If I'm only taking online courses then am I able to deduct sum/all of those bills on my taxes?
2007-02-01 18:22:21 · 3 answers · asked by jake H 1 in Business & Finance ➔ Taxes ➔ United States
I believe educational expenses are usually not deductible unless they are a part of your current business expenses. Check with your tax preparer or call the IRS.
For example, the cost of education to become a dentist is not tax deductible. However, the cost of continuing education for a practicing dentist is tax deductible.
2007-02-01 18:32:36 · answer #1 · answered by Doctor J 7 · 0⤊ 0⤋
No, education credits don't include items like that. You could probably take a credit for a portion of your tuition and fees, though.
2007-02-02 12:51:38 · answer #2 · answered by Judy 7 · 0⤊ 0⤋
Nope. Sorry.
2007-02-02 02:06:41 · answer #3 · answered by figment_usa 5 · 0⤊ 0⤋