I am mentoring a full time amateur athlete ( Figure Skater) who received a 1099-Misc income form (line 3 -other income) from the US Figure Skating Association--an award for high potential US team skaters. This is the first time he received any financial award and I am helping with the taxes.
How can I show the expenses (greater than the 'income' )involved in training for the sport? As a business expense? What form will the software use- how can I get the program to ask about business expenses?
