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Level 1
June 3, 2019
Question

Can I deduct the expenses for bodybuilding competitions (food, competition fees, clothing) because I work at a gym and competing helps me to attract gym clients?

  • June 3, 2019
  • 1 reply
  • 24 views
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1 reply

Level 12
June 3, 2019

Per the IRS, you can deduct all ordinary and necessary business expenses.

That is to say, if your expense is common and accepted in your business, and helpful and appropriate, you can deduct it