zOwie Omega Discussion Forum

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And some more

In Response To: I understand, Glenn.... ()

Greg,
First of all, sorry, did not mean to imply that you did not have some knowledge of tax laws. I usually assume Im talking to someone with little knowledge.

Second, reference my first message where I stated the following:
According to the IRS, you would need to prove the following:
1)Its unreimbursed
2)Its directly connected with the services
3)Expenses you had only because of the services you gave
4)Not personal, living, or family expenses.

I think that a watch clearly does not meet criteria #4, and marginally meets criteria 2 and 3. I agree with Gator that unless you could prove it is used exclusively for you job and nothing else, you have a shot. My guess is that the IRS might allow a nominal expense, maybe under $100 for something with the functionality required by the job. And I would go to bat for you on that, but not much else.

Give it a shot. Its up to you if you are willing to take the risk.

Mike

Again:
Any U.S. tax advice contained in the body of this message was not intended or written to be used, and cannot be used, by the recipient for the purpose of avoiding penalties that may be imposed under the Internal Revenue Code or applicable state or local tax law provisions