Tax Time

[Scooby]

I am planning on doing my own taxes this year using turbotax. would any one know which product will work for an official? Deluxe, Premier or Home and Business?

[WhistlesAndStripes]

Originally Posted by Scooby

I am planning on doing my own taxes this year using turbotax. would any one know which product will work for an official? Deluxe, Premier or Home and Business?

They'll all work.

[bob jenkins]

AS long as the product has a schedule C (and SE), you're all set.

[Scooby]

Thanks a lot.

[chapmaja]

Originally Posted by bob jenkins

AS long as the product has a schedule C (and SE), you're all set.

I have used turbotax for my taxes in recent years.

It can get complicated when doing taxes as an official. I know some officials who simply claim the money earned as additional income, and pay the taxes on it. I know others (myself included) who claim their officiating income as a business and as a result pay SE taxes (but also have a much easier time claiming deductions).

[JeffM]

I am using TaxAct for my taxes.

I am asked to input the following:

Business miles driven during 2015:

Commuting miles (not deductible):

Other personal miles (not deductible):

I drove about 400 extra miles for games. I drove about 10,000 miles for my 8-5 job and an extra 8,000 miles for other stuff.

On the slides that follow, I get asked questions about how much money I paid in interest.

Should I put "0" for commuting miles and "18,000" for other personal miles. Or, should I put "10,000" for commuting miles and "8,000" for personal miles?

I'm just trying to do it right; I'm not trying to figure out how to pay the least taxes.

Thanks!

[JeffM]

Thanks to all who contributed to the old threads. I was reading through the old threads and came across this link:

https://www.irs.gov/publications/p46...blink100033930

What I am now planning to do is the following:

Weekdays without games: Home -> Work -> Home = Personal Miles

Weekends with games: Home -> Gym -> Home = Commuting Miles

Weekdays with games: Home -> Work = Commuting Miles
Work -> Gym = Business Miles
Gym -> Home = Commuting Miles

Does that make sense?

Another Questions: I got paid in March 2015 for games worked from Dec 2014 to March 2015. I got paid in Nov 2015 for games worked from March 2015 to Oct 2015. Should I deduct miles from Dec 2014 through Nov 2015 (I think so) or from Jan 2015 though Dec 2015?

[WhistlesAndStripes]

Originally Posted by JeffM

I am using TaxAct for my taxes.

I am asked to input the following:

Business miles driven during 2015:

Commuting miles (not deductible):

Other personal miles (not deductible):

I drove about 400 extra miles for games. I drove about 10,000 miles for my 8-5 job and an extra 8,000 miles for other stuff.

On the slides that follow, I get asked questions about how much money I paid in interest.

Should I put "0" for commuting miles and "18,000" for other personal miles. Or, should I put "10,000" for commuting miles and "8,000" for personal miles?

I'm just trying to do it right; I'm not trying to figure out how to pay the least taxes.

Thanks!

I try to achieve both of these things.