https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/how-to-report-expenses-for-an-amateur-athlete/01/137607#M4910 <P>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.</P><P>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?</P> Sat, 01 Jun 2019 06:50:48 GMT bob032148 2019-06-01T06:50:48Z https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/how-to-report-expenses-for-an-amateur-athlete/01/137607#M4910 <P>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.</P><P>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?</P> Sat, 01 Jun 2019 06:50:48 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/how-to-report-expenses-for-an-amateur-athlete/01/137607#M4910 bob032148 2019-06-01T06:50:48Z https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/you-can-t-the-expenses-are-not-deductible-if-it-were-a/01/137615#M4911 <P>You can't. The expenses are not deductible. If it were a business (income in Box 7 as a non-employee), then you could deduct expenses. As an amateur athlete, these are personal expenses.</P> Sat, 01 Jun 2019 06:50:50 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/you-can-t-the-expenses-are-not-deductible-if-it-were-a/01/137615#M4911 Coleen3 2019-06-01T06:50:50Z