Life Coach-Deductible?

Collapse
X
 
  • Time
  • Show
Clear All
new posts
  • Sabre
    Member
    • Jan 2010
    • 53

    #1

    Life Coach-Deductible?

    Client asks if a life coach is deductibe? If it is, is it medical or employee business expense.
    Sabre

    " You don't learn much from the second kick of a mule."
  • taxdude71
    Senior Member
    • Jan 2007
    • 132

    #2
    Life coach? I really doubt it. Unless you can get a physican to write a letter saying that it is perscribed for their mental well being.

    Comment

    • Burke
      Senior Member
      • Jan 2008
      • 7068

      #3
      I would be greatly interested in knowing what a Life Coach does. Sounds like an interesting occupation, one in which I seem to already practice on most of my clients.

      Comment

      • gkaiseril
        Senior Member
        • Feb 2007
        • 567

        #4
        Tony Robins is a life coach or maybe Oprah. Maybe some people need someone how to live their life.

        Last edited by gkaiseril; 03-13-2010, 03:02 PM.

        Comment

        • Lion
          Senior Member
          • Jun 2005
          • 4699

          #5
          Biz Coach

          I have a client who's a business coach. She works a lot with transitions, such as finding another job, moving up in employment, managing staff. She herself went to a business coach, and we did deduct that on her schedule C as an outside consultant.



          But, a LIFE coach. I think having a life is personal.
          Last edited by Lion; 03-13-2010, 03:19 PM.

          Comment

          • ChEAr$
            Senior Member
            • Dec 2005
            • 3872

            #6
            Originally posted by Burke
            I would be greatly interested in knowing what a Life Coach does. Sounds like an interesting occupation, one in which I seem to already practice on most of my clients.
            LOL! Aren't we ALL "life coaches"? Sometimes we are financial advisors and at
            other times father confessors.
            ChEAr$,
            Harlan Lunsford, EA n LA

            Comment

            • taxea
              Senior Member
              • Nov 2005
              • 4292

              #7
              Personal life coach is not deductible...business consultant may be depending on the services rendered.
              Believe nothing you have not personally researched and verified.

              Comment

              Working...