22 Tax Deductions for Coaches | Beem

NAICS code: 812990

Being a self-employed coach isn’t easy. You are out there in the sun everyday to earn some money. You train a lot of athletes under you and you must barely have any time left for yourself to relax and have fun. With the help of these tax-write offs, you won’t have to sweat it out while doing your taxes as well.

If you are an independent contractor who works as a coach, then you can reduce your tax bill by simply writing them off as business-related expenses. We are here to tell you about all the write-offs that will help you save some money. Make sure to bookmark this page and go through it again when you are doing your taxes.

We have put together a list of the most common write-offs for sports coaches that you can use to deduct your expenses.

Sporting equipment

Write it off using: Schedule C, Box 22

You can deduct the money you spend on practice nets, sports shoes, balls, and other essential things you purchase for your athletes.
Coaching gear

Write it off using: Schedule C, Box 22

A coach has some essentials as well. This includes play books, hats, and whistles. You can write them off on taxes.
Uniforms

Write it off using: Schedule C, Box 27a

Any uniforms you’re required to wear on the job are considered tax-deductible.

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Sports subscriptions

Write it off using: Schedule C, Box 8

Magazines and newsletters related to sports which you have subscribed to are tax-deductible. Even sports channels are considered as tax write-offs.
Sporting event tickets

Write it off using: Schedule C, Box 27a

When you attend a sport event because it helps you study the event and learn more about your sport. These expenses are tax deductible.
Continuing education classes

Write it off using: Schedule C, Box 27a

Continuing education classes required to keep your job are fully deductible.

If you drive for work ...

You might spend a lot of your time zipping around town to meet clients, finish assignments and do your research among other tasks. Luckily, you can write off car-related expenses like maintenance and gas. Keep these tax write-offs in mind as a growing .

Parking
Write it off using: Schedule C, Box 27a
Parking for a meeting downtown, or any other work trip, is tax-deductible!
Tolls
Write it off using: Schedule C, Box 27a
A toll while driving to or from a work destination is tax-deductible!
Car purchase & depreciation
Write it off using: Schedule C, Box 13
If you buy a new car, you can write off part of the cost every year for five years.
Vehicle tool kit
Write it off using: Schedule C, Box 22
Flashlights, tire iron, duct tape, and other tools you may need in your vehicle are deductible.
Car insurance & registration
Write it off using: Schedule C, Box 15
Car insurance monthly fees, registration, even roadside assistance are partially deductible.
Car maintenance
Write it off using: Schedule C, Box 9
Oil changes, repairs, and regular checkups are all tax-deductible if you drive for work.

If you discuss work at a restaurant ...

Networking is a core practice of a successful and it can also be added to your tax write-offs. You likely often meet clients or people in your field at restaurants to chat about work, discuss projects and sign deals. When you do, remember to write off your business meal expenses.

🍔 Business meals
Write it off using: Schedule C, Box 24b
If you discuss work with a coworker, mentor, client, or prospective client, it’s a write-off!

If you leave town for work ...

Meeting an out-of-town client, attending a conference or networking is all part of the job. There are many reasons for you to travel for work as a busy and they can all be added as tax write-offs. They also count as business trips, so you can write off your travel costs.

Transportation
Write it off using: Schedule C, Box 24a
Planes, trains, and car rentals are all work-related travel costs that can be written off.
Travel lodging
Write it off using: Schedule C, Box 24a
When you travel for work, lodging expenses such as hotel rooms or Airbnb are write offs.
Meals while traveling
Write it off using: Schedule C, Box 24a
When you’re traveling for work, all meals are tax-deductible. Even takeout!

If you work from home ...

When you’re not busy working outside, you might spend your time working from your home as a successful and many activities count as tax write-offs. These include business plans, promotional work and coming up with new strategies. In this case, don’t forget to write off your home office expenses!

Home office furniture
Write it off using: Schedule C, Box 18
A desk, chairs, lamps, and other home office necessities are all tax write-offs.
Property repairs
Write it off using: Schedule C, Box 21
You can write off up to $2,500 for individual repairs to your property.
Power bill
Write it off using: Form 8829
Gotta keep the lights on in your home office! A portion of your electricity bill counts.
Property insurance
Write it off using: Form 8829
Whether it’s rental or homeowners insurance, you can write off a portion through your home office deduction.
Water bill
Write it off using: Form 8829
It’d be hard to work in an office without running water, huh? You water bill counts.
Wi-Fi bill
Write it off using: Schedule C, Box 25
Your Comcast bill is a tax write-off. You need internet to do your job!