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Can I list my continuing education for my self-employed business as a deduction?
I am a stretch therapist. and the education and training I received was to further my knowledge in my line of business. also where would i list this?
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May 31, 2019
7:35 PM
last updated
May 31, 2019
7:35 PM
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Can I list my continuing education for my self-employed business as a deduction?
Continuing education to maintain or improve your
business is an ordinary and necessary business expense and is deductible along with
your other business expenses on Schedule C, Business Income and Expenses.
May 31, 2019
7:35 PM
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Can I list my continuing education for my self-employed business as a deduction?
Continuing education to maintain or improve your
business is an ordinary and necessary business expense and is deductible along with
your other business expenses on Schedule C, Business Income and Expenses.
May 31, 2019
7:35 PM
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Can I list my continuing education for my self-employed business as a deduction?
Actually, it depends. See https://massage.elitecme.com/blog/are-continuing-education-expenses-tax-deductible/
May 31, 2019
7:35 PM
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Can I list my continuing education for my self-employed business as a deduction?
What section would you take it? Other MIsc Expense, Legal and Professional Fees, Taxes and Licenses?
March 13, 2020
4:32 PM
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Can I list my continuing education for my self-employed business as a deduction?
I am a big fan of things being clearly marked. I would put it under other misc expenses and list it as training or whatever makes it easy for you to remember if you are audited in 3 years. This is an easy to read and understand deduction. @TD503
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March 13, 2020
4:56 PM
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