Iaabo charter membership

[BillyMac]

Originally Posted by Camron Rust

Whether one or both drivers are paid is not relevant. If he drives, he can and should deduct the mileage he actually drove. Likewise, whether you drive or not, all money received is income (even if it is designated as reimbursement for travel) and should be included in that income. The deduction for miles driven will take care of the balance.

Originally Posted by Altor

The fact that somebody is paid specifically for the mileage is immaterial to whether it is deductible. There may be other reasons why it is not deductible, but this is not one of them.

Originally Posted by BillyMac

Don't listen to me, I'm sure your tax guy does an excellent job.

You guys sound like you know what your talking about. I got in way over my head and was drowning. Thanks for helping out by throwing me a life preserver.

[bob jenkins]

Originally Posted by BillyMac

You guys sound like you know what your talking about. I got in way over my head and was drowning. Thanks for helping out by throwing me a life preserver.

Next time you're in a hole, stop digging.

[BillyMac]

Originally Posted by bob jenkins

Next time you're in a hole, stop digging.

I didn't realize that the hole (or the water) was that deep until it was too late.

[BillyMac]

Now that I'm retired from my day job, I go from home to a game, and back home. I'm told that I can now deduct every single round trip mile as a business expense.

For those who may go to a game from their day job, is it true that one may not be able to deduct all their game mileage?

[Altor]

Let me premise: I am not a tax accountant/lawyer/etc. I prepare my own taxes and everything I do in that regard is based on publications coming directly from the IRS.

Originally Posted by BillyMac

Now that I'm retired from my day job, I go from home to a game, and back home. I'm told that I can now deduct every single round trip mile as a business expense.

Careful here. Publication 463 says travel from home to any work location is NEVER deductible, though it also references that you may have an "Office in the home" (rules of which are layed out in publication 587) which could make this mileage deductible.

For those who may go to a game from their day job, is it true that one may not be able to deduct all their game mileage?

This mileage between job sites should be deductible (Publication 463), but the travel back home after the game is not.
https://www.irs.gov/publications/p46...blink100033930

[BillyMac]

Originally Posted by Altor

Publication 463 says travel from home to any work location is NEVER deductible,

My accountant claims that while normal commuting miles traveling back and forth to the same workplace every day are never deductible (the guy who works in a factory), miles traveled to a variety of workplaces by self employed individuals (like basketball officials) are always fully deductible.

If he's wrong, then we're both going to prison.

[BillyMac]

Originally Posted by Altor

This mileage between job sites should be deductible (Publication 463), but the travel back home after the game is not.

So if I commute twenty-five miles to my day job, travel only one mile from my day job to a game site near my day job workplace, and then travel twenty-six miles from the game site back home, I can only deduct one mile for business travel expenses?

Sounds familiar, maybe that's why my accountant would always ask me, "So, BillyMac, you always travel from work to home to feed the cat and pick up your bag and only then travel to the game. Right BillyMac?" (wink, wink, pointed finger in chest).