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.
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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 creditOriginally posted by skhyattEverybody should pay his income tax with a smile. I tried it, but they wanted cash -
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?Comment
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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.Everybody should pay his income tax with a smile. I tried it, but they wanted cashComment
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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.Comment
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I think that is exactly what it is .Use 2106
good luckEverybody should pay his income tax with a smile. I tried it, but they wanted cashComment
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Thank you
Thanks for the feedback Brian, much appreciated.Comment
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