Private College Student Loan

Need help amending taxes and filing for 2007?

I need to amend taxes for 2003-2005 per the IRS. They are stating that I owe $8,000 to them. I amended the 2006 one already. I have also requested from Wachovia all bank statements from 2003-2005 since I was an independent contractor (courier) for a company that stated I made $15,000 and this was not reported to the IRS during 2004. During that year, I had an engine put into my car, car maintenance, tires, mileage, misc supplies, pens and pencils also. Even though I could have potentially received monies, I did not, everything was taken for defaulted student loans that I still owe $6,000 on. This past year I had a baby (tax credit), paid 10 payment sof $125 to the Dept of Education to get my loans out of default, these were interest payments. I was single 10 months out of the year and would like to claim head of household but can not since my boyfriend and I lived together and he is claiming head of household at this address. I want to amend all old takxed before filing new ones. Help

Public Comments

1. You appear to need to find a professional. Look for an enrolled agent to help you (they are cheaper than a CPA and have a tax focus). What do *your* records say that you made in these years? The 1099-Misc from your employer is merely a reminder that you've been paid, not a requirement before you file your tax return. Your apparent lack of records will hurt you significantly. In order to deduct non-commuting business miles using either the actual method or the standard mileage amount requires that you have a mileage log that you must have kept at the time. You seem to be blissfully unaware that a contractor job has self-employment taxes. Without deductions, that $15,000 of income in 2004 has $2119 of SE tax alone. The income tax is probably another $5-600. Even with children, EIC wouldn't fully cover this.