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Question about travel per diem

mommotwo

Posted 1:06 pm, 09/15/2014

Are you a CPA, Umpire?

Umpire

Posted 1:05 pm, 09/15/2014

LISTEN STUPIDARSE, I HAVE FILLED TAX RETURNS OUT FOR PEOPLE FOR THE LAST FORTY-TWO YEARS AND HAVEN'T BEEN QUESTIONED BY THE IRS.

NOW IF YOUR IGNORANT ARSE WANTS TO ARGUE ABOUT SOMETHING, DO IT ON SOMETHING YOU HAVE A LITTLE EXPERIENCE AT.

mommotwo

Posted 12:57 pm, 09/15/2014

Yes DUMMY it is. Joseph was talking about tools and tools were listed....so what does it matter if this thread wasn't about tools and supplies. Jerk. It also said....YOU MAY BE.....which in IRS speak doesn't mean YOU WILL BE. It means that you better ask a CPA.

old man down the road

Posted 12:56 pm, 09/15/2014

Work Clothes and Uniforms

You can deduct the cost and upkeep of work clothes if the following two requirements are met.

    You must wear them as a condition of your employment.

    The clothes are not suitable for everyday wear.

Protective clothing. You can deduct the cost of protective clothing required in your work, such as safety shoes or boots, safety glasses, hard hats, and work gloves. Examples of workers who may be required to wear safety items are: carpenters, cement workers, chemical workers, electricians, fishing boat crew members, machinists, oil field workers, pipe fitters, steamfitters, and truck drivers.
http://www.irs.gov/publicat.../ar02.html

Umpire

Posted 12:53 pm, 09/15/2014

NO IT'S NOT STUPID.

old man down the road

Posted 12:53 pm, 09/15/2014

Tools Used in Your Work

Generally, you can deduct amounts you spend for tools used in your work if the tools wear out and are thrown away within 1 year from the date of purchase. You can depreciate the cost of tools that have a useful life substantially beyond the tax year. For more information about depreciation, see Publication 946.

http://www.irs.gov/publicat.../ar02.html

mommotwo

Posted 12:51 pm, 09/15/2014

But the same publication that lists entertainment expense lists tools and supplies so it's really the same difference.

Fins

Posted 12:51 pm, 09/15/2014

Joe, clearly these people dont know how to read. If you read all of the details, every item has an explination that is going to eliminate 99% of employees from being able to deduct work expenses. Here is why you couldnt deduct tools.


"you can deduct amounts you spend for tools
used in your work if the tools wear out and are thrown
away within 1 year from the date of purchase"

For some reason the pdf wont let me copy the rest of the paragraph, but it goes on to explain you can depreciate, if they last longer than 1 year. A self employed individual though could deduct the entire expense no matter what.

old man down the road

Posted 12:50 pm, 09/15/2014

Topic 514 - Employee Business Expenses
If you are an employee, you may be able to deduct your work-related expenses as an itemized deduction (subject to limitations) on Form 1040, Schedule A (PDF). Additional information on this subject can be found in the Form 1040, Schedule A Instructions (PDF) . Also, you may refer to Topic 511 for additional information on business travel expenses.

Although commuting costs are not deductible, some local transportation expenses are. Deductible local transportation expenses include the ordinary and necessary expenses of going from one workplace (away from the residence) to another. If you have an office in your home that you use as your principal place of business for your employer, you may deduct the cost of traveling between your home office and work places associated with your employment. Refer to Topic 509 for information on home offices. You may deduct the cost of going between your residence and a temporary work location outside of the metropolitan area where you live and normally work. If you have one or more regular work locations away from your residence, you may also deduct the cost of going between your residence and a temporary work location in the same trade or business within your metropolitan area. For information on transportation expenses related to your car, refer to Topic 510.

http://www.irs.gov/taxtopics/tc514.html

Umpire

Posted 12:49 pm, 09/15/2014

THIS THREAD WASN'T ABOUT TOOLS AND SUPPLIES NOW WAS IT?

mommotwo

Posted 12:47 pm, 09/15/2014

I would like to point out that it reads "you may" be able to deduct.....This means that you should probably listen to your CPA's interpretation of form 529....

Joseph T.

Posted 12:46 pm, 09/15/2014

Umpire (view profile)

Posted 12:38 pm, 09/15/2014

LISTEN ARSEHOLE, I'M GOING BY PUB. 529.

I was also going by PUB.529 when I try to deduct my safety equipment which falls under the example of Tools and supplies used in your work.

I was told no because I was not self employed I don't know if it is right or wrong but when the man says NO you don't have much choice in the matter.

yousaywhat

Posted 12:41 pm, 09/15/2014

I linked the publication and you should read it then fire your idiot CPA's

Fins

Posted 12:39 pm, 09/15/2014

I know without a doubt that most of those require you to be self employed or a sub-contractor to be able to deduct. Ive had he conversation with multiple CPA's

Umpire

Posted 12:38 pm, 09/15/2014

LISTEN ARSEHOLE, I'M GOING BY PUB. 529.

yousaywhat

Posted 12:37 pm, 09/15/2014

You may be able to deduct the following items as unre-imbursed employee expenses.
Business bad debt of an employee.
Business liability insurance premiums.
Damages paid to a former employer for breach of an
employment contract.
Depreciation on a computer your employer requires
you to use in your work.
Dues to a chamber of commerce if membership helps
you do your job.
Dues to professional societies.
Educator expenses.
Home office or part of your home used regularly and
exclusively in your work.
Job search expenses in your present occupation.
Laboratory breakage fees.
Legal fees related to your job.
Licenses and regulatory fees.
Malpractice insurance premiums.
Medical examinations required by an employer.
Occupational taxes.
Passport for a business trip.
Repayment of an income aid payment received under
an employer's plan.
Research expenses of a college professor.
Rural mail carriers' vehicle expenses.
Subscriptions to professional journals and trade mag-azines related to your work.
Tools and supplies used in your work.
Travel, transportation, meals, entertainment, gifts, and
local lodging related to your work.
Union dues and expenses
http://www.irs.gov/uac/Publ...eductions-

Fins

Posted 12:32 pm, 09/15/2014

My CPA says you are an idiot. Joe is right. Must be self employed, or 1099

Joseph T.

Posted 12:32 pm, 09/15/2014

Look jack@$$ I don't care what you think when the IRS tells you something isn't okay it doesn't matter what you think. I made my post on my experience with the IRS what you think doesn't matter someone else may have a better experience but it my case they said no even though I had to buy stuff for work that I was not pay back for. Not every expense is deductible

Umpire

Posted 12:26 pm, 09/15/2014

THAT HAS BEEN THE LAW FOR YEARS.

NOW, IF YOU DON'T HAVE A DEGREE IN ACCOUNTING, DON'T BE PASSING OUT ADVICE. ESPECIALLY IF THE ADVICE IS WRONG.

Joseph T.

Posted 12:20 pm, 09/15/2014

I know all about that publication troll I made my post based on an audit I once had where I deducted the price of some safety equipment I had to buy. I was told it was not allowed even though it was a unreimbursed expense. I never could get a straight answer as to why it wasn't allowed maybe the agent was just jerking me around I don't know or maybe the law has change since I tried that it was may years ago.

Which is why I said unless the law has change it is very possible that the law did change between then and now.

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