Continuing education tax write off

Nurses General Nursing

Published

Specializes in Peds(PICU, NICU float), PDN, ICU.

Wasn't sure where to post this one.

I saw an ad in the quarterly BON magazine that is mailed to me. It was an ad for a cruise that also had a continuing education class. It said you can write it off on taxes. It was way overpriced as compared to similar cruises, so I'm not interested. But it made me wonder what else is out there. It seems like a great idea! Any thoughts?

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Specializes in Complex pedi to LTC/SA & now a manager.

Someone discussed this before they reported that a CPA informed them only the CEU costs could be deducted if they met the guidelines to itemize. They were stuck with the cruise costs. There may be a guideline on the IRS site. (Off to google)

Id say check with a CPA.

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Specializes in Complex pedi to LTC/SA & now a manager.

Look what I found if all conditions are met up to $2000 may be deductible if you qualify to itemize:

http://www.irs.gov/publications/p463/ch01.html

Cruise Ships

You can deduct up to $2,000 per year of your expenses of attending conventions, seminars, or similar meetings held on cruise ships. All ships that sail are considered cruise ships.

You can deduct these expenses only if all of the following requirements are met.

The convention, seminar, or meeting is directly related to your trade or business.

The cruise ship is a vessel registered in the United States.

All of the cruise ship's ports of call are in the United States or in possessions of the United States.

You attach to your return a written statement signed by you that includes information about:

The total days of the trip (not including the days of transportation to and from the cruise ship port),

The number of hours each day that you devoted to scheduled business activities, and

A program of the scheduled business activities of the meeting.

You attach to your return a written statement signed by an officer of the organization or group sponsoring the meeting that includes:

A schedule of the business activities of each day of the meeting, and

The number of hours you attended the scheduled business activities.

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Specializes in Peds(PICU, NICU float), PDN, ICU.

Interesting. Has anyone heard of other trips or activities that are a tax write off because on continuing ed?

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What about continuing education write offs ?

like if you are a practicing/working RN and go for a BSN/MSN/DNP can you write that off on your taxes?

Investing/Taxes I know, but writeoffs, not so much

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Specializes in Complex pedi to LTC/SA & now a manager.
What about continuing education write offs ?

like if you are a practicing/working RN and go for a BSN/MSN/DNP can you write that off on your taxes?

Investing/Taxes I know, but writeoffs, not so much

Read the guideline above. It might fall under lifelong learning or education credit

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