How do I account for services provided as a coach. I was paid as a coach for track and football but was paid on a W-2 but my average services is $50 hr but I basically gave discounted services for 900 hours of labor but received on 4500 on a w-2. How do I receive a credit in my schedule c for that or can I take that at all?
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If you received a W-2, your employer considers you as an employee. The Tax Cut and Job Act of 2017 suspended unreimbursed employee business expense until 2026.
That's so sad! Thank you for the information though
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