IRS help

boiseball · #1 (**permalink**) Sun Feb 11, 2007, 10:35pm

Okay guys, I need tax advise. In as much detail as you feel comfortable giving, how do you handle your referee income and deductions. Specifically, what expenses can you claim and how do you calculate them and keep track of them efficiently and accurately. I have not been doing a good enough job with this, and my day job has finally gotten to the point where I care a whole lot more. I appreciate your help with this. All tricks of the trade are welcome.

mplagrow · #2 (**permalink**) Sun Feb 11, 2007, 10:37pm

Track your mileage to and from games, I believe the current rate is 48 cents a mile. Any equipment (whistle, shirt, shoes) and association fees are deductible.

I remember having a discussion with somebody on this forum trying to sell that his gym membership kept him in shape for officiating. Thin ice if you ask me.

zebraman · #3 (**permalink**) Sun Feb 11, 2007, 10:42pm

Quote:

Originally Posted by boiseball

Okay guys, I need tax advise. In as much detail as you feel comfortable giving, how do you handle your referee income and deductions. Specifically, what expenses can you claim and how do you calculate them and keep track of them efficiently and accurately. I have not been doing a good enough job with this, and my day job has finally gotten to the point where I care a whole lot more. I appreciate your help with this. All tricks of the trade are welcome.

I'm not accountant, but I have been told that expenses you can deduct with "no worries" are things that are directly related to your officiating. For instance, camp fees and uniforms etc. Gym memberships are not allowable because you might join the gym even if you didn't ref.

AFHusker · #4 (**permalink**) Mon Feb 12, 2007, 01:04am

Quote:

Originally Posted by boiseball

Okay guys, I need tax advise. In as much detail as you feel comfortable giving, how do you handle your referee income and deductions. Specifically, what expenses can you claim and how do you calculate them and keep track of them efficiently and accurately. I have not been doing a good enough job with this, and my day job has finally gotten to the point where I care a whole lot more. I appreciate your help with this. All tricks of the trade are welcome.

I keep a spreadsheet with all income and expenses. Along with the other deductible items already mentioned I believe you can claim liability insurance.

Eastshire · #5 (**permalink**) Mon Feb 12, 2007, 02:15pm

As far as uniforms go you should be able to deduct your striped shirt. Your pants and shoes most likely are not deductable. Deductions for uniforms are only allowed if the uniform cannot be worn for any other purpose. Since the shirt really can't be worn for any other purpose, you can deduct it. However, black pants and black shoes can be worn for non-business purposes and are not deductible.

WhistlesAndStripes · #6 (**permalink**) Mon Feb 12, 2007, 02:20pm

I respectfully disagree. My patent leathers are used exclusively for refereeing, and I'm deducting them. Same with those awful polyester beltless pants.

On a side note. The Mileage rate just went to 48.5 cents per mile on January 1. During 2006, the rate was 44.5 cents per mile.

ToGreySt · #7 (**permalink**) Mon Feb 12, 2007, 02:21pm

Quote:

Originally Posted by Eastshire

As far as uniforms go you should be able to deduct your striped shirt. Your pants and shoes most likely are not deductable. Deductions for uniforms are only allowed if the uniform cannot be worn for any other purpose. Since the shirt really can't be worn for any other purpose, you can deduct it. However, black pants and black shoes can be worn for non-business purposes and are not deductible.

where I'm gonna wear my black patent "leather" (read as PLASTIC) sneakers is a mystery to me

GonetoRef · #8 (**permalink**) Mon Feb 12, 2007, 02:25pm

How about deducting a navigation device??? Some of the places I'm sent to is off the beaten track and a GPS is necessary to find the schools.

Damian · #9 (**permalink**) Mon Feb 12, 2007, 02:41pm

If you go straight milage, I would say you cannot deduct your GPS. However, if you calculate your deduction as a percentage of your vehicle (15% of all miles go to ref games and camps), then all vehicle costs are deductible using that percentage. You get a better deal using straight mileage. The reason its so high is to incorporate repairs, tires, gas, and things like a gps.

WhistlesAndStripes · #10 (**permalink**) Mon Feb 12, 2007, 03:11pm

Quote:

Originally Posted by GonetoRef

How about deducting a navigation device??? Some of the places I'm sent to is off the beaten track and a GPS is necessary to find the schools.

This one is a bit of a stretch in my book.

Big2Cat · #11 (**permalink**) Mon Feb 12, 2007, 03:14pm

Good question as I bought mine soley for officiating (but now use it for other things as well).

WhistlesAndStripes · #12 (**permalink**) Mon Feb 12, 2007, 03:32pm

Quote:

Originally Posted by Big2Cat

Good question as I bought mine soley for officiating (but now use it for other things as well).

Geocaching?"

jcarter · #13 (**permalink**) Mon Feb 12, 2007, 03:42pm

You can write off uniforms, Pants, shirts, shoes socks, compresion items
You can write off milage, there are two different ways to do it. Keeping track of miles is easiest though.
You can write off meals that are related to what you do, if it is a meeting with an assignor, AD or another official.
You can write off an area of your house if you have a home office for officiating. Along with that you can also write off part of your utilities also.
You can write off your cell phone, if it is used for your officiating needs.
You can write off ( depresiate) computers, PDA's, navigation equipment, Fax machines. Most any electronic device that you use for officiating.

Licenses, Memberships, clinics. As long as it has to do with your business.

You have to remeber that, even though most of us dont look at it this way, the government looks at us as a business. So anything used to help you run your business you can write off or partially write off. As long as you can document it.

I use Online Turbo Tax when i do my taxes, it works well for taking you through step by step of schedule C for an at home business.

As for income, Parks and such will generally send you a 1099 form. Schools generally issue you a check and you should keep track of those. If you ae paid in cash you are suppose to turn that in. Although i know some guys that dont. To me it is not worth the risk of not turning it in.

Eastshire · #14 (**permalink**) Mon Feb 12, 2007, 04:52pm

Quote:

Originally Posted by Whistles & Stripes

I respectfully disagree. My patent leathers are used exclusively for refereeing, and I'm deducting them. Same with those awful polyester beltless pants.

On a side note. The Mileage rate just went to 48.5 cents per mile on January 1. During 2006, the rate was 44.5 cents per mile.

Hey, feel free to disagree. I'm just an accountant.

2007 U.S. Master Tax Guide by CCH Publishing (The tax bible as far as many accountant's are concerned) "The cost and upkeep of a uniform, including laundering and cleaning, are deductible only if the uniform is required as a condition of employment and is not adaptable to general wear."

The pants may be ugly but I'd lay odds that the IRS will find them to be adaptable to general wear. It's not how you use it; it's how it can be used.

jeffpea · #15 (**permalink**) Mon Feb 12, 2007, 07:50pm

I've been told by several people (and maybe even seen an article in Referee Magazine) that your mileage from work to the game site CANNOT be deducted, but the mileage from the game site to your home CAN be deducted. Either way, I would definitely check w/ an tax accountant as some of the suggestions listed previously seem to be liberal interpretations (from what I know) of the allowable deductions.....