Can I Write Off The Expense Of A Domain Name For My Hoa?

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I will be maintaining a web page for our home owners association in 2007. Can I write this expense for registration and monthly charges on my taxes next year?

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"Can I Write Off The Expense Of A Domain Name For My Hoa?" was posted on Wednesday, October 14th, 2009 at 5:23 am.

3 Responses to “Can I Write Off The Expense Of A Domain Name For My Hoa?”

Mekonen(2009-10-14):

Do you maintain web pages as a business? If so, then keep records and claim all income and expenses. If you’re doing this just for your HOA (if they gave you permission), then ask for reimbursement. If you’re contributing it, it *MAY BE* a deductible contribution to a nonprofit (most HOA’s qualify for nonprofit status), but you need to check; however, you still have to exceed the threshhold of charitable contributions on your taxes to claim any of it.
You oughtta just ask them to reimburse your costs. You’ll get 100% on your $ back instead of just the marginal tax rate.
Judy(2009-10-14):

If you’re doing this as a business, then it would be an eligible espense. But if you’re doing it as a donation, and they aren’t paying you or even reimbursing out-or-pocket expenses, then no, since they would not be an eligible charity.
Yanswers(2009-10-14):

Shouldn’t you be getting reimbursed by the HOA instead of only getting whatever tax relief that may give you? That way, you’re only getting 15-30% of your money back, instead of all of it.