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No, it's not. Poster says nothing about deduct.

Posted By: and her tax estimates are WAY off. nm on 2008-02-24
In Reply to: Very good...very good answer. Right on the money! (nm) - elevalady

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They want to deduct your salary from their
business expenses - so if they have NOT paid you, do not cooperate. Send them a registered letter stating simply the total $ owed, and enclose a self-addressed stamped envelope for their convenience - ha - and hold out signing any forms until YOU GET PAID!! What nerve they have!
Even when they deduct your entire (sm)
report if you make one error that QA doesn't catch and the hospital does?

Seems to me like QA should get dinged, not the MT.

TRS is your typical admin-heavy, treat the MT like a number company, made more offensive by their assumption that everyone in America is "Christian" and will adore prayer requests and other off-topic crap on the company email.


You can still deduct your MT expenses if your and IC - sm
regardless of taking the standard deduction. Your write offs for MT are on the Schedule C (not B). My husband and I take the standard deduction as we don't have enough on our Sch. B; then I write off all my IC deductions and report my income on the Sch. C.; putting the bottom line (income minus IC write-offs) on the 1040 line 12. So I am not quite clear on what you are talking about but I know how I do it is how most of us (if not all) do our deductions. You may want to do an amended return.
Yes you can deduct it. Employees get

the same deductions many ICs do particularly since so many companies do not pay for large office space any longer, power, etc.  If you have any question at all about how to do it, ask your accountant but Turbo Tax walked me through it last year and this year too.  It used to be that they did not ask, but now they do and you can deduct your office based on the size of it and the mortgage etc. 


What many offices used to have now belongs to us that work at home and yes, we get that benefit because the offices definitely cannot legally deduct for this. Some companies reimburse for your internet.  Oh whoopie.  Less are providing equipment.  So now we do get to do a whole lot as employees because the costs of these necessities for work have been placed on us by cheap employers who try to get by with as little expense as possible.


 


You can deduct many things when you are an IC - sm
Obviously since you were only an IC for 2 months in 2006, you can only make deductions for those 2 months, electricity for your home office, supplies, internet connection, phone, if you bought a computer for the IC job, use of your home office (a small fraction of your mortgage)---now if you are planning to move the smart thing to do is not take the home office deduction, it causes problems, a tax professional can explain all that. I take everything but the home office deduction as we have been saying for years were are going to move, and I figure if I finally do it, that will be when we finally do move, I'd probably be able to right off anohter $1k if I took it. So I end up writing off a percentage of my electricity and heat, phone line, internet, computer (took that deduction a few years ago), computer chair, printer supplies, reference books, programs, etc. You get the picture. Anything that pertains to your job you can write off basically. If you drive and pick up/deliver work, you can write off your mileage, just keep records. I have had both employee jobs and IC at the same time, best of both worlds in regards to taxes. I would have extra taxes taken out of the employee job to cover my IC taxes, though my DH has extra taken out and that has always covered my taxes so far. It is not hard to do, use a spreadsheet and let the computer do the work for you.
You can deduct A LOT more than just office
x
What do you mean? They pay/deduct all but state taxes?
.
You can deduct your work stuff, i.e. all of above, but you will need a Sch. C - sm
I believe. I think you need that schedule (vs. the CEZ) in order to write all that off. The computer would be line 13 and you can take a section 179 deduction for the entire amount, for which you need form 4562 (lines 7-12 and 24a-29). It is not difficult to do. For your state taxes generally (presume every state is different though), you take line 36 off your 1040 (if you are using a 1040) and that amount will contain your reported income from the sch. C (which has your write-offs) - Good luck !
deduct for errors, infomatics
thatnks for your response. it's in the contract i got from them sat. i am supposed to start training tomorrow. my friend works for them and loves it. i'm a little bit more skeptical i guess. all type never called me back and that was me. i have applied to lots of cos. this weekend and will probably hear from some tomorrow. i had my own service and am technologically deprived. we had tapes and c phones, no internet voice. this is all new to me. infomatics does say they pay ins. now if you are full time.
deduct for errors, infomatics
Just curious but where did you obtain this information? I've heard there is another company, (who will deny it but the MTs swear it happens) who deducts for errors. I do not know this firsthand, however.

Did you take the job with Infomatics?

When I spoke with them about a year ago they were at 8 cpl and just in case - they do not have insurance coverage, which is something I must have.

Also, did you make a post earlier about a company All Type and the recruiter didn't call you back? If that is you, did they finally call you - would you consider working for them at this point?

