MargaretL
Expert Alumni

Deductions & credits

Your travel deduction depends on how your are paid for your coaching (and if you are getting paid): 

If you travel on voluntary basis and are not paid for your services - the deduction is a charitable contribution if the organization qualifies as a qualified charitable organization:

  1. Federal Taxes
  2. Deductions & Credits
  3. Charitable Donations, select Donations to Charity in 2016; once charity name is entered,  select Mileage and travel expenses; enter total cost for your travel.

If the organization pays you and you receive form 1099-Misc (or just cash) you are considered to be self employed (as if you own a business)Your travel is reported as a business expense against your business income:

  1. Federal Taxes
  2. Wages & Income
  3. Business Items
  4. Business Income and Expenses (Sch  C)- you may be asked to upgrade to Self-Employed version

If the organization pays you as if your are en employee and you receive W-2 (very uncommon) - you would deduct your travel as a job-related expense:

  1. Federal Taxes
  2. Deductions & Credits (you may have to select See all tax breaks)
  3. Employment Expenses
  4. Job-Expenses for W-2 Income


edited 2/26/2017