Cost of education for trading
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Returning Member

Cost of education for trading

I have paid for an online class that was focused on teaching me how to trade assets. Can I deduct that from my profits or add it to my costs in my tax return?

3 Replies
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Level 15
Level 15

Cost of education for trading

Classes in trading securities are not deductible.

 

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Returning Member

Cost of education for trading

I there any way to reduce these costs from the profits?

Highlighted
Level 15
Level 15

Cost of education for trading

No, there is no way to subtract the cost of the classes from your trading profits. There is no way to get any kind of tax reduction for the cost of the classes.

 

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