Schedule C

rstoner — Mon, 06 Apr 2020 16:46:29 GMT

I am starting a flight training school and I have my private airplane license. I am currently working on my private helicopter and commercial helicopter add on. Can I write off the expense of the training?

Re: Schedule C

ColeenD3 — Mon, 06 Apr 2020 17:28:37 GMT

Unfortunately, no.

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.

@rstoner

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Schedule C

Re: Schedule C