Hi, The income is reportable and so are the unreimbursed expenses. Your friend was mistaken. Lynn Parent Enrolled Agent Sent from my iPhone > On Jan 6, 2015, at 9:10 AM, pgarratt via <[email protected]> wrote: > > > > Kizzie, if it is client work for profit then it is generally tax deductible. Out of pocket costs such as document fees, copy fees, entrance fees, etc), labor, and associated costs such as travel (there are some limitations here) are all tax deductible expenses. I can't imagine why your friend was told that. Perhaps the person misunderstood? > Phyllis > Certified Financial Planner and previous IRS registered tax preparer > -----Original Message----- > From: "Kizzie Newman via" <[email protected]> > Sent: Tuesday, January 6, 2015 7:51am > To: [email protected] > Subject: [TGF] Is genealogical research tax deductible > > > > A friend is in transition from one career to genealogical/historical > research. This is the first year his business has shown a profit, a > considerable profit. One of his colleagues informed him that his work for > clients at the North Carolina State Archives and Library is not income tax > deductible. > > Once again, I turn to the folks on this list to answer a question for a > friend. Is client-based Archival research income tax deductible? > > Thank you for your time and help. > > Kizzie > > ------------------------------- > To unsubscribe from the list, please send an email to [email protected] with the word 'unsubscribe' without the quotes in the subject and the body of the message > > ------------------------------- > To unsubscribe from the list, please send an email to [email protected] with the word 'unsubscribe' without the quotes in the subject and the body of the message