Self-Employment-Tax-Filter: I didn't expect to have much in the way of income from my consulting business in 2007... setting my deductions to '0' should've taken care of what I expected. However, I ended up making almost a quarter of my income by consulting. I understand you're not an accountant and you're not my accountant, but how can I end up not having to owe a ton of penalties for not having filed self-employment tax?
I have a weird tax situation, and I'm not even sure where to look to find information about it. The tax accountants I've asked haven't known. [more inside]