https://ttlc.intuit.com/community/tax-credits-deductions/discussion/new-real-estate-job-with-only-expenses/01/104424#M13057 My wife got her real estate license at the end of the year.&nbsp;&nbsp;She did not receive any income since she didn't take the test until the end of December, but we paid over $1000 in classes, tests, and licensing fees.&nbsp;&nbsp;Are these deductible for this year or once she starts making money? Sat, 01 Jun 2019 04:37:37 GMT conorkenney 2019-06-01T04:37:37Z https://ttlc.intuit.com/community/tax-credits-deductions/discussion/new-real-estate-job-with-only-expenses/01/104424#M13057 My wife got her real estate license at the end of the year.&nbsp;&nbsp;She did not receive any income since she didn't take the test until the end of December, but we paid over $1000 in classes, tests, and licensing fees.&nbsp;&nbsp;Are these deductible for this year or once she starts making money? Sat, 01 Jun 2019 04:37:37 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/new-real-estate-job-with-only-expenses/01/104424#M13057 conorkenney 2019-06-01T04:37:37Z https://ttlc.intuit.com/community/tax-credits-deductions/discussion/no-costs-to-be-licensed-as-a-real-estate-agents-such-as/01/104432#M13061 <P> <BR /> <SPAN><B>No</B>, costs to be licensed as a real estate agents (such as the exam and preparatory courses) are not deductible as costs of entering a new profession are not deductible.&nbsp;<B></B></SPAN> <BR /> </P><P><B></B>However, for 2017 expenses, please see the following:<BR /></P><P> <A href="https://turbotax.intuit.com/tax-tools/tax-tips/Self-Employment-Taxes/Reporting-Self-Employment-Business-Income-and-Deductions/INF12031.html" target="_blank">Reporting Self-Employment Business Income and Deductions</A> <BR /> </P><P> <BR /> </P><P> <B> <BR /> </B> </P> Sat, 01 Jun 2019 04:37:40 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/no-costs-to-be-licensed-as-a-real-estate-agents-such-as/01/104432#M13061 NancyG 2019-06-01T04:37:40Z