Page 1 of 2 12 LastLast
Results 1 to 20 of 27

Pampered Chef Thread: Taxes - what business activity code and busines type?

  1. #1
    jrstephens's Avatar
    Join Date
    Feb 2006
    Location
    Fulton, Alabama
    Posts
    7,181

    Default Taxes - what business activity code and busines type?

    How do you describe you principal business type? Just say "direct sales"

    What Business Activity Code do you use? I have NO IDEA about that and there is SO MANY to choose from!

    I NEED HELP FROM YOU CHEFFERS!

    I think I can do everything else, notice I said think.

  2. #2
    jrstephens's Avatar
    Join Date
    Feb 2006
    Location
    Fulton, Alabama
    Posts
    7,181
    get your thinking caps on cheffers!

  3. #3
    jenniferlynne's Avatar
    Join Date
    Jun 2005
    Location
    Indiana
    Posts
    2,011
    Hey, I know what you are talking about! I've been doing my own taxes for a few years now. The code for Direct Sales is 454390.

    Here is the piece that I copied:

    454390 Other direct selling establishments (including door-to-door retailing, frozen food plan providers, party plan merchandisers & coffee-break service providers)
    Last edited by jenniferlynne; 01-29-2007 at 12:56 PM.

  4. #4
    dannyzmom's Avatar
    Join Date
    Apr 2005
    Location
    Cruising Altitude
    Posts
    9,653
    Are you using one of those online tax programs? How are you doin git w/o th epaperwork from PC yet?
    Carolyn Kraham ~ Director, Florida
    ~~TPC in Personal Sales 2005/2006 and 2006/2007 and 2007/2008 and 2008/2009~~
    ~~Excellence Award in Personal Sales 2009/2010 and 2010/2011 and 2011/2012 and 2012/2013~~
    ~~Elite Seller~~
    Praying for Paige

  5. #5
    jrstephens's Avatar
    Join Date
    Feb 2006
    Location
    Fulton, Alabama
    Posts
    7,181
    Quote Quote by dannyzmom
    Are you using one of those online tax programs? How are you doin git w/o th epaperwork from PC yet?
    I am using www.taxactonline.com I am not doing it completely just filling in the information I can while I wait for my documents. I always do this each year when my documents start coming in I go ahead and put them in and get as far as I can while I am waiting on the rest of them. That's what I love about this online program (they may all let you do this I have not tried any other) as you enter your information in in the top right corner it tells you how much your refund is at each step. Of course it gets your hopes up in the beginning before all of your income if put in b/c it looks like you are getting the "earned income credit" and get lots back! ha!

  6. #6
    jrstephens's Avatar
    Join Date
    Feb 2006
    Location
    Fulton, Alabama
    Posts
    7,181
    Quote Quote by jenniferlynne
    Hey, I know what you are talking about! I've been doing my own taxes for a few years now. The code for Direct Sales is 45390.

    Here is the piece that I copied:

    454390 Other direct selling establishments (including door-to-door retailing, frozen food plan providers, party plan merchandisers & coffee-break service providers)
    Thanks, Jennifer!! I knew yall would know without me having to look through everyone of those codes!

  7. #7
    dannyzmom's Avatar
    Join Date
    Apr 2005
    Location
    Cruising Altitude
    Posts
    9,653
    Quote Quote by jrstephens
    I am using www.taxactonline.com I am not doing it completely just filling in the information I can while I wait for my documents. I always do this each year when my documents start coming in I go ahead and put them in and get as far as I can while I am waiting on the rest of them. That's what I love about this online program (they may all let you do this I have not tried any other) as you enter your information in in the top right corner it tells you how much your refund is at each step. Of course it gets your hopes up in the beginning before all of your income if put in b/c it looks like you are getting the "earned income credit" and get lots back! ha!
    Does it do state AND federal? Is it free?
    Carolyn Kraham ~ Director, Florida
    ~~TPC in Personal Sales 2005/2006 and 2006/2007 and 2007/2008 and 2008/2009~~
    ~~Excellence Award in Personal Sales 2009/2010 and 2010/2011 and 2011/2012 and 2012/2013~~
    ~~Elite Seller~~
    Praying for Paige

  8. #8
    jrstephens's Avatar
    Join Date
    Feb 2006
    Location
    Fulton, Alabama
    Posts
    7,181
    Quote Quote by dannyzmom
    Does it do state AND federal? Is it free?
    It is $15.95 for State and Federal and that includes e-filing.

  9. #9
    dannyzmom's Avatar
    Join Date
    Apr 2005
    Location
    Cruising Altitude
    Posts
    9,653
    Quote Quote by jrstephens
    It is $15.95 for State and Federal and that includes e-filing.
    dang!!!
    That's great!!
    Where do you get the program?
    Carolyn Kraham ~ Director, Florida
    ~~TPC in Personal Sales 2005/2006 and 2006/2007 and 2007/2008 and 2008/2009~~
    ~~Excellence Award in Personal Sales 2009/2010 and 2010/2011 and 2011/2012 and 2012/2013~~
    ~~Elite Seller~~
    Praying for Paige

  10. #10
    jrstephens's Avatar
    Join Date
    Feb 2006
    Location
    Fulton, Alabama
    Posts
    7,181
    It's all online at www.taxactonline.com They walk you through each step of your return and do check points at the end for accuracy. I have used them for 5 or 6 years now. You can even choose for them to keep general information stored and not have to enter it from year to year - I love that! I think I found it via the IRS website one year, but I cannot remember how I discovered them.

