Question - Workamping, Volunteering, in exchange for a site - Taxes???
Bruce and Robin said
02:39 PM Feb 14, 2017
My question is this;
If you are workamping or volunteering in exchange for a site with hook-ups and and other perks, do you claim this on your taxes as income? What if it is a volunteer job and no money changes hands? PM me if you want to give me a non-public opinion. Seriously, I would like to know your thoughts on this. The value or compensation would be different dependent upon the value of the site and perks. If my wife and I are workamping in a RV resort in Florida during Nov - Apr it could be a lot of compensation. How do some of you handle this issue?
When we volunteered in a State park (Cascade ID) they said we did not have to pay taxes because having to have an RV was required by the park to be a volunteer camp host.
Also this is the IRS rule:
IRS Publication 525
The IRS does not consider workamping for your site as a taxable income if three conditions exist:
#1 The lodging is provided on your employers property,
#2 The lodging (site) is furnished for the convenience of the employer, and
#3 you are required to accept the lodging as a condition of employment. "
Some resorts are giving their workampers a W-2 showing they furnished a free site and the value of the site. This allows them to deduct the amount from their taxes and causes the workamper to have to pay state and federal taxes as if they were actual employees. If you accept this type of arrangement then you are liable for all taxes.
Bruce and Robin said
01:27 PM Feb 15, 2017
Clay - Thank you for the explanation!
Dale & Ruth - Thank you for the reference. I thought I had read something Howard wrote but couldn't remember where. Thanks!
My question is this;
If you are workamping or volunteering in exchange for a site with hook-ups and and other perks, do you claim this on your taxes as income? What if it is a volunteer job and no money changes hands? PM me if you want to give me a non-public opinion. Seriously, I would like to know your thoughts on this. The value or compensation would be different dependent upon the value of the site and perks. If my wife and I are workamping in a RV resort in Florida during Nov - Apr it could be a lot of compensation. How do some of you handle this issue?
Thank you!
www.rv-dreams.com/workamping-taxes.html
Also this is the IRS rule:
IRS Publication 525
The IRS does not consider workamping for your site as a taxable income if three conditions exist:
#1 The lodging is provided on your employers property,
#2 The lodging (site) is furnished for the convenience of the employer, and
#3 you are required to accept the lodging as a condition of employment. "
Some resorts are giving their workampers a W-2 showing they furnished a free site and the value of the site. This allows them to deduct the amount from their taxes and causes the workamper to have to pay state and federal taxes as if they were actual employees. If you accept this type of arrangement then you are liable for all taxes.
Dale & Ruth - Thank you for the reference. I thought I had read something Howard wrote but couldn't remember where. Thanks!