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#7
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| "Jeanne" <to.eulogize[at]gmail.com> wrote - quote - > My husband paid two dancers $50.00 each for a performance.
And he's still your husband?- quote - > Where would we list this as a business expense?
Well.....was it a legitimate business expense? And if so,for what type of business? As an employee, unreimbursed business expenses get reported on Form 2106 which flows to Schedule A. If this was for a sole-proprietor business of your husbands, then it would go to Schedule C (where he reports his other business revenues and expenses). -- Paul Thomas, CPA paulthomascpapc[at]bellsouth.net << ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
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#6
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| Phil Marti wrote: - quote - > It's nice to have some filing season humor to break the
HAH! a little more humour there, Phil.> madness. You were joking, right? > On the off chance that you're serious and this is an > ordinary and necessary business expense, it would be either > line 26 or 11 of Schedule C, depending on whether the > dancers were employees or independent contractors. Dancers who were employees? (grin) ChEAr$, Harlan Lunsford, EA n LA thu 9 Mar 2006 [at] hh << ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
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#5
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| Okay funny guys. He is a dancer. An artist. And he makes dance. For real. I'm glad that I could make you all laugh. And I got a smile or two out of your responses. If he were a chippendale, we would be in a much higher tax bracket, that is for sure!!!! << ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
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#4
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| I guess that might sound a little funny, eh? No, he really did pay two dancers to be in a piece that he received payment for (a group show at an arts venue. . .really!!! LOL!!!) Thanks for the ideas. They were independent contractors. Moderator: They always are indepentent contractors. <grin << ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
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#3
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| If this was a legitimate business-related expense, it would be reported as an entertainment expense. Assuming the business is a sole proprietorship, he would report this on Schedule C. Rudy www.LizcanoTaxServicesLLC.com << ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
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#2
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| "Jeanne" <to.eulogize> wrote.... - quote - > My husband paid two dancers $50.00 each for a performance.
I am assuming the dancers were hired as a birthday party> Where would we list this as a business expense? He doesn't > have an EIN. treat for a buddy..... or something along those lines, ya..... that's the ticket. It is not deductible. OTOH, Is he in the business of securing entertainment/talent for a fee.......... << ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
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#1
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| "Jeanne" <to.eulogize[at]gmail.com> wrote: - quote - > My husband paid two dancers $50.00 each for a performance.
It's nice to have some filing season humor to break the> Where would we list this as a business expense? He doesn't > have an EIN. madness. You were joking, right? On the off chance that you're serious and this is an ordinary and necessary business expense, it would be either line 26 or 11 of Schedule C, depending on whether the dancers were employees or independent contractors. -- Phil Marti Clarksburg, MD << ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
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| Jeanne <to.eulogize[at]gmail.com> wrote: - quote - > My husband paid two dancers $50.00 each for a performance.
What makes it a business expense? Did he sell tickets?> Where would we list this as a business expense? Seth << ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
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#-1
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| My husband paid two dancers $50.00 each for a performance. Where would we list this as a business expense? He doesn't have an EIN. Jeanne << ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
| Tags |
| wages, writing |
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