    They have different levels that you can choose from. $15.95 is the highest. I love it b/c they are accurate and less than I could ever buy a cd program for.

    You can do your whole return and they do not charge you until you submit. So, basically it is free to see if it does all you want it to do. They never charge until you hit the ok button to submit.

    They have even found errors in mine and sent it back for correction before they filed it before!! Which I think it awesome.

  11. #11
    kat29's Avatar
    Join Date
    Jun 2006
    Location
    Utah
    Posts
    390
    Tax Act is awesome I've used it for 5 years and never had a problem with them. I love it. I'm just not sure how to fill out the information for the 1099 stuff on it. This is my first year doing it so I'm learning. I don't want to go to someone else and let them do it but it looks like I may.

  12. #12
    jrstephens's Avatar
    Join Date
    Feb 2006
    Location
    Fulton, Alabama
    Posts
    7,181
    Quote Quote by kat29
    Tax Act is awesome I've used it for 5 years and never had a problem with them. I love it. I'm just not sure how to fill out the information for the 1099 stuff on it. This is my first year doing it so I'm learning. I don't want to go to someone else and let them do it but it looks like I may.
    You wil not have any trouble. I have been looking at it today and it walks you through it. You just have to add a Schedule C in the Business Income Section.

  13. #13
    Jennie4PC's Avatar
    Join Date
    May 2005
    Location
    Elko NV
    Posts
    3,420
    I will have to tell my DH about this he loves turbo tax but this program is much cheaper

  14. #14

    Join Date
    Aug 2006
    Location
    Richmond Hill, GA
    Posts
    3
    I have always used H/R Block turbotax, but this year Im not sure if I should get an accountant because we moved, and I have lived in 2 states. I have never had an accountant...anybody have experience either way?

  15. #15
    Jennie4PC's Avatar
    Join Date
    May 2005
    Location
    Elko NV
    Posts
    3,420
    we moved to a different state last yr I believe the only problem my DH had was he had to call his company that he works for and they had to send a different w-2 form 1 for what we made and paid in state 1 and another for what we paid in state 2 we dont pay state taxes here and we filed with turbo tax

  16. #16
    kat29's Avatar
    Join Date
    Jun 2006
    Location
    Utah
    Posts
    390
    Okay I have a question...I wrote the code down and all for the direct sells stuff but what exactly do you put in the box that says "describe the general business activity and the type of product or service for this business." Do I just put Independent Consultant for selling Kitchen Tools or what??? I'm not sure what to type in.

  17. #17
    jrstephens's Avatar
    Join Date
    Feb 2006
    Location
    Fulton, Alabama
    Posts
    7,181
    Quote Quote by kat29
    Okay I have a question...I wrote the code down and all for the direct sells stuff but what exactly do you put in the box that says "describe the general business activity and the type of product or service for this business." Do I just put Independent Consultant for selling Kitchen Tools or what??? I'm not sure what to type in.
    I just put "direct sales"

  18. #18
    kat29's Avatar
    Join Date
    Jun 2006
    Location
    Utah
    Posts
    390
    what accounting method did you select? I just left it at Cash but it's not Cash or the other one. Thanks for your help Jennifer.

  19. #19
    jrstephens's Avatar
    Join Date
    Feb 2006
    Location
    Fulton, Alabama
    Posts
    7,181
    I put Cash b/c I know it is not the other one, ha! I hope it is help, this is my first year and I am learning as I go and hope neither one of us gets in trouble! ha!

  20. #20
    kat29's Avatar
    Join Date
    Jun 2006
    Location
    Utah
    Posts
    390
    Okay I'll leave it on that. I have no idea. It's my first year of doing this too, don't really want to go to an accountant. Rather do it myself and get it back faster. LOL!! I think I pretty much got everything else, it was just them asking the stupid questions on how you would describe it and the accounting method. I was thinking Other on the accounting method but wouldn't know what to put down in the blank. I'll have to do some more research on it and see. If i come across anything I'll let you know. Thanks again for your help. I do appreciate it.

Register to reply

Page 1 of 2 12 LastLast

Similar Pampered Chef Threads

  1. ? on activity
    By {*mandy*} in forum Chef's Lounge
    Replies: 11
    Last Post: 02-11-2008, 07:29 PM
  2. code for the R symbol...
    By pamperedape in forum Flyers & Letters
    Replies: 3
    Last Post: 06-11-2007, 05:07 PM
  3. Dress code?
    By DebbieJ in forum Leadership Archives
    Replies: 9
    Last Post: 01-03-2007, 09:28 PM
  4. Web Activity
    By dannyzmom in forum Personal Pampered Chef Websites
    Replies: 7
    Last Post: 12-05-2006, 07:22 AM
  5. taxes and food taxes
    By SERVEITUPSONYA in forum Accounting & Budgeting
    Replies: 4
    Last Post: 08-30-2006, 09:35 PM

Tags for this Thread