rsant
New Contributor
It will be my first time filing taxes as a sole proprietor LLC. I formed my LLC in may of 07, but have NOT YET started operating ($0.00) earnings. I anticipate the start of operation this upcoming May.
I can only account for start up costs. Depreciating assets such as hardware, e-services, furniture, supplies, materials, outsourced services, utilities.
I can't claim home office.
I am still a full time student. around 8k reported on (1098)
I also work full time. 32k a year. (w2)
Are there any tax specialists or cpa's in here that can foresee a ballpark figure on what type of returns or payments i should be expecting for this tax year as a sole prop LLC? This certainly is a new experience for me filing as a business formation.
I file with H&R every year, but this year I am trying to find a cpa that I can feel comfortable with. I get sucked in because of the cool "scratch off game" that I never win.
I can only account for start up costs. Depreciating assets such as hardware, e-services, furniture, supplies, materials, outsourced services, utilities.
I can't claim home office.
I am still a full time student. around 8k reported on (1098)
I also work full time. 32k a year. (w2)
Are there any tax specialists or cpa's in here that can foresee a ballpark figure on what type of returns or payments i should be expecting for this tax year as a sole prop LLC? This certainly is a new experience for me filing as a business formation.
I file with H&R every year, but this year I am trying to find a cpa that I can feel comfortable with. I get sucked in because of the cool "scratch off game" that I never win.
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