Golf caddies tax write-offs
Varies
What Can Golf caddies Write Off?
Short answer: Independent caddies deduct caddie fees paid to clubs, tour travel, yardage books, rain gear, and mileage; tips are taxable income.
Self-employed workers deduct these on Schedule C, cutting income tax and the 15.3% self-employment tax; keep receipts and a mileage log.
Records to keep: Keep receipts, 1099s or W-2s, a mileage log, and a note of the business purpose for each expense.
Golf caddies tax write-offs
Varies
Remote Workers / Freelancers / Consultants
Independent caddies deduct caddie fees paid to clubs, tour travel, yardage books, rain gear, and mileage; tips are taxable income.
Business justification
Independent caddies deduct caddie fees paid to clubs, tour travel, yardage books, rain gear, and mileage; tips are taxable income. Self-employed workers deduct these on Schedule C, cutting income tax and the 15.3% self-employment tax; keep receipts and a mileage log.
Category
- Write-Offs by Job