Can You Deduct Fishing Tournaments? Tax Write-Offs, Fees, and Business Insights
You can deduct fishing tournament expenses if they are for business. This includes truck expenses and boat depreciation. You report winnings on Schedule A but only up to your expenses. Costs from non-business tournaments and hobby fees are not deductible. Always consult a tax professional for specific guidance. Eligible expenses for tax write-offs include registration … Read more



