertains to your job you can write off basically. If you drive and pick up/deliver work, you can write off your mileage, just keep records. I have had both employee jobs and IC at the same time, best of both worlds in regards to taxes. I would have extra taxes taken out of the employee job to cover my IC taxes, though my DH has extra taken out and that has always covered my taxes so far. It is not hard to do, use a spreadsheet and let the computer do the work for you.
No, it's not. Poster says nothing about deduct.
x
You can deduct A LOT more than just office
x
Work for a company in a state that has no state income tax
I think there are 3 or 4 out there (Florida, Texas, and a few others.) Then you really avoid the tax situation.
You can deduct your work stuff, i.e. all of above, but you will need a Sch. C - sm
I believe. I think you need that schedule (vs. the CEZ) in order to write all that off. The computer would be line 13 and you can take a section 179 deduction for the entire amount, for which you need form 4562 (lines 7-12 and 24a-29). It is not difficult to do. For your state taxes generally (presume every state is different though), you take line 36 off your 1040 (if you are using a 1040) and that amount will contain your reported income from the sch. C (which has your write-offs) - Good luck !
deduct for errors, infomatics
thatnks for your response. it's in the contract i got from them sat. i am supposed to start training tomorrow. my friend works for them and loves it. i'm a little bit more skeptical i guess. all type never called me back and that was me. i have applied to lots of cos. this weekend and will probably hear from some tomorrow. i had my own service and am technologically deprived. we had tapes and c phones, no internet voice. this is all new to me. infomatics does say they pay ins. now if you are full time.
deduct for errors, infomatics
Just curious but where did you obtain this information? I've heard there is another company, (who will deny it but the MTs swear it happens) who deducts for errors. I do not know this firsthand, however.
Did you take the job with Infomatics?
When I spoke with them about a year ago they were at 8 cpl and just in case - they do not have insurance coverage, which is something I must have.
Also, did you make a post earlier about a company All Type and the recruiter didn't call you back? If that is you, did they finally call you - would you consider working for them at this point?
I have always tried to research any company I think I would like to apply to, prior to applying. I even go so far as to check their Dunn & Bradstreet scores, because I want to know how financially stable they are or are not, if they pay bills on time, etc. But I'm a little OCD and AR...LOL
Well, I've rambled enough...BUT,,,,Please let us know what you decide and BEST OF LUCK :-)
DEDUCT FOR ERRORS, INFOMATICS
Do all big co. deduct for less than 989% accuracy. They deduct 5% Really leary of this company and am supposed to train tomorrow. Seems it stays at 8 cents forever with no differentials or anything.
If married, have husband deduct more
You say you are married have your husband deduct more. They don't care who pays the taxes as long as they get paid. If you owe over a certain percentage they can put on a small fine but to me it didn't bother me and the few times I had to pay, I did it at year end. When married though just had my hubby do one less dependant or single instead of married and it worked and most of the time still got a few pennies back. But I keep a running spread sheet and on my Quick Books of what I am making, what my deductions are, etc. to keep ahead of the game. Am always budgeting for next month and next year.
each co. sets their own % to deduct, there is no standard
You would need to check the QA policy at your company to see what they deduct in points or percentage for each type of error. What Spheris does versus TTS or Medquist or whoever, it's all different.
MTSO will deduct for errors?
Hello everyone. I signed a contract that my company can deduct for a certain percentage of errors or too many blanks. Is this the norm? Please advise. I have 10 years of experience but I am still concerned.
Was told could deduct pet expenses. sm.
If it is a dog and is over 50 pounds, you can claim its food, vet bills, pet insurance, vaccinations all that as long as your business is run from your home. It applies as a guard dog. It does not matter which breed the dog is either. This is the state of Missouri, not sure about other states.
I am gonna try it as we shelled out alot of money over a period of time for a dog that was poisoned. Luckily, he lived.
I also live in an apt complex and plan to deduct
75% of my ISP, 100% of my ULD and I am considering 50% of my utilities (haven't decided on that one yet).
