I use largely my own teacher's materials, with his expressed permission, in teaching guitar lessons myself. And of course, being in lessons as a student makes me a better teacher. I'm just not certain if this situation meets the IRS' definition of an "ordinary and necessary" business expense. Also, if this is a viable deduction, I need to know exactly where I need to annotate it on Schedule C – "Legal and Professional Services" perhaps? Thanks in advance.
– Chris
Yes, in your case the lessons would be deductible. I would classify it as continuing education.