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12-27-2014, 12:21 PM
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#1
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Montana Fan
Join Date: Dec 2014
Location: Ramona (San Diego County)
Posts: 178
M.O.C. #15919
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Taxes????
I have a job as a camp ground host for 5 months out of the year. I get free rent with all my hooked up as part of my pay. Because i am not a full timer (12 months) can I still clam my trailer as a second home? Also do I need to clam the free rent as income?
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12-27-2014, 12:23 PM
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#2
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Montana Master
Join Date: May 2011
Location: Hixson
Posts: 3,436
M.O.C. #11397
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Does the campground issue you a 1099?
__________________
2018.5 Montana 3791RD
Full Timers 9/1/2010 through 1/16/2020.
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12-27-2014, 12:31 PM
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#3
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Montana Fan
Join Date: Dec 2014
Location: Ramona (San Diego County)
Posts: 178
M.O.C. #15919
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Quote:
quote:Originally posted by WeBeFulltime
Does the campground issue you a 1099?
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yes but only for the money that they pay out. $35.00 daily
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12-27-2014, 12:55 PM
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#4
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Montana Master
Join Date: Oct 2004
Location: Salem
Posts: 7,547
M.O.C. #2283
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Ask your accountant. If there is any way I would claim it. If the IRS don't like it they aren't going to shoot you, just make you pay it back.
Lynwood
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12-27-2014, 01:26 PM
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#5
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Montana Master
Join Date: Jun 2010
Location: Colorado Springs
Posts: 3,335
M.O.C. #10496
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Quote:
quote:Originally posted by mlh
Ask your accountant. If there is any way I would claim it. If the IRS don't like it they aren't going to shoot you, just make you pay it back.
Lynwood
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Don't forget possible penalties. Wise advice to seek professional advise on claiming as 2nd home (but I believe it would be a legitimate claim). 
__________________
2010 3150RL
LevelUp, Dual 6 volt batteries, Progressive Industries EMS HW50C, Honda EU2000i Generator, Bridgestone Duravis R250 tires, Torklift Glowstep Revolution Stairs, LED Tail lights
2015 RAM 3500 Laramie SRW LB CC Cummins 6.7L Aisin Trans B&W RVK3600
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12-27-2014, 04:04 PM
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#6
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Montana Master
Join Date: Apr 2013
Location: Arroyo City
Posts: 3,110
M.O.C. #13395
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It's been a few year since I worked as a tax preparer, but I think a 2nd home has to have sleeping quarters, a bath and galley, most RVs and bigger boats used to count
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12-28-2014, 03:35 AM
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#7
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Site Team
Join Date: Jun 2011
Location: Wilsey
Posts: 18,799
M.O.C. #11455
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Based on past experience you'd be fine and you don't need to report the free rent, but definitely talk to an accountant. Things change all the time, both federal and state, and you don't want to get caught in a "It used to be ok" situation.
__________________
Dick, Joyce, Diego, Picatso and Gustav
2017 3720 RL, and 2013 HC 343RL
Pullrite Hitch, IS, Disk Brakes, 3rd AC, Winegard Traveler, Bathroom door mod, Dometic 320, couch for desk swap, replaced chairs, sun screens, added awnings, etc.
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12-28-2014, 05:22 AM
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#8
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Montana Master
Join Date: Apr 2013
Location: Arroyo City
Posts: 3,110
M.O.C. #13395
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I agree with Dick. Used to wases will often come back to bite you
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12-28-2014, 06:42 AM
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#9
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Montana Master
Join Date: Jul 2010
Location: Lake Havasu City AZ.
Posts: 1,811
M.O.C. #10552
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You can deduct the interest on your primeury home and a second home. The RV would qualafi as a second home. As for your free rent as long as it is not on the 1099 you need not clame it as income. (This is up for debate as the IRS may not agree). As for the income on the 1099 that has to be reported on SCH C so that it is subject to SE (self-employment) tax. Generally speaking any amount over $400.00 goes on SCH-C. But as this is a temp job (under 181 days) you can deduct living expense. Ask your account what the perdien is in the city where you are employed and that is the amount you would use for the living expense.
Ok the disclammer. I have been in the tax business for 22 years and this is how I would handle a client doing what you are doing. So please consult your account.
__________________
Wayne and Ann Moore
2015 Ford F-350 King Ranch
Firestone air bags, bed saver.
Add 40 GAL tank in bed.
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