Thread: Tax tips
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Old Wed Dec 18, 2002, 11:36am
Barry C. Morris Barry C. Morris is offline
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Join Date: Aug 1999
Posts: 195
Quote:
Originally posted by ChuckElias

Does this require you to keep a log for verification purposes? How do you know (and prove) your mileage?

I keep a log of my games on MS Excel that includes the game site, mileage, income received, etc. I know my mileage via my odometer and I can prove it via a map.

Quote:
meals
Anytime you eat on the way to or from a game, you can write it off? That seems a little too generous for the IRS. How does it really work?

Chuck [/B]
Meals are deductible when incurred in the conduct of a trade or business while "away from home". You are not "away from home" unless you are away from the general area of your home for a period substantially longer than an ordinary workday and it is reasonable to you to need to sleep or rest.

In a word, your hamburger on the way home from the game is not deductible. The guys travelling out of town for games and spending the night are the ones getting the meal deductions.
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