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Because the Federal IRS Publications are so Huge -- DragonukConnects.com Has Pulled Several Excerpts From those Publications that we Feel are of Great Value to our Professional Community.These are Complete Excerpts about the Individual Catigory - Not Edited or any Comments Added to them

Work-Related Education
Brian Dragonuk
Moderator
Total posts: 245
Joined: 14 year(s) ago
Posted 1:54 AM Mar. 1, 2010

You can deduct expenses you have for education, even if the education may lead to a degree, if the education meets at least one of the following two tests.

  • It maintains or improves skills required in your present work.

  • It is required by your employer or the law to keep your salary, status, or job, and the requirement serves a business purpose of your employer.

You cannot deduct expenses you have for education, even though one or both of the preceding tests are met, if the education:

  • Is needed to meet the minimum educational requirements to qualify you in your trade or business, or

  • Is part of a program of study that will lead to qualifying you in a new trade or business.

If your education qualifies, you can deduct expenses for tuition, books, supplies, laboratory fees, and similar items, and certain transportation costs.


If the education qualifies you for a new trade or business, you cannot deduct the educational expenses even if you do not intend to enter that trade or business.


Travel as education. You cannot deduct the cost of travel that in itself constitutes a form of education. For example, a French teacher who travels to France to maintain general familiarity with the French language and culture cannot deduct the cost of the trip as an educational expense.


More information. See chapter 12 of Publication 970, Tax Benefits for Education, for a complete discussion of the deduction for work-related education expenses.

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