The reason I won't file for paying taxes is this. I live in a large apartment complex. Most of the complex is located within city limits, but I live in the back part which is actually located in what is considered as incorporated county. So, you can see that the property management pays a different tax rate for the majority of its property from the location of my apartment and because I cannot hand the IRS a statement showing I paid XXX amount in property tax, I will only claim the square footage...something I can prove in writing by printing out the floor plan, taking pictures of the office, and having a copy of the lease.
I tried to deduct price of deck by sitting out
x
Doesn't matter....they deduct 25% (or more) from your TOTAL lines - NM
NM
Can deduct portion of mortgage, utilities.Equip
x
deduct telephone, electric and portion of house payments.
Hope this helps!
Name a state and put every company in that state under suspicion.
Tell what the first letter of the company is and every company with that initial will be suspect. I would imagine that everyone who works for that company has received an inquiry from department of labor, so they would all be aware of it.
Why do we persist in setting up companies to be torn down when there is no reason for it. If a company is suspect, then give the name of the company, don't give big hints that cover at least 5 companies, 4 of which may be the best companies to work for, but fall into the category of an alphabetical letter, etc.
Contact your local BBB in your state and in their state if different from yours.
xx
Not mandatory, as you state it depends on your state - sm
or county. Where I am I do not need it; though if I was cutting grass or landscaping I would where I live, makes no sense to me as I am providing a service, but very happy I don't have to have one. We pay personal property tax here and I would have to list all my business related equipment and pay taxes on it every year I was in business. So until I am told otherwise by my county, I will not be getting a business license.
deduct everything you can think of, electricity, phone, home office if you chose to, supplies, inter
you get the picture. I don't do the home office deduction though because we keep saying we are going to build on a lot we have and things get screwed up with taxes due to this, something with depreciation, not really sure, know someone who had this problem though, owed a lot back. When we do move, then I will take it since I know it won't be an issue then. I write off about $2-$3K a year which helps some. Was paying quartly but have not done it in 2 years as I usually don't owe more than $1200 and my husband has extra taken out of his pay, so that has always, so far, taken care of any taxes I have "owed". -- Check out the IRS website they have plenty of info on the subject.
As an IC when paying taxes, are SS and fed taxes sent SM
to the same place?
varies from state to state...nm
x
deluded are ye? state by state..sm
http://www.washingtonpost.com/wp-dyn/content/article/2006/05/15/AR2006051501201.html
http://www.votefraud.org/vote_fraud_articles_by_state.htm#VO
http://www.votefraud.org/
Some people just CHOOSE to live in DE NILE (DENIAL) and we all see you are ONE OF THOSE.
Some of us CHOOSE to go through life as a REALISTS!
  
Things are different from state to state, but I think
you probably could, if you are actually "laid off." You would have to get a letter from your surgeon regarding your temporary disability status and take to the unemployment office and to Medicaid....but you know how Medicaid works, 1.5 pennies over the income limit, you don't get it. But, as I stated, laws differ from state to state, so you would have to inquire or go on their websites and see what they will approve and what they will not.
If not in your state, try filing in THEIR state. Then they
nm
Each state has different laws. Where I live, if I have clients in the same state I live in, yes I ne
have clients from another state, no I do not need a license. Every state is different. I checked with my attorney and the State Business offices.
THANK YOU! That is my point. She still pays taxes, her DH still pays taxes...
so who exactly is getting cheated? And just who are you talking about when you talk about whether it is "fair" or not. I don't give a crap how much taxes my neighbor pays. It's none of my business. And if I found out they were paying less in taxes than me, I would ask them how they heck are they doing it so I can do it too!
I just want ask, is it necessary to get personal and insult? You disagree with me, fine. But I've been called a liar, a cheat, a no-ingetrity thief, my intelligence has been insulted, and I have had my parenting skills questioned. That is a little over the top. If you cannot debate an issue without resulting to personal attacks, then YOU are the stunted one!
