Director expenses

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  • Gretel
    Senior Member
    • Jun 2005
    • 4008
    #1

    Director expenses

    T/P serves on county board, no compensation but out of pocket expenses. Could they be taken as an miscellaneous deduction subject to 2% floor?

    My gut feeling is it would only be deductible if income received.

    Hope anyone has time to respond.
    Tags: None
    • BOB W
      Senior Member
      • Jun 2005
      • 4061
      #2
      At best......

      ........ the expenses would be a charitable deduction since it is for an exempt gov't agency.....
      This post is for discussion purposes only and should be verified with other sources before actual use.

      Many times I post additional info on the post, Click on "message board" for updated content.

        Comment

        • ChEAr$
          Senior Member
          • Dec 2005
          • 3872
          #3
          Concur

          with Bob W. charitable contribution for use by a governmental agency.
          ChEAr$,
          Harlan Lunsford, EA n LA

            Comment

            • Gretel
              Senior Member
              • Jun 2005
              • 4008
              #4
              Thank you, both.

                Comment

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