Skip to main content
December 22, 2021
Question

Where can I deduct my education expenses Phd

  • December 22, 2021
  • 1 reply
  • 0 views
I deducted them as business expenses

1 reply

Hal_Al
Employee
December 22, 2021

Enter as "other expenses" in the business expenses section.  This will allow you to provide a description, such as: business related education. It goes in part V of Schedule C, then to  line 27a. 

 

If the courses were taken an an eligible institution, you may be better off using the first (up to) $10,000 to claim an education credit (the lifetime learning credit).