The IRS doesn't allow deducting educational expenses unless they are for your CURRENT occupation.
Topic No. 513 Work-Related Education Expenses | Internal Revenue Service
"To be deductible, your expenses must be for education that (1) maintains or improves skills needed in your present work or (2) a law requires to keep your present salary, status or job. However, even if the education meets either of these tests, the education can't be part of a program that will qualify you for a new trade or business or that you need to meet the minimal educational requirements of your present trade or business."
Can I pay myself tuition reimbursement?
Discussion in 'Trucker Taxes and Truck Financing' started by makterna, Jan 12, 2022.
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