Tax Deductions

  1. Does anyone know if paying tuition for nursing conferences counts as a tax deduction?

    I read somewhere that education expenses you pay for which do not count towards obtaining a new degree for a new job are deductible. For instance taking college classes to better yourself in your current job. So, I was wondering if the national nursing conferences count as these types of educational expenses....

    Thanks in advance for any information you might have!

    :spin:
    •  
  2. 1 Comments

  3. by   jov
    Quote from Love_2_Learn
    Does anyone know if paying tuition for nursing conferences counts as a tax deduction?

    I read somewhere that education expenses you pay for which do not count towards obtaining a new degree for a new job are deductible. For instance taking college classes to better yourself in your current job. So, I was wondering if the national nursing conferences count as these types of educational expenses....

    Thanks in advance for any information you might have!

    :spin:
    from H&R Block's website, a similar question...
    Question: If my husband is going to trade school to learn more about his field, is his tuition tax deductible on our next year's return?
    Answer: It depends. If the courses are being taken at an accredited institution, he may qualify for the tuition and fees deduction or the lifetime learning credit. If he doesn't qualify for either of these benefits, he can deduct the expenses as an itemized deduction subject to the two percent of AGI limit if the education improves knowledge in his current profession but does not qualify him for a new profession Compare the tax savings from each benefit for which he's eligible and use the one that saves the most tax.

close