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New Member
posted Apr 7, 2024 4:25:53 PM

I pay market fees and sign up for paint classes to improve, what expenses do these fall under?

Market fees are to pay an entrance cost to rent a booth for an in person market to sell crafts

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Moderator
Apr 7, 2024 5:14:30 PM

If the classes were to learn a new skill, then it would be considered a capital expense. So you would not be able to deduct them as an expense, though you can claim the amounts as tuition if they are eligible. If the classes are just to upgrade an existing skill, then they are a current expense and you can claim them as a business expense under “Other Expenses”.