- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Email to a Friend
- Report Inappropriate Content
I am currently unemployed. Can I deduct the cost of a professional license required to work in my field?
Topics:
1 Best answer
Accepted Solutions
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Email to a Friend
- Report Inappropriate Content
I am currently unemployed. Can I deduct the cost of a professional license required to work in my field?
No, the only way this would be deductible is if you were in business and needed it for your business.
If you are an employee, these expenses are no longer deductible under the new tax laws.
If you are not employed, these expenses would not be deductible either.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
1 Reply
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Email to a Friend
- Report Inappropriate Content
I am currently unemployed. Can I deduct the cost of a professional license required to work in my field?
No, the only way this would be deductible is if you were in business and needed it for your business.
If you are an employee, these expenses are no longer deductible under the new tax laws.
If you are not employed, these expenses would not be deductible either.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"