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Owner/Developer of RefTown.com Commissioner, Portland Basketball Officials Association |
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Take a poll, private if you like, and find out how many refs report their income. I think you will find it to be very low. If you are doing D1 college, I get it. You are a bigger target for an audit. Doing strictly high school? The IRS has no idea who you are, what you are doing, and how much you make unless you get a 1099. You have to earn $600 in a calendar year from one school to get a 1099 from them. Once again, how many of you report fantasy sports winnings? That is considered to be income by the IRS and you should report that as well. Those of you chastising others for being a "cheater" and not having integrity, better have all of your income on your 1040 before you sling mud. |
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Not all areas are paid by a school. Many are paid through their association/assignor and it is quite easy to get to $600 since your whole season is lumped together.
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Owner/Developer of RefTown.com Commissioner, Portland Basketball Officials Association |
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Yep. Also, if you get paid through Arbiter, it aggregates to $600. This would lead to an odd scenario if you happen to have a couple of schools or districts that also added up to $600. If you just add your 1099s, you'll be over-reporting.
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Sprinkles are for winners. |
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On the other hand, after having worked in the tax world, the government has NO idea about your referee earnings unless you get a 1099. Even then, they only know about the money that was reported on a 1099. If you didn't get a 1099 or you were paid cash, the IRS has no clue about the income. They could never prove you received anything other than what was on the 1099. The audit exposure is very low. Before anybody accuses me of being an advocate of cheating, that's not what I'm doing. I'm simply giving information to officials about the IRS. What they do with the information and their money is up to them. |
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You can talk about morals all you want, audit exposure, integrity, and the like. The bottom line is that, yes, the money is income and is supposed to be reported but a bigger number of refs don't report it than do. Questioning somebody's ability or integrity as an official in correlation to what they do with their taxes is an extreme position to take. Are you reporting every dime of income that you take in during the year? I still haven't heard from those of you that win at fantasy sports. That is supposed to be reported too. Are you guys doing that? |
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I used to play the occasional game of poker or blackjack, but I haven't even done that in a couple of years. |
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You are obviously a basketball official. You consider playing fantasy football a bad idea for you? Any fantasy sports is a bad idea because you are an official? Man some of you guys need to loosen up and not take yourselves so seriously. Not one single player, coach, fan, or administrator cares if you play fantasy sports. I doubt they care about your taxes either. They care about your knowledge of the rules, your game management, and how you approach your job on the court. I mean this in the most positive way possible. I imagine some of you guys are very very very good officials. Your knowledge of the rules is great and I can tell that you guys take it seriously, as do I. I don't share your stance (not you personally) that playing fantasy sports/gambling is a bad idea because you officiate a sport. I also don't question the ability/integrity of an official because of what they do with their money/taxes. Maybe I am in the minority on this board, maybe I'm not. |
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[QUOTE=SD Referee;983834]Please don't take this as me making fun of you because I'm not, but some of you guys crack me up.[quote]
No offense taken. I enjoy the discussion. Quote:
I stopped playing fantasy sports because I didn't really enjoy doing it. Quote:
And I seem to remember some articles about NBA (or NCAA basketball) officials getting in trouble for taking incorrect tax deductions or somesuch... I'm too lazy to look it up right now. Quote:
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A-hole formerly known as BNR |
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