Deductions & credits

Yes, expenses for continuing education are deductible because your husband is currently a Certified Financial Planner.

If your husband is self-employed the costs can be taken as a business expense under Other Common Business Expenses.

If you husband is salaried, the costs can be taken as an expense related to W-2 income.  Please keep in mind, however, that your expenses will only be deductible IF:

• You itemize your deductions (Schedule A); AND
• All of your unreimbursed employee business expenses and other miscellaneous itemized deductions added together are more than 2% of your AGI.  [Only the amount over 2% AGI is deductible.] 

To include unreimbursed employee expenses in your return, please follow these steps:

1. Click on Federal Taxes [Personal in TurboTax Self-Employed] > Deductions & Credits.
   
2. Scroll down to the Employment Expenses section and click on the Start/Revisit box next to Job Expenses for W-2 Income.  [See Screenshot #1, below.]
   
3. On the Employment Expenses Related to a W-2 screen mark the Yes button and click Continue. [Screenshot #2]
   
4. Continue through the screens entering the requested information.