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Help: Self Employ. Tax on Race Purses

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05-21-2012, 06:43 PM	#11
GTX JOHN VIP Member Join Date: Jun 2009 Location: Boulder City, Nevada 89005 Posts: 2,732 Likes: 2,797 Liked 2,474 Times in 697 Posts	Re: Help: Self Employ. Tax on Race Purses My son Jon does not file a Schedule A as he is does not itemize and just take a Std. Deduction. It looks like he will file C EZ and have to show the income BUT NOT show any expenses at all period (NO Schedule. A). He will have to SE taxes on all earnings from the racing since they are all 1099. The racetrackshow " Compensated Non Employee".

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