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Is public speaking training tax deductible?

Forum|Forum|6 years ago
January 31, 2020
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Could I count it as an educational or expense related to my career since I am taking it to improve my performance at work?

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Best answer by MinhT1

In general, a training course to maintain or improve your skills is deductible as a business expense.

However, if you are an employee, this is a job-related expense and is not deductible as under the Tax Cuts and Jobs Act, the itemized deductions for job-related expenses subject to the 2% of AGI floor are suspended for expenses incurred after December 31, 2017 through 2025.

M

MinhT1Answer

In general, a training course to maintain or improve your skills is deductible as a business expense.

However, if you are an employee, this is a job-related expense and is not deductible as under the Tax Cuts and Jobs Act, the itemized deductions for job-related expenses subject to the 2% of AGI floor are suspended for expenses incurred after December 31, 2017 through 2025.

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