To acquire a new job skill

[skhyatt]

Are expenses paid to acquire a new job skill eligible for the tuition and fees deduction? It's clear on the hope/lifetime learning credit, but for some reason not on the T&F deduction.

[Brian EA]

Are expenses paid to acquire a new job skill eligible for the tuition and fees deduction? It's clear on the hope/lifetime learning credit, but for some reason not on the T&F deduction.

education expenses to acquire a new job skill is subject to the 2% deduction on sch A; however if it is from a accredited school you can take the life time credit

[skhyatt]

new job skill

TP took classes to become a notary. So the lifetime credit is the only option? I had thought maybe the Tuition and Fees deduction was an option also?

[Brian EA]

Read page 226 in pub 17- Qualified education expenses.Is that institution an eligible educational institution. Does it participate in student aid program.I dont think so.

[skhyatt]

Lost deduction

Looks like there is no deduction available, since a "Notary School" is not a qualified educational institution. I suppose if the notary training enhances TP's current job, it could be a 2106 deduction.

[Brian EA]

I think that is exactly what it is .Use 2106

good luck

[skhyatt]

Thank you

Thanks for the feedback Brian, much appreciated.