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New Member
posted Mar 27, 2022 6:58:47 PM

Can I claim a stock trading course without having a business?

This is for a personal trading account. so I was wondering if it can be claimed under educational instead of a business expense.

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2 Replies
Level 15
Mar 27, 2022 7:07:49 PM

No deduction for that. 

Expert Alumni
Mar 27, 2022 7:11:32 PM

No.  This is not an expense that can be deducted on your personal return.  The tuition and fees that were taken as an adjustment on your 1040 have been eliminated and this would not fall under any category that is deductible.  Since this was an educational expense for personal use even under the tuition and fees it would be questionable whether or not you could deduct.