And if you add "the" to "irs" you get "Theirs". ;)

Fiscal year 2010 was the 29th year that I have filed a Schedule C for officiating. I deduct the following items:

1) Mileage
2) Parking
3) Toll road fees
4) Game fee insurance fee policies that I pay for myself (i.e., NASO).
5) Interest on the car loan for the vehicle I use for officiating; this is not covered by your mileage deduction and is pro-rated based upon the number of miles you drive to officiate.
6) Legal fees (:D)
7) Vehicle rental
8) Repairs/maintence of equipment (repair shoes, chest protector, etc.)
9) Stationary supplies.
10) Travel (motel and hotel)
11) Meals
12) Long distance phone calls (that is a quaint one nowadays)
13) Membership dues
14) Registration fees
15) Assigners fees
16) Uniforms
17) Equipment
18) Laundry/drycleaning
19) Postage
20) Publications
21) Education

MTD, Sr.

No hookers and blow (also known as the Charlie Sheen deduction)?

Mtd sr
 

So, assuming all your deductions are legal...do you show a profit or loss?

If you ask nicely, he may fax you his 1040.

Who is nicely?

mbyron, Jr.

Shirley you see my point
 

which is, if we can legitimately show a loss...think about it..we are doing it just for fun and of course a little exercise, gettn out of the house, camaraderie, and some etc here probably.

Check with your local tax professional, but my understanding is that you can only show a loss so many years in a row. I'm not sure of that, nor am I sure of what the consequences are.

You have to show a profit at least some of the years, (something like 2 out of the last 5?) otherwise the "business" becomes a "hobby". You would still need to report the income, but you cannot deduct any expenses because they would not be related to a "business".

Some years, I did show a profit. Not the first couple of years because of uniform expenses and such. But once I got moved up to a varsity schedule, the income ended up exceeding the expenses. Last couple of years have had more mileage due to the number of meetings attended, but the losses are not huge. I suspect 2011 will show a modest profit.

In LA, I suspect, that hobbyists rule the day.:p

I am so glad after skimming this thread that I don't have to declare my officiating income.

Have fun.

Will you declare mine? :D

Oh Canada ...
 

Don't have to, or just don't? I'm not familiar with Canadian tax laws.

We usually capitalize the R when referring briefly to the Old One.

My son is starting baseball this spring, but he's not Jr.

And how the heck did I get drawn into this? I feel like M&M now. :mad: