turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

OPTAVIA -

my wife is a coach with OPTAVIA. Does anyone have any tax deduction ideas that I can let her know about?

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
ClarissaA
Expert Alumni

OPTAVIA -

Some tax deductions for an Optavia coach that come to mind for me include:

  1. Mileage if she drives to meet with her clients (not applicable if she does it all via remote platforms)
  2. Internet expenses (if she is meeting with clients remotely, some portion of your household internet bill can be claimed as a business expense) 
  3. Phone expenses (again a portion of a phone bill that can be deducted based on the percent of the time the phone is used for business purposes.)  
  4. Business cards
  5. Marketing expenses 
  6. Home office expense

Any expense incurred that helps generate the income is potentially a business expense! 

 

Clarissa
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question