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jraddatzco
New Member

I am a W-2 employee and spent $9,000 in 2018 on a career coach to identify a better career path for my skills. Is this a deductible expense?

 
2 Replies
Vanessa
Level 3

I am a W-2 employee and spent $9,000 in 2018 on a career coach to identify a better career path for my skills. Is this a deductible expense?

No, this would be considered a nondeductible personal expense

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jraddatzco
New Member

I am a W-2 employee and spent $9,000 in 2018 on a career coach to identify a better career path for my skills. Is this a deductible expense?

Thanks for the response.  This $9k expense was focused on determining the best business for me to start, which led me to starting a business in 2018.  I've reported income and expenses for that business.  Could I allocate that expense against 2018 business income as a startup consulting cost?
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