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Thread: best version of turbo tax?

  1. #1
    Featured Member mina loy's Avatar
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    Default best version of turbo tax?

    i'm completely confused so bear with me here.

    i started dancing as an independent contractor in july 2006 and have been dancing since then. i've recorded all of my nightly earnings in a notebook. i received a 1099 form from the company, stating around $8,000 in whatever a 1099 is supposed to say.

    i saved receipts for deductible items for dancing gear.

    i have 2 w-2 forms from other jobs i had in 2006 as an employee.

    turbo-tax seems to be a good way to go as to do my taxes this year (melonie's suggestion to picaresque), as i have no idea as to how to locate a good tax preparer at a low fee (i'm not making wild sums of money as a dancer yet). which version of turbo-tax will best suit my situation? i am also filling out the fafsa as a graduate student. which tax form do i file? the 1040 or 1040EZ?

    thank you.

  2. #2
    Banned Melonie's Avatar
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    Default Re: best version of turbo tax?

    1040 long form with Schedule C 'profit or loss from a business' for your dancing earnings.

    To get the full gamut of Schedule C features you'll need TurboTax Home and Business.

  3. #3
    Featured Member mina loy's Avatar
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    Default Re: best version of turbo tax?

    thank you, melonie!

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