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Unread 13-03-2009, 13:48
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Elgin Clock Elgin Clock is offline
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AKA: the one who "will break into your thoughts..."
FRC #0237 (Black Magic)
Team Role: Mentor
 
Join Date: May 2001
Rookie Year: 2001
Location: H20-Town, Connecticut
Posts: 7,773
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Filing taxes & volunteering - what to keep track of?

I just filed my taxes last night, & I know that you can "write-off" certain expenses while vounteering - although I haven't ever done this.

What kinds of things can you "write-off" while volunteering within the FIRST community?

What kind of records are needed?

Are there certain IRS forms you can use as a guide?

What counts as volunteering?
  • Volunteering time on your team - the expenses associated with that (gas mileage, etc...)?
  • Competition volunteering efforts - travel (airfare/gas mileage) expenses, hotel expenses??
  • Off-seasons - hotel/travel expenses out of your own pocket?
Just wondering if anyone has done this kind of tax paperwork or filing status before & had any tips?

Post here what counts if you have experience with this, or just send me a PM.

Thanks!
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The influence of many leads to the individuality of one. - E.C.C. (That's me!!)


Last edited by Elgin Clock : 13-03-2009 at 13:51.
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