In article <fo6ck5$8ff$1[at]snarked.org> ,
D. Stussy <replies[at]newsgroups.kd6lvw.ampr.org> wrote:
- quote -

If he pays the full rent and sublets to his roommate, then he _is_ his
roommate's landlord.

Seth

--
<< ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- >

In article
<f64750be41e86043e22156dfd05d5565[at]localhost.talkabouttaxes.com> ,
"tj88" <tdj3[at]aol.com> wrote:

- quote -

self explanatory. If your net profit ($100 - your added expenses) times
the number of months is less than $400 you will not have to file a
Schedule SE. Expenses might be food, rides, extra heat and light
because he is home while you are at work.

This (like jury pay) is another instance where no good deed goes
unpunished.

--
<< ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- >

"tj88" <tdj3[at]aol.com> wrote in message
news:f64750be41e86043e22156dfd05d5565[at]localhost.talkabouttaxes.com...
- quote -

Now, that makes sense. Report on Schedule E as you are renting to him.

--
<< ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- >

"Avrum Lapin" <avrum223[at]verizon.net> wrote in message
news:avrum223-AD545C.06342406022008[at]news.verizon.net...
- quote -

Noted - but "roommate" isn't a relative or a caregiver position. I don't
see how the person is in charge of the disabled's affairs...?

--
<< ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- >

The room mate has a disability but I do not care for this person. I just
provide him room and board at my own residence. The program he is in makes
him eligible to receive rent assistance. This rent compensation is payed to
the person who charges the rent. I guess this is done to make sure the
monies go where they are suppose to go.

I am not a business man so I have never filed a Schedule C, though I do
have added expenses due to having this boarder.

--
Message posted using http://www.talkabouttaxes.com/group/...xes.moderated/
More information at http://www.talkabouttaxes.com/faq.html

--
<< ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- >

- quote -

As a VITA/TCE volunteer I see several of these 1099's from the County in
the name of the disabled person to the parent or caregiver as payment
for the care of a disabled person. There is no indication of why the
payment was issued

I do a C-EZ (or C) and off-set the income by otherwise unreimbursed
costs of caring for the disabled person. The rationale for the payment
is that if the recipient of the 1099 went to work the county would end
up paying for custodian care.

--
<< ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- >

D. Stussy wrote:
- quote -

Well, he might indeed be, if the payments by the state were indeed for
rent. and from the tenor of the OP's question, viz "I have a disabled
room mate who qualifies for rent assistance from the
county in which we live."

ChEAr$,
Harlan Lunsford, EA n LA

--
<< ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- >

"Arthur Kamlet" <kamlet[at]panix.com> wrote in message
news:fo5nt8$m7c$1[at]reader2.panix.com...
- quote -

Why are the payments in your name and not in the name of the disabled
roommate?

- quote -

How can he do that? He's not the landlord!

- quote -

--
<< ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- >

In article <baa3e77fa5720a8a36d0e910bd5a3c94[at]localhost.talkabouttaxes.com> ,
tj88 <tdj3[at]aol.com> wrote:
- quote -


I assume the 1099 reports this as Rent?


If that is reasonable fair market rental for the unit you are
renting, report the income on schedule E and take your expenses
also on that schedule.



But if the $100 is far less than fair market rental, report the income
on form 1040 line 21 and any expenses, not to exceed this income, on
schedule A as a miscellaneous deduction subject to reduction by
2% of AGI.


--


ArtKamlet at a o l dot c o m Columbus OH K2PZH

--
<< ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- >

I have a disabled room mate who qualifies for rent assistance from the
county in which we live. I receive $100 monthly in my name from the
county. The county sent me a 1099-misc at the end of the year reporting
$900 of income to me. Do I have to report this as other income on my form
1040 or can I write it off some how?

--
Message posted using http://www.talkabouttaxes.com/group/...xes.moderated/
More information at http://www.talkabouttaxes.com/faq.html

--
<< ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- >