Help with charity reimbursement tax issues?
December 1, 2008
Kayak57 asked:
I pay for a charity’s website services out of pocket, and they reimburse me for that payment. I make no profit off of this. How do I deal with this concerning taxes? Do I leave it alone because it evens out? Do I count the payment as an expense and the reimbursement as income? FYI- the web services are completely for the charity, I use them for nothing personal.
I pay for a charity’s website services out of pocket, and they reimburse me for that payment. I make no profit off of this. How do I deal with this concerning taxes? Do I leave it alone because it evens out? Do I count the payment as an expense and the reimbursement as income? FYI- the web services are completely for the charity, I use them for nothing personal.
One Response to “Help with charity reimbursement tax issues?”
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December 2nd, 2008 at 5:54 pm
You leave this off of your tax return–unless they send you a 1099-Misc for it.