I have always tried to research any company I think I would like to apply to, prior to applying. I even go so far as to check their Dunn & Bradstreet scores, because I want to know how financially stable they are or are not, if they pay bills on time, etc. But I'm a little OCD and AR...LOL

Well, I've rambled enough...BUT,,,,Please let us know what you decide and BEST OF LUCK :-)
DEDUCT FOR ERRORS, INFOMATICS
Do all big co. deduct for less than 989% accuracy.  They deduct 5%  Really leary of this company and am supposed to train tomorrow.  Seems it stays at 8 cents forever with no differentials or anything.
If married, have husband deduct more
You say you are married have your husband deduct more.  They don't care who pays the taxes as long as they get paid.  If you owe over a certain percentage they can put on a small fine but to me it didn't bother me and the few times I had to pay, I did it at year end.   When married though just had my hubby do one less dependant or single instead of married and it worked and most of the time still got a few pennies back.  But I keep a running spread sheet and on my Quick Books of what I am making, what my deductions are, etc. to keep ahead of the game.  Am always budgeting for next month and next year. 
each co. sets their own % to deduct, there is no standard
You would need to check the QA policy at your company to see what they deduct in points or percentage for each type of error. What Spheris does versus TTS or Medquist or whoever, it's all different.
MTSO will deduct for errors?
Hello everyone.  I signed a contract that my company can deduct for a certain percentage of errors or too many blanks.  Is this the norm?  Please advise.  I have 10 years of experience but I am still concerned.
Was told could deduct pet expenses. sm.
If it is a dog and is over 50 pounds, you can claim its food, vet bills, pet insurance, vaccinations all that as long as your business is run from your home. It applies as a guard dog. It does not matter which breed the dog is either. This is the state of Missouri, not sure about other states.

I am gonna try it as we shelled out alot of money over a period of time for a dog that was poisoned. Luckily, he lived.
I also live in an apt complex and plan to deduct
75% of my ISP, 100% of my ULD and I am considering 50% of my utilities (haven't decided on that one yet).

The reason I won't file for paying taxes is this. I live in a large apartment complex. Most of the complex is located within city limits, but I live in the back part which is actually located in what is considered as incorporated county. So, you can see that the property management pays a different tax rate for the majority of its property from the location of my apartment and because I cannot hand the IRS a statement showing I paid XXX amount in property tax, I will only claim the square footage...something I can prove in writing by printing out the floor plan, taking pictures of the office, and having a copy of the lease.
I tried to deduct price of deck by sitting out
x
No, SE means you pay part of your FICA and SS and state tax. They do not deduct it all.
x
Doesn't matter....they deduct 25% (or more) from your TOTAL lines - NM
NM
Can an at home employee deduct a computer on taxes?

Can deduct portion of mortgage, utilities.Equip
x
deduct telephone, electric and portion of house payments.
Hope this helps!
Good one. An anonymous poster blows another anonymous poster's head off. Great win for MQ?

I guess that is a small pleasure for those of you who have lowered your expectations for the company you work for. 


 


Bet you're married to a fat bald guy too. 


deduct everything you can think of, electricity, phone, home office if you chose to, supplies, inter
you get the picture. I don't do the home office deduction though because we keep saying we are going to build on a lot we have and things get screwed up with taxes due to this, something with depreciation, not really sure, know someone who had this problem though, owed a lot back. When we do move, then I will take it since I know it won't be an issue then. I write off about $2-$3K a year which helps some. Was paying quartly but have not done it in 2 years as I usually don't owe more than $1200 and my husband has extra taken out of his pay, so that has always, so far, taken care of any taxes I have "owed". -- Check out the IRS website they have plenty of info on the subject.
Thwap the husband on the head, buy the keyboard, save the receipt, deduct it from your taxes.

I wouldn't even ask my husband for something like that, any more than he asks me if he can fill up his car with gas so he can get to work! Sheesh! What a prince of a guy you've got there....  You get your keyboard, girl! 


I deduct all expenses that relate to my home office-% of utilities, taxes, repairs to that room, --s
mortgage (we do not plan to sell our house so this deduction will not affect us)as my office is used only for that purpose, internet, phone, I print out a daily schedule so paper/ink, computer repairs, pens, pencils, tape, staples, file cabinets, storge bins for tax recepts/tax returns,file folders. Anything/everything I use to do my job.

I was using mileage for another account where I pick up tapes every day, but found for me the time it took to keep track of the mileage, write it down, add it up was not worth the effort so I quit doing it this year.
THANK YOU to the above poster - sm
God, I thought I was the only one that could understand the simple fact that we have access to SSN numbers, insurance numbers (which a lot of times are SSN) and we are given computers and equipment that we could turn around and resell.

Apparently only one Transcriptionist in the whole US has been in trouble for identity theft. The rest of us must be honest folks. And yes, I am being sarcastic.
Thanks. I was about to tell the poster the same!

Poster must be new to this board.  For us "old timers" we remember the Terry S posts from awhile ago and how that took up most of the board.


This board is NOT just for MT, but a place for MTs to visit and ask, talk, vent, discuss, buy, sell, ask for help, look for new jobs, send a funny joke, etc.


It's a great board.


If you don't like it, then go elsewhere.  There are plenty of MT chat boards out there, but this, by far is the best.


Only MY OPINION, so I don't need losers telling me I'm stupid.  Thank you very much!


I do believe that poster. They may not
but they were in my area as well. I don't live in Illinois, though.

