The Tax Questions Blog

Archive for May, 2008

Question: worked as poll worker election day - is this taxable? New Jersey?

Good day, I worked as a poll worker on election day. The pay is $200 for: 1 1/2 hours training one other day + appx. 16 hours election day = about 18 hours or so.

I'd like to know if this this is considered taxable income? When I get the check it's flat $200, doesn't have a stub saying they deduct taxes or anything. I didn't receive a 1099 from the board of elections either. If it is taxable, can I deduct mileage and gas for having to go to the training sites & polling place too? I always thought being a poll worker was a service you did because of the long hours at work, etc. Thanks to all who answers.
UPDATE: Ok, I called my Board of Elections and they said if it is under $600 it is not taxable.

Answer: Yes, it is taxable income. (I also work as a poll-worker here in Ohio. We get paid about $120 for the training and the long day on election day.)

I was like you, when I "volunteered" for this job a few years ago, I had no idea that it was paid. But, if they're going to pay me, I'll take it (thank you very much).

As for deducting mileage and gas, you're going to have to come up with enough Schedule A deductions to make it worth your while. (And, since this is not a "charitable contribution," you're also going to have to have enough of those deductions to first meet the threshold.) If you think that simply claiming the income is too complex then, your Schedule A is going to stop you dead in your tracks.

But, I disagree with the advice that kckid2 gave you regarding refusing the compensation. From my point-of-view, they're going to pay you $200 for training and a (very) long day's work. And all you have to do is write down "$200" on line 21 of your 1040 form. I don't understand where the problem or difficulty is?

So, you're going to pay $25, $35, or $45 dollars tax on that income and pocket the rest -- why would you even think about not claiming it as income?

Workers demand living wage from mall

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Question: can employeer instead of bonus as taxable income make nontaxable deposit against employee student loan account

If before taxes the bonus is 10K and after taxes the bonus is 5.5K, but the person would like the 10K deposited directly against their student loan account without taking possesion of the money. Is this allowed? Thanks.

Answer: Any student loan cancellation programs has to be formal, set up a head of time and be a condition of employment.

What you describe won't count. It's fully taxable.

CEO got $1 million payment

The top executive from McKenna Health System received a $1 million-plus payment above his annual salary after the sale of McKenna Memorial Hospital, according to 2008 tax records filed with the Internal Revenue Service.

Question: Filing taxes for next year.?

Hi all,

I have a few problems. My parents are moving from CA to OK. They are both separate. I am currently going to attend a CA university. However, I am a dependent on my mother's tax returns. If she applies for tax return in OK, I won't be eligible for another year of financial aid, right? What can I do to stay in CA and get enough financial aid for next year and the years after that? Sign up independent? Can she still file taxes in California and work in Oklahoma?

Help.

Answer: Talk to your financial aid office. Mom cannot file taxes in a state she does not live in or work in.

Helen, EA in PA

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