It is a very good thing that some of you work at home, ALONE! You are sorely lacking in people skills and diplomacy. Let me guess, when you worked in the office you were one of those girls who didn't like to share her desk, griped if someone dropped a crumb on your desk, and kept track of everyone's breaks, lunches, and line counts just so you could tattle to the supervisor! I've worked women like you, it was like working with kindergarteners. That's why I came home to work. Do us all a favor, looking in the mirror, count your wrinkles, and realize that this isn't high school anymore!
I do pay taxes --- MOST DEFINITELY PAY TAXES
I also keep track of all of the write offs!!
Do you also pay your own taxes?
that means it works out to about $13 an hour.
Taxes
Do you think when you are working for someone else that "they pay your taxes?" We all pay our own taxes except for the additional 7.5% of SS as an IC you pay. And I will bet that as an IC/MTSO I pay a lot less taxes than you do and I make more than you do. I cannot understand the mentality of people that say "you pay your own taxes." Your employer just "holds your money and pays your taxes." I am just responsible enough to put the money aside and pay mine but as a IC/MTSO with all my deductions I pay on 20 to 25% of my gross and I am able to put aside $700 to $1000 per month in my retirement which is totally deductable. Your statement is totally incorrect.
IC - taxes
I am never sure whether to classify myself as an IC or small MTSO as I have my own accounts. But where I see a lot of the problem is that the doctors are not making as much as they used to, due to insurance company reimbursement, etc. They are trying to save every penny that they can just like we do. I keep my line charges probably quite low according to many standards but I make a a very good living and I cannot see charging the doctors 15 to 18 cents per line when I make very decent money at 11 to 12 cpl -- gross lines. I also get GREAT tax breaks and though I have to pay the other half of the SS self employment, I still bring home more of a dollar than working for someone else. I have also found it hard to find anybody that will subcontract to me that is truly dedicated and will work hard. (I pay 8 to 9 cents per gross line and I deliver tapes and do all the printing, pick ups and deliveries) I know that kids get sick, there are football games, etc. but this is still a job and you gotta put it first sometimes. It is hard to find anyone that will work the TAT of 20 to 24 hours by the time I get the tapes to them. Then that leaves the burden on me. So I mostly stick to my accounts that bring me in $50 to $55 per year (and this gives me my benefits) and have turned down accounts because I don't want the hassle of the IC's to me and they could be going overseas right now. But I think that the insurance companies are behind this more than the docs. When your MRI is interpreted over in India -- do you get a break on the interpretation -- no but the insurance company gets a break on what they pay out so who pockets it????
My thoughts and I am sure I will get a lot of disgreements but that is okay we are all entitled to our thoughts. Oh yea for this amount of money I do work 28 to 32 to hours per week-- just quit an in house part-time job as they wanted me at least 24 hours now, started out at 10 to 12 but the docs found out that they could make more money paying me to transcribe their tapes than to type their own notes in the EMR's even with templates. So we will be around for a while. Oh yea if I would have kept on with both jobs would have easily made $65 K but working 50 hours a week was getting to be a bit much.
Patti
IC taxes
One suggestion that I have for all of you that are questioning IC taxes is to look at your past tax refunds when you were an employee and see what percentage was withheld and do about the same. Yes there is that extra 7.5 for SS but it is also a deduction and you can look to find 7.5% of your pay as a deduction whether it be in the form of your own retirement fund, etc. When I saw that I was paying so much to the IRS, I decided that if I could afford that I could start my own retirement fund and did it. I now contribute close to $1000 to it per month. So go online, get an old copy of Turbo Tax and run off the schedule C's and see what deductions can be taken for a small business and then see what you can do to save in taxes. Look at your old tax returns and if you are married have your husband over withold if you can't do it yourself. You are not paying that much more when you work for yourself you are just in charge of paying them yourself and not allowing someone else to hold it out from your check. But look at old returns, plan, plan and plan. When you look at your net vs your gross that will tell you what percentage your employer is holding out. Either as an employee or an IC we all pay our "OWN" taxes but as an employee someone just does it for you. Good luck to all of you. Patti
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