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Business & farm
I see thank you. Sorry I have a lot of questions. I have the TurboTax Freefile Program so I really dont know all the files or steps I need to fill like the 1040 1099 and the miles so if you could tell me what I need to fill days before. Or is the 120 dollar self employed program better for deductions and the one I need?
I do Instacart and some Postmates, and for the miles, I don't use the tracking apps like everyone does. I take notes in my phone of my miles using the tripmeter by resetting when i leave home and taking my miles down when I'm back home. I do separate my Postmates miles from Instacart. I also take notes of estimated locations but not exact locations. Do you know if that info fine when I'm filling out my Excel form?
I started working in the second period and I'm not sure how much I'll be making by the 7/15/2020 so do I estimate days before the deadline? And I'm estimating my income after deductibles for this period and multiplying it by 26.4 percent correct? What if I estimate lower or higher?
I'm in the quarterly tax section TurboTax Free File program right now. I only see estimated tax sections for 2019 and 2018. If I were to estimate days before 7/15/2020, i would change the 2019 dates to 2020, put in my estimated net income times the percent, and be done?
Thanks again for replying.