Is public speaking training tax deductible?

jed_hortaleza · ‎January 31, 2020

Could I count it as an educational or expense related to my career since I am taking it to improve my performance at work?

MinhT1 · ‎January 31, 2020

In general, a training course to maintain or improve your skills is deductible as a business expense.

However, if you are an employee, this is a job-related expense and is not deductible as under the Tax Cuts and Jobs Act, the itemized deductions for job-related expenses subject to the 2% of AGI floor are suspended for expenses incurred after December 31, 2017 through 2025.

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MinhT1 · ‎January 31, 2020

In general, a training course to maintain or improve your skills is deductible as a business expense.

However, if you are an employee, this is a job-related expense and is not deductible as under the Tax Cuts and Jobs Act, the itemized deductions for job-related expenses subject to the 2% of AGI floor are suspended for expenses incurred after December 31, 2017 through 2025.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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Is public speaking training tax deductible?