MLM Script and MLM Software

I am a direct home sales consultant and need to know how to figure what taxes I need to pay?

I earned around $1600.00 since August when I signed up and am not sure how to figure the taxes that I would pay for that amount. I have very few deductions for my business so far. maybe around $200-300.

Public Comments

  1. File Schedule C or C-EZ with your Form 1040 tax return to account for the income and business expenses. If the net exceeds $400, attach Schedule SE to your return to calculate the self-employment taxes.
  2. Schedule C, schedule SE. Depending on your other income, it could be 30% for federal.
  3. You need more deductions!
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