Join  |  Login  |   Cart    

Notary Rotary
Welcome to Notary Rotary Find a Notary Notary Forum Become a Notary and Find Notary Classes Notary Insurance Notary Supplies Notary Resources  
 
Just PoliticsLeisure
Welcome to the Notary Talk General Discussion Forum. Before posting, please read the

You are replying to this message:
 Re: notary self employment tax
Posted by  Yoli/CA on 4/5/24 12:05pm

I do my taxes with TurboTax and I didn't notice any changes on the exemption for self employment tax. You may want to point your CPA to the IRS website:

http://www.irs.gov/individuals/international-taxpayers/persons-employed-in-a-u-s-possession-territory-self-employment-tax

Scroll down to "Notary Income" and keep in mind that we can only exempt the $15 per notarized signature that we're allowed to charge in California. Travel/accommodation/extra services, etc. are not exempt. In other words, if you're paid $150 for a signing and there's only 4 notarized signatures in that package, you can only exempt $60 for that signing (4x $15 = $60).

Important Notice

At this time, you must be signed-in to Post a Message to the Notary Talk Discussion Forum.

In order to sign-in, you must have a Notary Rotary™ membership. Basic Membership is free. Basic Members should update their profiles at least every 6 months to prevent them from being deleted.

If you do not already have a membership, click the Join link above. After creating your profile, you should log in and update it from the My Profile page. If you do not want your information displayed to others (e.g. advertised under Find a Notary), you can hide it by checking the "Hide profile from searches" box.

If you already have a profile, click the Login link above to sign-on. If you have forgotten your password, follow the directions on the login page.

 
Find a Notary   Notary Supplies   Terms   Privacy Statement   Help/FAQ   About   Contact Us   Archive  
 
Notary Rotary™ is a trademark of Notary Rotary. Copyright © 2002-2024, Notary Rotary, Inc.  All rights reserved.
500 New York Ave, Des Moines, IA 50313.