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timothygallen
New Member

Which classification would I list educational / training classes/ materials under?

Required Real Estate training classes / materials
1 Best answer

Accepted Solutions
Coleen3
Intuit Alumni

Which classification would I list educational / training classes/ materials under?

Education that qualifies you for a new job or profession is not deductible.

Topic 513 - Work-Related Education Expenses

You may be able to deduct work-related education expenses paid during the year as an itemized deduction on Form 1040, Schedule A (PDF), Itemized Deductions. To be deductible, your expenses must be for education that (1) maintains or improves your job skills or (2) that your employer or a law requires to keep your salary, status, or job. However, even if the education meets either of these tests, the education can't be part of a program that will qualify you for a new trade or business or that you need to meet the minimal educational requirements of your trade or business.

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1 Reply
Coleen3
Intuit Alumni

Which classification would I list educational / training classes/ materials under?

Education that qualifies you for a new job or profession is not deductible.

Topic 513 - Work-Related Education Expenses

You may be able to deduct work-related education expenses paid during the year as an itemized deduction on Form 1040, Schedule A (PDF), Itemized Deductions. To be deductible, your expenses must be for education that (1) maintains or improves your job skills or (2) that your employer or a law requires to keep your salary, status, or job. However, even if the education meets either of these tests, the education can't be part of a program that will qualify you for a new trade or business or that you need to meet the minimal educational requirements of your trade or business.

View solution in original post

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