Freelance BBS: Taxes - I need Help!!!!

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By kkhgiggles On 04/11/05  

I usually do my own taxes every year because they're easy. I use the 1040 EZ and it all works out. This year is different. I don't know where to put a few things or even if i need a different form. I cashed in some stock that i had and i didn't know if i just add that to my income or what. I also had some unemployment paid to me, same situation...don't know where to put it. if you can help....please feel free.
Kim



By gramps On 04/14/05  

Normally, you add the net PROFIT that you realized, not the entire sum. For example, if you bought 100 shares for $1,000 and sold them for $1,500, your taxable income is $500, not $1,500.



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