turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

What about other types of education expenses, like trade schools, real estate courses?

What if I  pay for courses and travel to 8 hr classes?

As well as a lot of on-line study, to start a Real estate business?.

Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions

What about other types of education expenses, like trade schools, real estate courses?

Education related to present line of work is deductible if it meets the ordinary and necessary requirements.

Exploring starting a new business is not currently deductible. If the business is started then this may be a start-up expense for that business. 

Take a look at this for the start-up costs (if you actually start one of the business ventures):

https://www.thebalance.com/how-to-deduct-startup-costs-on-business-taxes-397608

View solution in original post

1 Reply

What about other types of education expenses, like trade schools, real estate courses?

Education related to present line of work is deductible if it meets the ordinary and necessary requirements.

Exploring starting a new business is not currently deductible. If the business is started then this may be a start-up expense for that business. 

Take a look at this for the start-up costs (if you actually start one of the business ventures):

https://www.thebalance.com/how-to-deduct-startup-costs-on-business-taxes-397608

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies