Education

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