Adding income without losing return?

jeffkellbush — Wed, 05 Jun 2019 21:45:51 GMT

Yes, I can add income because I earn cash on the side. I want to show more of an income because I want to refinance my home, without losing the return I have?

I want to show more of an income It is not a quesition o...

SweetieJean — Wed, 05 Jun 2019 21:45:53 GMT

I want to show more of an income

It is not a quesition of want. Rather, you must report all of you income and pay taxes on it. The lender is likely to require proof of this cash income, so be sure to have good records.

Cash income is subject to regular taxes, plus approx 15% self-employment tax.

topic Adding income without losing return? in Get your taxes done using TurboTax

Adding income without losing return?

I want to show more of an income It is not a quesition o...