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Is my professional education cost a deductible expense on schedule c?

Forum|Forum|7 years ago
June 1, 2019
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Best answer by Marketstar

To be deductible, your expenses must be for education that either maintains or improves your job skills, or is required by your employer or by law to keep your salary, status or job.

Expenses to learn a new trade or job or to qualify for a new career aren't deductible.

If you are self employed and your education expenses qualifies per the above, you can deduct the expenses as an Other Miscellaneous Expense,

However to claim business expenses, you should upgrade to TurboTax Self Employed

M

MarketstarAnswer

Employee

To be deductible, your expenses must be for education that either maintains or improves your job skills, or is required by your employer or by law to keep your salary, status or job.

Expenses to learn a new trade or job or to qualify for a new career aren't deductible.

If you are self employed and your education expenses qualifies per the above, you can deduct the expenses as an Other Miscellaneous Expense,

However to claim business expenses, you should upgrade to TurboTax Self Employed