I'm self employed and make less than $100 a month. About $200 YTD.
How do I document that as income?
Am I supposed to register as a business?
Asked by Anonymous at 7:41 PM on Jul. 22, 2010 in Money & Work
That stinks! Well, then I guess use some of the suggestions that some of the ladies have suggested. What do you need the proof of income for? If it is something that you need right away, maybe ask the company to write a letter on what they have paid you YTD. Kind of like daycares and preschools do for parents at tax time. They put how much the parents have paid for services and they include their TIN. The company could do a reverse of that and put how much they have paid you. Good Luck!
Answer by JeremysMom at 8:24 PM on Jul. 22, 2010
Answer by Kari126 at 7:43 PM on Jul. 22, 2010
Is this a business that you are trying to grow and get more clients? Or is this just something to do to bring in an extra $100 each month? If this is an actual business then you will probably need to call City Hall and see if you need a business or occupational license. You may also have to call the state and see if you need a license with them. Also, don't forget to file for an TIN (Tax Identification Number).
Answer by JeremysMom at 8:00 PM on Jul. 22, 2010
Answer by Kari126 at 8:00 PM on Jul. 22, 2010
Answer by CafeMochaMom1 at 8:03 PM on Jul. 22, 2010
For your situation, would it be possible to have the company "hire you". That way it would take all the hassle of whether or not you have to have a license and you will be able to get a pay check stub which will be proof of income.
Answer by JeremysMom at 8:10 PM on Jul. 22, 2010
Answer by jennifer588 at 7:42 PM on Jul. 22, 2010
Answer by AdrianaS at 7:43 PM on Jul. 22, 2010
Answer by JeremysMom at 7:44 PM on Jul. 22, 2010
Answer by EveMomToThree at 7:50 PM on Jul. 22, 2010
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