Full question:
i work privately as an independent contractor doing home care services and no one has ever asked me for a statement of how much i earned and i have a client that is asking for a statement so that he make get a tax credit for what he paid me for the year 2008 can you please tell me what type of form do i have to use for this and do i have to give him a statement? I am an independent contractor and work privately for the elderly doing homecare services and my client whom i've worked for for about a year has asked me to give him a statement of what has been paid to me by him for tax purposes what type of statement am i supposed to give him and do i have to give him one? I've never been asked by anyone to give them a statement.thank you
- Category: Taxes
- Date:
- State: Texas
Answer:
Your responsibilities for invoicing the client and providing receipts will be governed by the terms of the contracts involved. Generally, the responsibility for documenting expenses for a tax credit belongs to the taxpayer. If you wish to assist the client, you may provide copies of invoices or create a new statement summarizing the services paid for over the year. The detail of such statements is a matter of choice, but the covered dates of service and total for services paid for during that period would be required to substantiate a tax credit. The client will also be responsible for keeping copies of cancelled checks or other forms of payment to substantiate the credit.
For further information, you may contact:
http://www.dshs.state.tx.us/contact.shtm
This content is for informational purposes only and is not legal advice. Legal statutes mentioned reflect the law at the time the content was written and may no longer be current. Always verify the latest version of the law before relying on it.
