PaulaM
Employee Tax Expert

Education

That's kinda tricky. If you took it after your business was established, I would say you are maintaining skills. If you took it before your business began, I would think not deductible. Here is were you cannot deduct education expenses:

-The education is needed to meet the minimum educational requirements of your present trade or business. For example, you can't deduct the cost of obtaining a license to practice if you don't already hold such a license, or

-The education is part of a program of study that will qualify you for a new trade or business.
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