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Message |
    
Ajaatasatru
Pilla Bewarse
Username: Ajaatasatru
Post Number: 570
Registered: 04-2016
Posted From: 209.67.156.8
| | Posted on Tuesday, August 01, 2017 - 11:55 am: |
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Andhrajamesbond:
Thanks dude.
I am planning to bill like 2k per month slowly going fwd. Daniki aggressive ga projects chestanu watever freelance i get. Then try to open a brokerage acct and invest there.
brahma satyam jagan-mithyä jivo brahmaiva näparah
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Wanderer
Pilla Bewarse
Username: Wanderer
Post Number: 261
Registered: 05-2017
Posted From: 69.10.245.11
| | Posted on Tuesday, August 01, 2017 - 11:43 am: |
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rick peoples problems  |
Andhrajamesbond
Kurra Bewarse
Username: Andhrajamesbond
Post Number: 1566
Registered: 03-2004
Posted From: 68.93.142.53
| | Posted on Tuesday, August 01, 2017 - 8:27 am: |
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Ajaatasatru:was that i need 1099 to show tax amount and i fill that. W2 ante amount paid by the firm to me. Yes they would give W2, but not 1099.
1099: The company will pay you full money as an independent contractor and they dont deduct any payroll taxes . It is your responsibility to file quarterly taxes to the govt and send them the estimated tax payments.
W2:company will deduct taxes and send that money to the IRS and they will communicate that information through W2.
Unless you have your own home office and want to deduct interent, water,electricity and office expenses, there is no use of goign for 1099.Just take w2 and easy to file your taxes at the year end. |
Ajaatasatru
Pilla Bewarse
Username: Ajaatasatru
Post Number: 568
Registered: 04-2016
Posted From: 209.67.156.8
| | Posted on Monday, July 31, 2017 - 5:27 pm: |
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Andhrajamesbond:
ohk.. my (mis) understanding was that i need 1099 to show tax amount and i fill that. W2 ante amount paid by the firm to me. Yes they would give W2, but not 1099.
brahma satyam jagan-mithyä jivo brahmaiva näparah
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Andhrajamesbond
Kurra Bewarse
Username: Andhrajamesbond
Post Number: 1564
Registered: 03-2004
Posted From: 68.93.142.53
| | Posted on Monday, July 31, 2017 - 4:42 pm: |
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Ajaatasatru:Freelancing experience unda ikkada evarikaina ?
I did not understand the question correctly.It doesn't matter if that is Working form home or form their location. He can still give you the W2 for the amount he paid you. |
Ajaatasatru
Pilla Bewarse
Username: Ajaatasatru
Post Number: 563
Registered: 04-2016
Posted From: 209.67.156.8
| | Posted on Monday, July 31, 2017 - 4:36 pm: |
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Andhrajamesbond:
Thanks for the info. So ee online freelance website vadu, only if you earn 3k or so 1099 istanu antunad. So kim kartavyam ??
I started only recently, but i do want to clock in $ while i am in college.I will have earnings report but not 1099 seems. I understand 1099 chusi blind ga amt katteyadame ..but initially undadu for freelance..
brahma satyam jagan-mithyä jivo brahmaiva näparah
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Andhrajamesbond
Kurra Bewarse
Username: Andhrajamesbond
Post Number: 1560
Registered: 03-2004
Posted From: 68.93.142.53
| | Posted on Monday, July 31, 2017 - 4:11 pm: |
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Ajaatasatru:Also do you guys pay IRS quarterly or at the end of year ?
If you are on W2: just yearly.If you are on 1099/independent contractor , you need to pay estimated taxes quarterly or you will end up paying some interest and penalty for not doign so.you take 1099 from employer and just pay the amount ? What if we pay incorrect amount of tax, seems IRS asks for interest etc, |
Andhrajamesbond
Kurra Bewarse
Username: Andhrajamesbond
Post Number: 1559
Registered: 03-2004
Posted From: 68.93.142.53
| | Posted on Monday, July 31, 2017 - 4:07 pm: |
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Kubang:Entha vundi anedi pedda issue kaadu (beyond certain level), earnings more important ani ninna ardham ayindi. Baaga ekkuva vunte madichi pettukotaniki thappa no use..
Ignorance is bliss
anything above 720 (or 740) is useless..nobody cares.. |
Gotcha
Kurra Bewarse
Username: Gotcha
Post Number: 1272
Registered: 01-2007
Posted From: 175.101.105.2
| | Posted on Sunday, July 30, 2017 - 10:36 pm: |
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Jaffaa:
amt kataleka sastuna, cpa ichina advice get losses or buy huge house, save all ur temple receipts. Kaneesam 5k ana donate cheyi or claim cheyi |
Jaffaa
Mudiripoyina Bewarse
Username: Jaffaa
Post Number: 24286
Registered: 03-2008
Posted From: 66.234.193.109
| | Posted on Sunday, July 30, 2017 - 10:33 pm: |
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Andhravodu: 401k max chesaka last year 2k extra to aipoyindi
yeah uncle last year effect ki buddi vacchinddhi, ee year already limit reached....employer contribution kuda full gaa esaa....
