best response EVER. EVER. its like, if you dont GET IT, nevermind.
tw On 2/20/08, Loathe <[EMAIL PROTECTED]> wrote: > Never mind. > > ColdFusion wrote: > > Well lets apply it to both (was not aware there is a difference) since it is > > still classified as income. > > > > > > -----Original Message----- > > From: Loathe [mailto:[EMAIL PROTECTED] > > Sent: Wednesday, February 20, 2008 1:01 PM > > To: CF-Community > > Subject: Re: Taxes (Fed / State) > > > > Was it cash and or paypal? > > > > ColdFusion wrote: > >> How does everyone handle taxes when income received from consulting work? > >> > >> > >> > >> Example: > >> > >> Project A brought in $1000.00 > >> > >> > >> > >> Now set aside 33% for federal and say 10% for state (I am in the state > > where > >> there are state taxes). > >> > >> So if I set aside 50% is that too much? > >> > >> > >> > >> The figures are just estimates. > >> > >> > >> > >> (Checking IRS site as well, just thought I would ask here) > >> > >> > >> > >> > >> > >> > > > > > > > > > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to date Get the Free Trial http://ad.doubleclick.net/clk;160198600;22374440;w Archive: http://www.houseoffusion.com/groups/CF-Community/message.cfm/messageid:254554 Subscription: http://www.houseoffusion.com/groups/CF-Community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=11502.10531.5