Do I have to open a business to file an amended tax return or can I file one to recover expenses for training?

Answer 1

I have been a tax accountant for 27 years. Your question makes no sense to me at all. You leave me having to guess as to what you are driving at. Normally, the cost of acquiring the minimum education to enter a business or profession is never tax deductible. That's right---not even law or medical school is deductible! However, if the training you speak of was to prepare you to start a business, but was not a legal requirement for entry, the expenses can be deducted as a business expense either on Schedule C (which you would file if you went into business) or on Schedule A, line 22 (with an explanation attached). Normally, you have either 3 years from the date the return was originally filed or 2 years from the date the tax was paid (whichever is shorter) to file an amended federal tax return. Hire a professsional tax preparer and don't fall into the "do-it-yourself trap." The IRS LOVES to collect interest and penalties from DIY taxpayers, which is why the IRS is pushing so hard to get people to do their own taxes (that, and we pros get people a lot more money back from IRS).

Answer 2

there is not any DREAM Act, nor will there be one, so because it is a non problem. somebody who works with a artwork enable (EAD = Employment Authorization checklist), no count if it is a neurosurgeon on an H1-B visa or a severe college drop out who became approved for DACA, and could pay earnings taxes, would be waiting to record an earnings tax return.

Answer 3

Your question implies that you would retroactively arrange you circumstances to create a deduction. That is not a good idea.

Answer 4

If you're asking if you can amend your personal return, yes you can.