Discussion:Reporting Police Reserve Reimbursement/Stipend
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Discussion Forum Index --> Advanced Tax Questions --> Reporting Police Reserve Reimbursement/Stipend
Discussion Forum Index --> Tax Questions --> Reporting Police Reserve Reimbursement/Stipend
Etax004@gamil.com (talk|edits) said: | 22 February 2009 |
| Hello,
I have a client who works as a volunteer for the police department on the weekends. He receives a stipend of $600 a year for going out 2 weekends a month. He said the money is given to him for dry cleaning uniforms, range time, etc. The form is not a W2 or 1099. It states the city, vendor name and vendor #, check amount and for description it says RESERVE OFCR REIMB. Would I do a Sch C and deduct his expenses, report as Other Income, not report this at all, or something else, Please advise. Thank you. | |
| 22 February 2009 | |
| I think the technically correct answer is to put it on Sch. C and deduct the expenses. I probably wouldn't take a loss on Sch. C since this would probably be considered a hobby by the IRS, given that your client is volunteering and presumably has a full time job Monday - Friday. Since he is a volunteer, if his expenses exceed his reimbursements, I would consider a charitable contribution deduction on Sch. A. | |
| 22 February 2009 | |
| This is not income it is a reimbursement for expenses. I would do a 2106 for expenses and deduct this there. taxea | |
Rgtaxservice (talk|edits) said: | 22 February 2009 |
| If the $600 is a reimbursement for expenses, why deduct it from a 2106? He's a volunteer. | |
| 22 February 2009 | |
| Volunteers have expenses...dry cleaning uniforms, range time, etc.
taxea | |
Rgtaxservice (talk|edits) said: | 22 February 2009 |
| But he seems to be reimbursed for those expenses. | |
Etax004@gamil.com (talk|edits) said: | 22 February 2009 |
| Yes, $600 stipend is for cleaning uniforms, range time, etc. He has receipts for range time and related expenses. | |
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