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wgargan Samba Member
Joined: September 21, 2002 Posts: 871 Location: Dreaming of the Rockies
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Posted: Thu Dec 11, 2008 6:46 am Post subject: taxes.. |
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Question for anyone... I have had to live away from home for the past year due to my work. Can I deduct the living expenses, rent, utilities, anything? its 85 miles from home, if that matters.
Any resources where i can look this up without paying $$$
thanks _________________ Current ride:
1983.5 Watercooled Vanagon 'L' Automatic transmission |
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iowa vw Samba Member
Joined: November 08, 2006 Posts: 588 Location: Los Angeles, CA 90036
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Posted: Thu Dec 11, 2008 6:51 am Post subject: |
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What kind of work do you do? It really matters what kind of fom you will be filing and recieving, w-2, 10-99? |
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wgargan Samba Member
Joined: September 21, 2002 Posts: 871 Location: Dreaming of the Rockies
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Posted: Thu Dec 11, 2008 7:07 am Post subject: |
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Ag research, w-2 and 1040 _________________ Current ride:
1983.5 Watercooled Vanagon 'L' Automatic transmission |
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iowa vw Samba Member
Joined: November 08, 2006 Posts: 588 Location: Los Angeles, CA 90036
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Posted: Thu Dec 11, 2008 7:23 am Post subject: |
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Ok, with a w-2 you are kind of screwed for deducting anything. I know for a fact that you we not going to be able to deduct anything for your personal vehicle, mileage or gas reciepts. You might be able to fall under some law about a second home for work puposes, so some (not all) of your expense might be able to be deducted. If you are planning on doing your own taxes I would suggest that you go talk to a competent tax man now before the end of the year and the start of the busy season. It may cost $100 or so but he will be able to tell you for your situation and state what and how much is deductable. Then he can show you the tax laws that you will fall under and you can do your own taxes and if the IRS or state has anything to saw then you have paper to fall back on. To truely know the answer one would have to see everything and what state but here is not the place for that.
W-2's are hard to work around. Everything that I do I get a 10-99 and everything I do or have that is remotely related to the job is deductable. |
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notchback Insensitive Jerk
Joined: December 16, 2003 Posts: 7024 Location: Behind the Zion Curtain
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Posted: Thu Dec 11, 2008 7:45 am Post subject: |
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Check with your accountant. If you don't have one, get one. _________________
zeen wrote: |
Arguing with johnnypan is like mud-wrestling a pig. After a while you realize he just enjoys playing in the mud, winning the contest is not the point. |
FU#3 |
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69 Jim Samba Member
Joined: September 27, 2004 Posts: 6264 Location: Chickengeorge's Neighbor
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Posted: Thu Dec 11, 2008 7:45 am Post subject: |
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I survived an extensive tax audit by the IRS. They have no sense of humor at all. Depending on what's at stake, professional advice is probably your best bet. It's great to know you have a professional to represent and handle your case if the situation arises.
As far as deductions go, you need to be very cautious. Many people on their own deduct everything they can and then at audit time find out it isn't accepted. You of course can appeal their decision in tax court, but remember tax attorneys are extremely expensive. |
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Gary Person of Interest
Joined: November 01, 2002 Posts: 17069 Location: 127.0.0.1
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Posted: Thu Dec 11, 2008 7:51 am Post subject: |
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notchback wrote: |
Check with your accountant. If you don't have one, get one. |
Getting tax advice on the InterWeb Thingy is perfectly fine. Have you seen what an experienced and knowledgeable tax accountant charges? _________________ West Virginia State Board of Education v. Barnette, 319 U.S. 624 (1943) |
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DeathBus WILD MAN!
Joined: February 29, 2004 Posts: 4384 Location: Birmingham, Alabama
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Posted: Thu Dec 11, 2008 7:53 am Post subject: |
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Yes vwgurgle said he didnt want to spend any cash looking this up. _________________ 65 Bus, 72 Bus, 63 bus, 98 Golf, 92 Cabrio, 71 Fasty
In the shop a 62 Bus and a 79 bus |
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wgargan Samba Member
Joined: September 21, 2002 Posts: 871 Location: Dreaming of the Rockies
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Posted: Thu Dec 11, 2008 8:09 am Post subject: |
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This is the first time and not the last were I have to work away from home. This was curiosity to see if I had options and if others had similar situations. I was not expecting the finest available tax advice on a VW site were many spend all they have$$ on a car that "has potential" . Just some pointers in a general direction...
