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)
> >>
> >>
> >>
> >>
> >>
> >>
> >
> >
> >
> >
>
> 

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