Pool Cleaner Tax

By · Friday, January 1st, 2010

Pool Cleaner Tax
Income Tax 2008???

Ok I 1,500 / year I'm 13 I own a cleaning company from the pool. Do I have to? If so, how? if not how mush do you need to do to file a tax return?? PS I live in Texas

Yes, you need to file. Although you probably will not pay income tax, you must pay self employment tax. It will file a Sch C Sch C-EZ and reduce income for any expenses you have. Your self-employment tax is based on earnings from your net income (after expenses.) You must have a tax person qualified help with your return.

$184,900 – 4817 Acorn Dr, Crestview, FL

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