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posted Feb 2, 2020 8:44:03 AM

real estate course and test fees deduction initial investment

i took a real estate course for $1,000 and then had to pay to take the test.  (4times)  can I deduct from income tax?

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1 Replies
Level 15
Feb 2, 2020 8:51:57 AM

You cannot currently deduct as a business expense education expenses you incur to qualify for a new business or profession. This means you cannot deduct the costsof education courses you take to help prepare for your state's real estatelicense exam. Nor is the fee to take the exam itself deductible.