Question

1 - Cal's son has been labeled a "can't miss"NBA prospect since middle school. This year, while the son is a college freshman and classified as an amateur under NCAA rules, Cal spent 14,000 for special clothing, equipment, camps, and personal trainers to keep improving his son's skill. Can Cal deduct these items?

Answer 1

ainer a I No! Call Gn not deduct these elemes because Because Cal's son is an amater under NCAA rules and he needs a good traine equipment to improve his short comings. So 1. That he can perform the best the provision regarding the Jarives deductions of the expenses incccured by the parents on their childrens are classified under Dariores rectons. the present matter relates to the expenses incurred .. by the person c' on the clothing equipments and the necessary things for the NRA trosining of at son the son was the College Fresher and had been - one of the amateuer under the NCAA rules ac spend around $14,000 on all the expenses. Is the reclina 162 of the codes and the norms prescribed by the IRS the expenses of this kind are seerely deductable as they are the genuine expenses spent on the training and providing oQuipments for the NBA practice. Scanned with CamScanner