Guild/Convewntion write-off on schedule C

[Annie Grieshop]

My suspicion is that we're supposed to deduct the value of the Journal from
our Guild dues to come up with the Schedule C deduction.  (But since the
Journal's value is inestimable, how could we ever put a value on it? <g>)
Convention registration is probably 100% deductable, but meals, travel,
etc., are figured separately.

The final arbiter in all this, of course, is the IRS, which maintains a
handy website for folks just like us:
http://www.irs.gov/businesses/small/index.html

Annie
  -----Original Message-----
  From: KeyKat88 at aol.com [mailto:KeyKat88 at aol.com]
  Sent: Monday, February 25, 2008 11:54 AM
  To: pianotech at ptg.org
  Subject: Guild/Convewntion write-off on schedule C


  Greetings,

           Is a convention fee 100% deductable on schedule C? What about
guild dues? In Potter's course the handout states something about 100%. The
instructions for IRS schedule C state 50%. Is it 100 for one and 50% for the
other?

  Julia
  Reading, PA






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