The Official Forum  

Go Back   The Official Forum > Basketball

Reply
 
LinkBack Thread Tools Rate Thread Display Modes
  #1 (permalink)  
Old Wed Jan 19, 2005, 09:14pm
Official Forum Member
 
Join Date: Jun 2004
Posts: 566
Send a message via AIM to brandan89 Send a message via Yahoo to brandan89
Exclamation

I know it vary's from state to state, but I am not 100% sure of how it works. How does it work for you in your state? Is there a certain amount to make? Does the school report you, or do you have to do it?

Sorry, yes I am talking about taxes, I just realized that I didnt put it in there.

As far as reporting us, what I mean is do they send to the state how much they pay us, or do we have to do it.

[Edited by brandan89 on Jan 19th, 2005 at 09:28 PM]
__________________
Brandan M. Trahan
Lafayette, LA
Reply With Quote
  #2 (permalink)  
Old Wed Jan 19, 2005, 09:21pm
Do not give a damn!!
 
Join Date: Jun 2000
Location: On the border
Posts: 30,463
By law you have to report everything you make. I am going to assume that you are an independent contractor. It might be safe to assume that you are not going to make over $600 for one school. Only then does a school have to report the amount to who they pay. Officiating is a business, so everything you make and everything you put into it can be a write off on your taxes. Not sure what you are looking for.

Peace

[Edited by JRutledge on Jan 19th, 2005 at 09:41 PM]
__________________
Let us get into "Good Trouble."
-----------------------------------------------------------
Charles Michael “Mick” Chambers (1947-2010)
Reply With Quote
  #3 (permalink)  
Old Wed Jan 19, 2005, 09:32pm
Official Forum Member
 
Join Date: Jun 2004
Posts: 566
Send a message via AIM to brandan89 Send a message via Yahoo to brandan89
I edited it.
__________________
Brandan M. Trahan
Lafayette, LA
Reply With Quote
  #4 (permalink)  
Old Wed Jan 19, 2005, 09:43pm
Official Forum Member
 
Join Date: Sep 2000
Location: Just north of hell
Posts: 9,250
Send a message via AIM to Dan_ref

Brandan,

Don't cheat on your taxes. Report all income. Take every deduction & loophole that is legally yours. At your age I'm sure we're not talking about a lot of money and cheating on taxes is a very bad habit to get into.

I use Turbo Tax and report my officiating income/expenses on schedule C. You'll be surprised how many legitimate expenses there are to offset your officiating income.
Reply With Quote
  #5 (permalink)  
Old Wed Jan 19, 2005, 09:46pm
Official Forum Member
 
Join Date: Jun 2004
Posts: 566
Send a message via AIM to brandan89 Send a message via Yahoo to brandan89
The guy who schedules my games only schedule school games. I get my own summer league games and childrens league games. Can i report them all together?
__________________
Brandan M. Trahan
Lafayette, LA
Reply With Quote
  #6 (permalink)  
Old Wed Jan 19, 2005, 09:53pm
Official Forum Member
 
Join Date: Sep 2000
Location: Just north of hell
Posts: 9,250
Send a message via AIM to Dan_ref
Quote:
Originally posted by brandan89
The guy who schedules my games only schedule school games. I get my own summer league games and childrens league games. Can i report them all together?
Yes you can & should.

Keep an account of the games, income & expenses per game, regardless of whether you submit your SS# and get a check or you get cash under the table. If you make over a certain amount with a particular organization you (and the government) will get a 1099 form but this form doesn't get filed as I recall.

Reply With Quote
  #7 (permalink)  
Old Wed Jan 19, 2005, 09:58pm
Official Forum Member
 
Join Date: Dec 2001
Posts: 198
Dan,

What are deductions and loopholes are you referring to?
Reply With Quote
  #8 (permalink)  
Old Wed Jan 19, 2005, 10:02pm
Official Forum Member
 
Join Date: Sep 2000
Location: Just north of hell
Posts: 9,250
Send a message via AIM to Dan_ref
Quote:
Originally posted by ReadyToRef
Dan,

What are deductions and loopholes are you referring to?
I am not an expert but things such as travel from work to game site, camps, uniforms, association dues, educational material, etc.
Reply With Quote
  #9 (permalink)  
Old Wed Jan 19, 2005, 10:02pm
Official Forum Member
 
Join Date: Aug 2000
Posts: 14,616
Quote:
Originally posted by ReadyToRef
Dan,

What are deductions and loopholes are you referring to?
Uniforms
Equipment
Fees
Insurance premiums
Professional publications
Reply With Quote
  #10 (permalink)  
Old Thu Jan 20, 2005, 12:39am
Official Forum Member
 
Join Date: Nov 2000
Location: Central Wisconsin
Posts: 1,069
Additional items not previously mentioned:

Rules software (and your tax preparation software and consultation fees, as well),
licensing fees,
Subscription to officiating.com
__________________
"Stay in the game!"
Reply With Quote
  #11 (permalink)  
Old Thu Jan 20, 2005, 10:01am
Official Forum Member
 
Join Date: Mar 2001
Location: Northern VA
Posts: 1,453
I get a Form 1099 from the treasurer of my association. It covers scholastic and rec earnings. We, or I guess I should say I, do not do any games that are not assigned by either the scholastic commissioner or the rec commissioner.
__________________
Never argue with an idiot. He will bring you down to his level and beat you with experience.
Reply With Quote
Reply

Bookmarks

Thread Tools
Display Modes Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Trackbacks are On
Pingbacks are On
Refbacks are On



All times are GMT -5. The time now is 08:55am.



Search Engine Friendly URLs by vBSEO 3.3.0 RC1