AAU Non Payment Issues

[silverpie]

Originally Posted by SE Minnestoa Re

Regarding being able to deduct the games as a donation, it's not going to happen. You cannot deduct time; only money and items of value. If you get paid you claim it; if you don't get paid you don't add it to your schedule C.

You can deduct out-of-pocket costs for a charitable event, though. (Mileage is only 14¢, though, not the 56½¢ for business mileage.)

Standard Mileage Rates for 2013 from irs.gov

[bob jenkins]

Originally Posted by silverpie

You can deduct out-of-pocket costs for a charitable event, though. (Mileage is only 14¢, though, not the 56½¢ for business mileage.)

Standard Mileage Rates for 2013 from irs.gov

True, but my assumption is that all the costs already were on the Schedule C and can't be deducted again.

[BayStateRef]

Let's not confuse things. An AAU tournament is not a charitable event...so none of those rules apply. This is a contract issue -- nothing more.