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Last edited by teaze; 09-24-2012 at 02:20 PM.





Odds are that at least some of these clubs will be sending 1099-misc forms out next February covering a portion of your dancing income ... specifically that portion of your dancing income that originated in customer charges to credit cards.
As to changing addresses, in order to do this you will probably have to contact each club individually, and then hope that the address change gets forwarded to whatever accountant or payroll / tax service the clubs are choosing to prepare their 1099's.
As to the business licenses, in order to do this you will probably have to individually contact each licensing authority.
I would also add that, while the clubs only have an obligation to calculate dancer 1099 income and send out 1099-misc forms to dancers once a year ( in February ), as an independent contractor dancer YOU have an obligation to calculate your income every 3 months and to file a 1040-ES estimated tax voucher with the IRS ( along with sending a check to the IRS for estimated federal income tax money due ) on January 15th, April 15th, June 15th and September 15th.
If you live / work in a state that has an income tax, you'll have to do a similar estimated tax voucher filing with the state tax agency ( along with sending a separate check to the state tax agency for estimated state income tax money due ) on the same dates. This can get tedious for dancers that travel a lot ... one year I remember having to file estimated income taxes plus end of year tax returns with six US states plus two Canadian provinces.
Also, since your Siggy indicates you live in California, California has a unique 'business nexus' provision where it attempts to tax the out-of state earnings of California resident business owners ( which includes independent contractor dancers ) regardless of whether the out-of-state earnings originate from states that have their own income tax. This topic can get complicated in a hurry and is best left to an accountant.
Last edited by Melonie; 12-02-2010 at 02:06 PM.
how do i get a 1040-ES estimated tax voucher?





If you already have a taxpayer identification number, don't file for another one. Give your existing TPIN to every company you work for. It really does simplify things for your accountant.
HTH
Z





the federal form is at
All you need to send in is the small quarterly voucher form at the very end ( voucher 4 for 4th quarter of 2010 due January 15th ) ... and of course the check to match !
As to state estimated tax forms, they're available online as well ... check the individual state tax websites.
A small business accountant is very helpful for a newbie dancer because the accountant can advise the best way to 'structure' business finances. Guesstimated cost might be $150 the first year, going down in future years. Of course, for dancers who understand the 'necessaries', it's entirely possible to get through the tax filings without the help of an accountant by using any tax preparation program that can handle Schedule C 'Profit or Loss from a Business' ( I use Turbo Tax Premier ).
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