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Offline Bud1Bud

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Deductions Subject to the 2% Limit
« on: Feb 04, 2013, 11:44 »
OK I admit to being a barroom accountant (I complain about my taxes at the bar)
Can one of you experts please fill me in on what I am overlooking since I cant seem to exceed my 2% thresh hold on Job Expenses and Certain Miscellaneous Deductions (1040 Schedule A Lines 21 Unreimbursed employee expenses—job travel, union dues, job education, etc. and Line 28 Other Miscellaneous Deductions from list in instructions. List type and amount)

Theres got to be all kinds of expenses we have that are deductible.

So far I got:
Buying Scrubs
Cost of maintaining scrubs
Safety shoes (Boots)
A portion of my monthly internet service provider fees (Since I use it to look up NukeWorker ;D)
Cost of gas to drive to a conference that was held off-site.
Can I deduct the cost of driving to a golf tournament and my green fees etc since it helped me network at work? I think Mr. IRS should be ok with this. Right?
I know I cant write off the speeding ticket I got while driving there... I am a barroom accountant after all

Thanks



 

Offline Already Gone

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Re: Deductions Subject to the 2% Limit
« Reply #1 on: Feb 05, 2013, 11:42 »
Scrubs, uniforms, and work clothes are not deductible unless they are totally unusable outside of work.  The cost of maintaining them is also not deductible.
BUT, if you travel for work and pay for your laundry to be done while you are out of town, that is deductible.

The cost of the gas to drive to that conference is not deductible directly. You have to use standard mileage rates OR you can add up the total cost of owning and operating your car and deduct the percentage that is work related.  (ex. you put 10,000 miles on your car last year and the round-trip was 100 miles => you cand deduct 1% of the actual cost.  Actual cost does NOT include loan payments.  For that, you take the purchase price of the car and depreciate it over its useful life.  It is way easier to just use mileage $0.555/mile)

The boots are deductible if they are required for your job.

It internet service may be partially deductible as a job search expense.

The golf is not.
« Last Edit: Feb 06, 2013, 09:36 by Already Gone »
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Offline GLW

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Re: Deductions Subject to the 2% Limit
« Reply #2 on: Feb 05, 2013, 11:45 »
....The golf is not.

well, that would explain the audit,...

 ROFL ROFL ROFL ROFL ROFL ROFL ROFL

been there, dun that,... the doormat to hell does not read "welcome", the doormat to hell reads "it's just business"

Offline traveltax

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Re: Deductions Subject to the 2% Limit
« Reply #3 on: Feb 05, 2013, 05:32 »
OK I admit to being a barroom accountant (I complain about my taxes at the bar)
Can one of you experts please fill me in on what I am overlooking since I cant seem to exceed my 2% thresh hold on Job Expenses and Certain Miscellaneous Deductions (1040 Schedule A Lines 21 Unreimbursed employee expenses—job travel, union dues, job education, etc. and Line 28 Other Miscellaneous Deductions from list in instructions. List type and amount)

Theres got to be all kinds of expenses we have that are deductible.

So far I got:
Buying Scrubs
Cost of maintaining scrubs
Safety shoes (Boots)
A portion of my monthly internet service provider fees (Since I use it to look up NukeWorker ;D)
Cost of gas to drive to a conference that was held off-site.
Can I deduct the cost of driving to a golf tournament and my green fees etc since it helped me network at work? I think Mr. IRS should be ok with this. Right?
I know I cant write off the speeding ticket I got while driving there... I am a barroom accountant after all

Thanks



 

Even then, you still have to accumulate enought to itemize

Joseph Smith EA/MS Tax
Enrolled Agent, Admitted to Practice Before the IRS
TravelTax TravelTax Canada
www.traveltax.com info@traveltax.com

 


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