If you withdrew the excess, plus any earnings, by the due date of your income tax return, you must include the earnings in your income in the year you received the distribution even if you used it to pay qualified medical expenses.
A coaching philosophy is a statement of what you value and how you will approach your coaching role. It covers your purpose as a coach and how you will approach player development and winning. Your coaching philosophy consists of your major objectives and the beliefs and principles that you adhere to in order to achieve your objectives.
Quick Answer. Coaching involves motivating and developing a person's skill set in a sport or team setting. Teaching is based on developing minds in a structured classroom with a focus on academics. The key difference is the approach. Coaches focus on individualized attention to address specific strengths and weaknesses, whereas teachers focus more on general skills applicable to most students.