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The bill seems like it doesn't permit deducting the same project more than once. (They apparently modeled the project lifetime on JS). http://legislation.nysen
by awinter-py 11y ago
The bill seems like it doesn't permit deducting the same project more than once. (They apparently modeled the project lifetime on JS).
http://legislation.nysenate.gov/pdf/bills/2015/S161 http://legislation.nysenate.gov/pdf/bills/2015/S161
An election may not be made if such election is in effect
for such individual for any other taxable year and
pertaining to the same program or any portion thereof.
Also, do expenses include my time value? If not, what other expenses are there for OSS devs?
That said, if this passes it will be most positive piece of software legislation from 2016. Only downside is if taxation brings about regulation.
- elros 11y ago> Also, do expenses include my time value? If not, what other expenses are there for OSS devs? I'm not sure from a legal standpoint as IANAL, but I can think of the price of a computer, a desk, a chair, Internet, etc. There are other costs associated with contributing to OSS in addition to the time.