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  #1 (permalink)  
Old Tue Feb 22, 2011, 02:33pm
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Tax Return

In the process of working on my taxes for the year and wondered what type of expenses do others on here deduct?? No! This is not an IRS Agent
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Old Tue Feb 22, 2011, 02:36pm
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well, bob apparently deducts the costs for his crack and whores.
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Old Tue Feb 22, 2011, 02:40pm
Ok is the new good
 
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Originally Posted by Snaqwells View Post
well, bob apparently deducts the costs for his crack and whores.
I meant BASKETBALL REFEREE Related..Ha ha
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Old Tue Feb 22, 2011, 02:48pm
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The IRS is pretty explicit about allowable deductions. For me it's uniforms, shoes, equipment, State and local association dues, mileage when not reimbursed, and any camp fees.
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Old Tue Feb 22, 2011, 02:51pm
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Originally Posted by The_Rookie View Post
In the process of working on my taxes for the year and wondered what type of expenses do others on here deduct?? No! This is not an IRS Agent
First of all, I would highly recommend contacting a tax professional for the absolute best information on this subject.

Some of the things that I track are:

- mileage to and from assignments (minus anything you are reimbursed for)
- cost of uniforms and supplies
- cleaning of uniforms
- any dues/assignor fees that you pay
- any officiating related subscriptions (ie Referee Magazine)
- any camp fees
- lodging you pay for while attending camps
- cost of any officiating related insurance that you purchase
- meals eaten to or from assignments (this gets tricky as to what qualifies)
- If you do any contests for free (ie Special Olympics), that could be
considered a charitable donation
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Old Tue Feb 22, 2011, 02:56pm
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Originally Posted by dsqrddgd909 View Post
The IRS is pretty explicit about allowable deductions. For me it's uniforms, shoes, equipment, State and local association dues, mileage when not reimbursed, and any camp fees.
You can deduct mileage even when reimbursed, just be sure to include the reimbursement in your income.
Note that not every area reimburses the full rate or even all the miles.

Here, we're given an extra $2 per trip within town, and you can be sure I'm not going to skip deducting a 15 mile trip in return for a $2 stipend.
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Old Tue Feb 22, 2011, 03:08pm
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Originally Posted by Snaqwells View Post
You can deduct mileage even when reimbursed, just be sure to include the reimbursement in your income.
Note that not every area reimburses the full rate or even all the miles.

Here, we're given an extra $2 per trip within town, and you can be sure I'm not going to skip deducting a 15 mile trip in return for a $2 stipend.
Thanks Snaq!
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Old Tue Feb 22, 2011, 03:42pm
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Quote:
Originally Posted by Snaqwells View Post
You can deduct mileage even when reimbursed, just be sure to include the reimbursement in your income.
Note that not every area reimburses the full rate or even all the miles.

Here, we're given an extra $2 per trip within town, and you can be sure I'm not going to skip deducting a 15 mile trip in return for a $2 stipend.
This is how my tax pro does it as well. She adds any mileage reimbursement as part of my officiating income and I then deduct all mileage.

I don't personally bother deducting things like meals (unless for an overnight clinic, camp), cell phone, internet or even basic laundry costs. I like to keep things simple.

I will deduct:

-Local/State Dues
-NASO Membership fees (listed as insurance on the Schedule C)
-Assigner's fees
-Mileage
-Uniforms / equipment
-Tailoring expenses
-Clinic fees and related lodging and meals
-Any volunteer assignments such as Special Olympics

As a friendly reminder, be sure to claim all officiating income, not just what you receiver a 1099 for.
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Old Tue Feb 22, 2011, 04:50pm
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Quote:
Originally Posted by Welpe View Post
This is how my tax pro does it as well. She adds any mileage reimbursement as part of my officiating income and I then deduct all mileage.

I don't personally bother deducting things like meals (unless for an overnight clinic, camp), cell phone, internet or even basic laundry costs. I like to keep things simple.

I will deduct:

-Local/State Dues
-NASO Membership fees (listed as insurance on the Schedule C)
-Assigner's fees
-Mileage
-Uniforms / equipment
-Tailoring expenses
-Clinic fees and related lodging and meals
-Any volunteer assignments such as Special Olympics

As a friendly reminder, be sure to claim all officiating income, not just what you receiver a 1099 for.
Are "honey do" items in exchange for sewing on patches [tailoring] somehow deductible?
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Old Tue Feb 22, 2011, 04:54pm
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Quote:
Originally Posted by 26 Year Gap View Post
Are "honey do" items in exchange for sewing on patches [tailoring] somehow deductible?
"Mr. Gap, I see you've deducted potting soil, lawn fertilizer, and granite countertops from your officiating income. Why?"

"That's the price my wife charged me to tailor my pants and sew on my patches."
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Old Tue Feb 22, 2011, 05:32pm
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Old Tue Feb 22, 2011, 05:49pm
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Quote:
Originally Posted by Snaqwells View Post
well, bob apparently deducts the costs for his crack and whores.
It was a pleasure debating with you, Snaqs.
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Old Tue Feb 22, 2011, 05:57pm
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When?
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Last edited by Adam; Tue Feb 22, 2011 at 06:00pm.
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Old Tue Feb 22, 2011, 06:02pm
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Quote:
Originally Posted by 26 Year Gap View Post
Are "honey do" items in exchange for sewing on patches [tailoring] somehow deductible?
Probably does not apply if your tailor lives under the same roof.
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Old Tue Feb 22, 2011, 06:25pm
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Quote:
Originally Posted by Welpe View Post
Probably does not apply if your tailor lives under the same roof.
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