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Vol Firefighter Income on 1099 Misc


Eli

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The following is from the IRS website:

Exclusion of Income for Volunteer Firefighters and Emergency Medical Responders

For tax years beginning after 2007 and before 2011, gross income does not include:

Rebates or reductions of property or income taxes provided by a state or local government for providing services as a member of a qualified emergency response organization (defined below). Any such rebate or reduction reduces the amount of the income tax deduction for such taxes.

Qualified payments made by a state or local government for providing services as a member of a qualified emergency response organization. The exclusion is limited to $30 multiplied by the number of months the member performs such services. A charitable deduction for expenses paid by the member in connection with performing such services must be reduced by any payment excluded from income.

A qualified volunteer emergency response organization is any volunteer organization organized and operated to provide firefighting or emergency medical services for persons in a state or local jurisdiction and required by written agreement with that state or local jurisdiction to furnish such services.

Client received a 1099 Misc in the amount of $2587.00. Using the above info is he allowed to deduct $360.00 from the the amount he received and if so how to report it as such?

I didnt see any instructions on how to report it.

Thank you!

Eli

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Well, since the income has always gone on Line 21, not subject to SE tax, I'd just put the 1099 amount on line 21, then I'd put the offset in one of the blue lines at the bottom, labeled 'Exclusion of Income for Volunteer Firefighters" and enter the offset as a negative number.

Thank you, KC!! You're the greatest :-)

How's your hubby doing lately??

Eli

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