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Tax Rules May Trip Up Budding Gymnast

“Ordinary and necessary” business expenses

by on
in Small Business Tax,Small Business Tax Deduction Strategies

Q.  Our daughter competes in gymnastic competitions. We travel 60 miles round trip for practice twice a week and also to competitive events that are well over 100 miles away. Is any of this tax deductible? S.W., via e-mail

A.  Not unless your daughter is a professional gymnast. Otherwise, this is a nondeductible personal travel expense. But the instances in which individuals on personal pursuits turned their activities into professional careers litter the tax-case archives. This could lead to deductions for “ordinary and necessary” business expenses, including travel costs.

Tip: One example involved a professional bodybuilder who wrote off the cost of enhancing oils. (Wheir, TC Summary Opinion 2004-17)

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