Uncle Sam & Apr 15

[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?

[ocreferee]

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]

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]

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]

How about you hair cuts, one must look good when doing our job?

[Mark Dexter]

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]

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]

Originally posted by ChuckElias

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]

I forgot about haircuts, thx for the reminder.

[Schradog]

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...