Quote:
Originally Posted by Mark T. DeNucci, Sr.
I read through the instructions and boy does my brain hurt. Bur from what I could decipher is that officiating income is not Qualified Business Income because income from athletics is an exception to the Qualified Businesses.
MTD, Sr.
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For what it's worth, HR Block Online offered me the 20% deduction for my consulting income (which I expected NOT to be a qualified business) but not for my umpiring income. I don't have the NAICS code I used immediately in front of me.
That said, between mileage, flights, laundry, registration fees, and uniform purchases, over 80% of my umpiring money got expensed. I'll have to look into this gig and see if I actually make anything next year.
Sat Mar 16, 2019, 03:30pm
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