That's not good money. :(
LOL!! to you and other poster (sm)
The young 'uns are 18, 21, and 25 hahaha!!!

Can I still send them over?

It's just I normally don't work until after 10 p.m. or so, so they are not used to "indoor behavior" until then.

The 25yo is building a computer so he was updating me on every little thing.

The 21yo is his girlfriend (the one talking in the hall).

And the 18yo in my college daughter who just got her first B in English (all A's until now) and she had to give me all the details...

You know they do grow up, but they're still young 'uns I guess.

I just needed to eek out a few more lines before I turned into a pumpkin, so I was slightly stressed. Getting piece of crap dictators didn't help.

But thank you both!! You made my night :)
what you think that poster said
and what that poster said is different.  The poster DID say the MTSO should pay the MT the extra cpl the MTSO was getting from the client.
above poster said it all (sm)

I think you will like it there.  It's about as close to an "old time" transcription company as you'll get.


poster, eh? NOT..................

I am not a big fan of DQS - however, what this poster says
is true. It is manipulated by the account manager, the client, or whoever.

I worked on DQS for another company and it did count spaces and my line counts were correct. It does not count anything you put into the header or searches such as patient account number, etc. That is time spent not paid for, in my opinion. Don't like the spell check or Expander either.

I transcribe 300-400 lines per hour in Word-based programs and WP5.1. With DQS, I too could not get above 200 lines per hour. Very frustrating to say the least. I thought it was me getting slow or old or something, but went back to my old platform, and poof - 300-400 lines per hour again.

I don't know what it is, but something is not right with that program.

I can honestly say, I hate that program! But to each their own. Good luck whatever you decide.

she? You are so sure the poster was a she?
 
I did like the other poster, but did have to take off one day too! SM

I just couldn't let my original job go until I was 100% sure I would like the new one.  Actually, I ended up keeping both part time instead of one full time.  I like this better because I don't have all my eggs in one basket so to speak.  If I ever need extra work, all I have to do is ask and I NEVER run out of work.


Good luck!


i do exactly what you do and what the poster

GMTA = great minds think alike!!!  *lol* - I do both things only I bang it not in the air, rather on a desk top or some hard surface.


Gotta be real careful with keyboards and salt and coca cola....those 2 items will ruin a keyboard.


Oh, I also have and love the old IBM bigger keyboards....the ones whose letters never rub off....


Like the other poster said, you could
always come back. An opportunity like this doesn't come around too often though.

I would jump at it. With anything in life there is some risk. Without risk though, you will never go anywhere. Sometimes you have to take chances.

Good luck and keep us posted! :O)
I'm not the above poster, but
to figure out that offshoring = decreased pay if the offshore MTs work for less money.    
The above poster is right
Although, I would argue against the 512 that the company says you need. I have 384 MB of RAM on this PC and it works fine. Sometimes they need to extend my time out value when I log into a new account that takes forever to download the first time. Vista will not work.
Know what you mean. But, poster said below to go
to help to find out how to do this. I tried that and was totally confused. I accidentally got one loaded that I desperately needed, but don't know how I did it.
poster is right, we have like 85 or more...sm

there have to be at least 85 dialects in Miami now and ON THE BEACH too....not as many in Fort Lauderdale Beach as in Miami-Dade County and beach areas in Dade....where I live, it is like the United Nations...I'm always saying that and I love it - I have to have diversity and a lot of it.....Today, I'd never get along in small-town America (unless it would be Santa Fe, NM - another place with multi-languaged people, mainly native American, then Spanish from Spain, then Spanish from Mexico, and a smaller amount of anglos and some other diverse groups)


just my 3 cents...no wars please....


You should get together with the poster below.
You both sound like you could use the mutual admiration.
It is not in name box as name of poster, just to
x
Like poster below, I would use top because
the arm only has 1 top. ????
I second the above poster nm
nm
may be the poster was asking you if you are a U.S. MT because
when we read your original post you said the following.

"Veryu rude, just becasue you feel like it zsnd disagree with my post????

If you like it or not:"

Spelling errors, etc and sounds a bit confused. You are talking about grammer in your post and it is kind of lost there.

The poster did not say anything about
I am just trying to understand if she is working for another company, where she physically has to be at their company every day, or just what it is she is doing. I can do the work I do from my home anywhere, any state, and my tax information will stay the same, BUT if I go to my neighboring state and do work for another company as an employee, they will require all pertinent tax info be filled out....they have to. Then, I would have no choice as to what I would rather do about taxes. Employer will turn in my information to IRS regardless. If she is just taking her laptop and going to another state but still working for the same company via her laptop, who cares! The company just wants the work done.
Wow, I can't believe poster below...these are
the 2 top schools. If you read previous posts on this board, Career Step is actually NOT a good choice. I'm thinking she must be a Career Step teacher.
you are so right and if the poster sm
who was talking about "stealing" your accounts would go out and get her own accounts, have great quality and a better ATTITUDE, she would be making the same money!
To the poster that said the parents just let them go to
party and drink was sad.