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ChuckElias Thu Apr 08, 2004 01:04pm
Schedule C
 
I usually pay somebody to do my taxes, but I thought it'd be relatively easy this year, so I'm doing it on my own for the first time in a long time. I'm guessing that most of us who report our officiating fees do so on Schedule C of the 1040. Am I right so far?

If so, what "code" do you enter on line B of Schedule C? That code is supposed to categorize your type of business, and there's about 3 pages of codes to choose from in the instruction booklet. But I can't find anything that I'd consider close to "sports official". Do you just use "999999" (unable to classify)? Or is there an appropriate code there and I'm not seeing it?

Any help?

ocreferee Thu Apr 08, 2004 02:53pm
Re: Schedule C
 
Quote:
Originally posted by ChuckElias

If so, what "code" do you enter on line B of Schedule C? That code is supposed to categorize your type of business, and there's about 3 pages of codes to choose from in the instruction booklet. But I can't find anything that I'd consider close to "sports official". Do you just use "999999" (unable to classify)? Or is there an appropriate code there and I'm not seeing it?

Any help?
I have always used "999999" I have never found anything better to choose from.

OCReferee

rainmaker Thu Apr 08, 2004 06:15pm
Re: Schedule C
 
Quote:
Originally posted by ChuckElias
I usually pay somebody to do my taxes, but I thought it'd be relatively easy this year, so I'm doing it on my own for the first time in a long time. I'm guessing that most of us who report our officiating fees do so on Schedule C of the 1040. Am I right so far?

If so, what "code" do you enter on line B of Schedule C? That code is supposed to categorize your type of business, and there's about 3 pages of codes to choose from in the instruction booklet. But I can't find anything that I'd consider close to "sports official". Do you just use "999999" (unable to classify)? Or is there an appropriate code there and I'm not seeing it?

Any help?
If I remember correctly, we talked about this a couple of years ago, and most people who read this board used 713900 "Other amusement adn recreation services, (including golf courses, skiing facilities, marinas, fitness centers, bowling centers, skating rinks, miniature golf courses)" or 711210 "Spectator sports (including professional sports clubs & racetrack operations)".

I use 711210. fwiw.

Dan_ref Thu Apr 08, 2004 08:07pm
Re: Schedule C
 
Quote:
Originally posted by ChuckElias
I usually pay somebody to do my taxes, but I thought it'd be relatively easy this year, so I'm doing it on my own for the first time in a long time. I'm guessing that most of us who report our officiating fees do so on Schedule C of the 1040. Am I right so far?

If so, what "code" do you enter on line B of Schedule C? That code is supposed to categorize your type of business, and there's about 3 pages of codes to choose from in the instruction booklet. But I can't find anything that I'd consider close to "sports official". Do you just use "999999" (unable to classify)? Or is there an appropriate code there and I'm not seeing it?

Any help?
Help? Well, you might start by looking at the code your tax guy used last year...

BTW, the code I use is 819274, Master of All I Survey

TPS2859 Fri Apr 09, 2004 09:24am
How about you hair cuts, one must look good when doing our job?

Mark Dexter Fri Apr 09, 2004 11:35am
Quote:
Originally posted by TPS2859
How about you hair cuts, one must look good when doing our job?
Mattingly! I thought I told you to trim those sideburns!

ChuckElias Fri Apr 09, 2004 11:56am
Re: Re: Schedule C
 
Quote:
Originally posted by Dan_ref
Well, you might start by looking at the code your tax guy used last year...
Wise-dexter! I tried that, but he didn't write in on my copy for some reason.

Mark Dexter Fri Apr 09, 2004 12:19pm
Re: Re: Re: Schedule C
 
Quote:
Originally posted by ChuckElias
Quote:
Originally posted by Dan_ref
Well, you might start by looking at the code your tax guy used last year...
Wise-dexter! I tried that, but he didn't write in on my copy for some reason.

Put it over a lightbulb - per IRS regulations, he's required to write that in in invisible ink. It's there.

Or, you could just give him a call and see what he used last year. Or (if you had enough time - perhaps after filing a 4868 - request for extention) you can get a copy of previous years' tax returns from the IRS.

brianp134 Mon Apr 12, 2004 06:47am
I forgot about haircuts, thx for the reminder.

Schradog Mon Apr 12, 2004 09:28am
Quote:
Originally posted by pizanno
My CPA says:

gym membership is deductible.

So is:
equipment for the gym (shoes, sweats, shirts,etc)
computer
internet fees
cable tv fee
newspaper/mag subscriptions
dr. visit co-pays

...anything related to, or adding value to your vocation.
Cable TV?? Isn't that a strech? If at all, I would think only a percentage of that is deductible. But I'll ask my accountant...


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