Yes, if it meets the criteria below.
Qualifying
Work-Related Education
You can deduct the
costs of qualifying work-related education as business expenses. This is
education that meets at least one of the following two tests.
The education is
required by your employer or the law to keep your present salary, status, or
job. The required education must serve a bona fide business purpose of your
employer.
The education
maintains or improves skills needed in your present work.
However, even if the
education meets one or both of the above tests, it isn't qualifying
work-related education if it:
Is needed to meet
the minimum educational requirements of your present trade or business, or
Is part of a program
of study that will qualify you for a new trade or business.
You can deduct the
costs of qualifying work-related education as a business expense even if the
education could lead to a degree.
According to
the IRS, "if you are self-employed, you can deduct your expenses for
qualifying work-related education directly from your self-employment income on
Schedule C. This reduces the amount of your income subject to both income tax
and self-employment tax." At a 15% tax bracket plus 15% SE tax, that would
be a 30% tax savings. That expense would go under the miscellaneous expense
section.
