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Get your taxes done using TurboTax
Hi!
Thanks so much for your answer.
I'm probably over complicating this, but I have virtually no "Loan Signing Agent NON-notarial forms" as I can't see a way to cost those out of the entire document package. With almost every loan signing, the amount of notarial acts preformed at $15 per certificate exceed what my overall compensation is for that signing is.
I average $100 per signing. I generally have 5-10 certificates, often times 2 signers, so that can be 10-20 notarial acts per signing.
So for your example, I do not have anything for line ( 1.) All of my work has been through signing agencies for loan packets.
2. This is where I see all of my notarial acts coming from (signing agent work)
3. I do have the majority of documents signed that are NON notarial forms in a document packet, but don't understand how I would cost this out.
Right now I have all of my income on the schedule C for loan signing compensation from signing agencies per ex. ($3000) I have also included all of my expenses (mileage, paper, toner, pens, journals, stamps, classes, etc.)
Then I added up all of the notorial fees from all of the signings I did (412 total) ($6180), and added those under "Other Reportable Income." This brought my overall refund up a lot which I'm concerned I didn't enter this in correct.
I appreciate you helping me in such detail on this!