ira pettatam ledhu, eemanna tax savings ki advisable iithe cheppandi adhi kuda pedathaanu.... |
Gotcha
Kurra Bewarse
Username: Gotcha
Post Number: 1271
Registered: 01-2007
Posted From: 175.101.105.2
| | Posted on Sunday, July 30, 2017 - 10:22 pm: |
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This is true tax returns matter for commercial loans than scores |
Andhravodu
Pilla Bewarse
Username: Andhravodu
Post Number: 482
Registered: 04-2017
Posted From: 69.62.241.11
| | Posted on Sunday, July 30, 2017 - 10:17 pm: |
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Jaffaa:
2015 taxes ee calif gallu oka 3k, federal 6k total 9k extra taxes kinda dobbaru 
holes annee moosukuni, traveling job high salary vadulukuni, lesser salary but somewhat local job teesukunna. 401k max chesaka last year 2k extra to aipoyindi |
Jaffaa
Mudiripoyina Bewarse
Username: Jaffaa
Post Number: 24285
Registered: 03-2008
Posted From: 66.234.193.109
| | Posted on Sunday, July 30, 2017 - 10:07 pm: |
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Andhravodu:Deductions ekkuva padite mallee tax bill band paduddi
last year 401k pettala and hd work chesthunna w4 previous years vi carry iyyaayi....so double beating taxes roopam loo.... |
Jaffaa
Mudiripoyina Bewarse
Username: Jaffaa
Post Number: 24284
Registered: 03-2008
Posted From: 66.234.193.109
| | Posted on Sunday, July 30, 2017 - 10:06 pm: |
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Kubang:Mari capital gains baaga
guruji anni angles loo g dhenkudee....  |
Andhravodu
Pilla Bewarse
Username: Andhravodu
Post Number: 481
Registered: 04-2017
Posted From: 69.62.241.11
| | Posted on Sunday, July 30, 2017 - 9:53 pm: |
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Ajaatasatru:Cali lo tax 10gudu ekkuva
Unless you are making more than 250k, Calif lo 9.3% kadaa. It's high but in line with the benefits you get
Jaffaa:naa last year tax kattindhi kaaka, mallaaa neene 7k eduru kattalsi vocchaanu
Deductions ekkuva padite mallee tax bill band paduddi  |
Kubang
Celebrity Bewarse
Username: Kubang
Post Number: 36558
Registered: 09-2011
Posted From: 184.151.222.118
| | Posted on Sunday, July 30, 2017 - 9:27 pm: |
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Jaffaa:
Mari capital gains baaga vunte tax kattali ga 
Ignorance is bliss
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Ajaatasatru
Pilla Bewarse
Username: Ajaatasatru
Post Number: 543
Registered: 04-2016
Posted From: 104.33.64.242
| | Posted on Sunday, July 30, 2017 - 9:22 pm: |
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I am slowly starting to learn about Tax, IRS details as well.
Ipudu Freelancing jobs ( WFH ) lo, single unmarried person enta tax kattali ? Some website says 14% above 10k. Some say above 400$ aite self employed aite you need to pay, but dont say wat %ge. Freelancing experience unda ikkada evarikaina ?
Also do you guys pay IRS quarterly or at the end of year ? you take 1099 from employer and just pay the amount ? What if we pay incorrect amount of tax, seems IRS asks for interest etc,
Jaffa meeku ilanti experience ainda emaina ? |
Soggadu
Kurra Bewarse
Username: Soggadu
Post Number: 2940
Registered: 02-2009
Posted From: 65.110.174.162
| | Posted on Sunday, July 30, 2017 - 9:15 pm: |
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Jaffaa:
Liberal states lo anthe. Jai Pelosi ante noppi taggi potundhi lol
చక్కర కలిపిన తియ్యని తేనెల తోడు పెరుగు తెలుగు
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Jaffaa
Mudiripoyina Bewarse
Username: Jaffaa
Post Number: 24281
Registered: 03-2008
Posted From: 66.234.193.109
| | Posted on Sunday, July 30, 2017 - 8:46 pm: |
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Ajaatasatru:Cali lo tax 10gudu ekkuva kada ninne calculations chusa
agreed, naa last year tax kattindhi kaaka, mallaaa neene 7k eduru kattalsi vocchaanu dhenemmaa  |
Lolakulu
Pilla Bewarse
Username: Lolakulu
Post Number: 280
Registered: 05-2017
Posted From: 172.98.79.36
| | Posted on Sunday, July 30, 2017 - 8:35 pm: |
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Kubang:if your income doesn't line up with the debt you are trying to take ani.. above 750 score it doesn't really matter
same doubt naaku eppati nundo undi. mee valla clear ayindi. still don't understand how people in bay area are taking 1 M loan if their household salary is 200k. i mean vallaki EMI min 8k untadi kada for 1M home including insurance HOA etc. but banks ela isthunnayi? |
Kubang
Celebrity Bewarse
Username: Kubang
Post Number: 36557
Registered: 09-2011
Posted From: 24.64.245.215
| | Posted on Sunday, July 30, 2017 - 8:12 pm: |
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Ajaatasatru:
gross.
Point is high credit score is worthless if your income doesn't line up with the debt you are trying to take ani.. above 750 score it doesn't really matter..
Ignorance is bliss
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Ajaatasatru
Pilla Bewarse
Username: Ajaatasatru
Post Number: 542
Registered: 04-2016
Posted From: 104.33.64.242
| | Posted on Sunday, July 30, 2017 - 6:38 pm: |
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Earnings ? Gross or Take Home ( Cali lo tax 10gudu ekkuva kada ninne calculations chusa )
mimmalni HNI quota lo special treatment ichara.. |
Andhravodu
Pilla Bewarse
Username: Andhravodu
Post Number: 478
Registered: 04-2017
Posted From: 69.62.241.11
| | Posted on Sunday, July 30, 2017 - 5:11 pm: |
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unna okka happiness ni tokkestaara  |
Kubang
Celebrity Bewarse
Username: Kubang
Post Number: 36556
Registered: 09-2011
Posted From: 184.151.222.118
| | Posted on Sunday, July 30, 2017 - 4:38 pm: |
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Entha vundi anedi pedda issue kaadu (beyond certain level), earnings more important ani ninna ardham ayindi. Baaga ekkuva vunte madichi pettukotaniki thappa no use..
Ignorance is bliss
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Archives - 2017