thanks _________________ Current ride:
1983.5 Watercooled Vanagon 'L' Automatic transmission |
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Mike Fisher Samba Member
Joined: January 30, 2006 Posts: 17970 Location: Eugene, OR
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Posted: Thu Dec 11, 2008 8:10 am Post subject: |
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If you continued to pay rent/mortgage at home while paying motel/rent for your job it's deductible unless your employer paid you extra "per diem". _________________ https://imgur.com/user/FisherSquareback/posts
69 FI/AT square Daily Driver
66 sunroof,67,70,71,71,71AT,72,72AT,73 Parts
two 57 oval ragtops sold
'68 Karmann Ghia sold
Society is like stew. If you don't keep it stirred up you end up with a lot of scum on the top! - Russ_Wolfe/Edward Abbey |
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wgargan Samba Member
Joined: September 21, 2002 Posts: 871 Location: Dreaming of the Rockies
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Posted: Thu Dec 11, 2008 8:11 am Post subject: |
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Icy wrote: |
Have you seen what an experienced and knowledgeable tax accountant charges? |
I have not. I am 28 my wife is still in school, it was kind of not even on the radar. Is this something that important that would be worth utilizing for a single income? _________________ Current ride:
1983.5 Watercooled Vanagon 'L' Automatic transmission |
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djkeev Samba Moderator
Joined: September 30, 2007 Posts: 32625 Location: Reading Pennsylvania
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69 Jim Samba Member
Joined: September 27, 2004 Posts: 6264 Location: Chickengeorge's Neighbor
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Posted: Thu Dec 11, 2008 8:14 am Post subject: |
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Mike Fisher wrote: |
If you continued to pay rent/mortgage at home while paying motel/rent for your job it's deductible unless your employer paid you extra "per diem". |
"Well your Honor, I obtained most of my tax advice from the Samba".
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wgargan Samba Member
Joined: September 21, 2002 Posts: 871 Location: Dreaming of the Rockies
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Posted: Thu Dec 11, 2008 8:22 am Post subject: |
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djkeev wrote: |
Questions
Was it employer mandated or did you choose to live closer instead of commuting?
Self Employed "contractor" or employee?
If you said "no" to your employer would you have then been let go?
Did your employer at any time give you extra money for any travel or living expenses? If so, a wad of cash, a company check or a company credit card to use?
Did you move there and have the US Post Office deliver mail there or did you continue to get mail at Home?
Is "home" living with Mom and Dad in your old bedroom for free or are you married living on your own and left your "real" home and family behind?
Dave |
Before the hiring process I was asked if i could live in woodland, I said yes. I may not have a job If I lived at home.
employee
No compensation from employer to live near by.
Some mail is delivered here, important things like insurance, pay stub, voter registration is mailed home.
Home is with wife and on our own left her in Chico. We no no set in stone future of living situation. _________________ Current ride:
1983.5 Watercooled Vanagon 'L' Automatic transmission |
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Lee. Samba Animal Controller
Joined: December 22, 2003 Posts: 3079 Location: Denver, CO
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Posted: Thu Dec 11, 2008 8:25 am Post subject: |
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69 Jim wrote: |
Mike Fisher wrote: |
If you continued to pay rent/mortgage at home while paying motel/rent for your job it's deductible unless your employer paid you extra "per diem". |
"Well your Honor, I obtained most of my tax advice from the Samba".
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"Why did you deduct xxxx?"
"69Jim & Deathbus told me it was ok to do it"
"WTF?!" _________________ www.DenverWildlifeControl.com |
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Mike Fisher Samba Member
Joined: January 30, 2006 Posts: 17970 Location: Eugene, OR
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Posted: Thu Dec 11, 2008 8:26 am Post subject: |
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Deductible! _________________ https://imgur.com/user/FisherSquareback/posts
69 FI/AT square Daily Driver
66 sunroof,67,70,71,71,71AT,72,72AT,73 Parts
two 57 oval ragtops sold
'68 Karmann Ghia sold
Society is like stew. If you don't keep it stirred up you end up with a lot of scum on the top! - Russ_Wolfe/Edward Abbey |
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DeathBus WILD MAN!
Joined: February 29, 2004 Posts: 4384 Location: Birmingham, Alabama
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Posted: Thu Dec 11, 2008 8:28 am Post subject: |
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I have heard Mixed drinks and lap dances are deductable. _________________ 65 Bus, 72 Bus, 63 bus, 98 Golf, 92 Cabrio, 71 Fasty
In the shop a 62 Bus and a 79 bus |
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wgargan Samba Member
Joined: September 21, 2002 Posts: 871 Location: Dreaming of the Rockies
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Posted: Thu Dec 11, 2008 8:29 am Post subject: |
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Mike Fisher wrote: |
Deductible! |
Sweet, So I can deduct $9000 this year. Man I will have a sweet return this year _________________ Current ride:
1983.5 Watercooled Vanagon 'L' Automatic transmission |
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ChesterKV Samba Member
Joined: February 07, 2005 Posts: 1725 Location: El Cerrito, CA
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Posted: Thu Dec 11, 2008 9:05 am Post subject: |
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Taxes ?
- Chester _________________ 1984 Wolfsburg 7-passenger stock sunroof
1992 Subaru Legacy EJ22 boxer motor installed.... van is now sold.... currently playing with a 1987 Toyota MR2 with 1.6 liter twin-cam motor. Better than the Subaru boxers....... I'm impressed. Well, okay, in an "apples and oranges" kind of way. |
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melville Samba Member
Joined: August 09, 2006 Posts: 1246 Location: Just Outside the Redwood Curtain
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Posted: Thu Dec 11, 2008 9:16 am Post subject: |
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wgargan wrote: |
Mike Fisher wrote: |
Deductible! |
Sweet, So I can deduct $9000 this year. Man I will have a sweet return this year |
Are you itemizing otherwise? The gov't figures you and your wife spent ~$11K on that stuff already. Do you own or rent your home in Chico? Also, IF your Woodland expenses are deductible, they are only deductible to the extent that they exceed 2% of your Adjusted Gross Income. _________________ 2000 M Roadster
79 R100RS
78 R100/7
75 R75/6
65 Standard Micro
57 Sedan |
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