Tax write offs

[Mark T. DeNucci, Sr.]

Here is a short list of deductions for officiating for this year's Schedule C:

Lines 1, 3, 5, and 7: These lines all should be the same; the total amount of game fees for the year.


Now for the deductions:

Line 9: Automobile expenses including: mileage, parking, and toll road fees.

Line 15: Insurance: liability, game fee loss protection, and suplemental health insurance that is specific for officiating injuries only.

Line 16b: Interest: If you are making payments on the automobile you use for officiating, you can pro-rate the amount of interest that you paid for the year on the car loan.

Line 17: Legal and professional services: Lawyers' fees, accountant fees, any out of pocket medical expenses that are related to your officiating that is not covered by your primary health care insurance or your supplimental medical insurance (for sports officiating only).

Line 20a: Automobile rental.

Line 21: Repairs and maintenance.

Line 22: Supplies.

note: For Lines 21 and 22, one should check the Schedule C instructions.

Lines 24a and 24b: These lines are self-explainatory. Check with the Schedule C instructions.

Line 27 and 48:

membership dues (officials' associations)
registrations fees (StateHSAA, FIBA, ASA, USSSA, etc.)
assingnors fees
uniforms
laundry/drycleaning
postage
education
publications


MTD, Sr.

[jmaellis]

I've used H&R Block software for the past couple of years to complete my Schedule C. I've found that their explanations regarding what can/can't be deducted to be fairly straight forward and easy to follow. When all is said and done I paid about $14 in self employment tax.

I didn't receive a single 1099 last year, but I reported ALL my referee income. In turn I took all the credits/deductions that were allowed and still came out okay. It's much better to just report it properly and take the deductions than to not report the income (and since you didn't report the income you can't claim the deductions) and risk and audit.

[Bearfanmike20]

Originally Posted by jmaellis

I've used H&R Block software for the past couple of years to complete my Schedule C. I've found that their explanations regarding what can/can't be deducted to be fairly straight forward and easy to follow. When all is said and done I paid about $14 in self employment tax.

I didn't receive a single 1099 last year, but I reported ALL my referee income. In turn I took all the credits/deductions that were allowed and still came out okay. It's much better to just report it properly and take the deductions than to not report the income (and since you didn't report the income you can't claim the deductions) and risk and audit.

I will be doing this as well... Most of my counterparts give me this look like "are you crazy", but I am the epitomy of murphys law so... I'll report, but I will also claim my office space at home, and my laptop that I bought this year.