Published
I cut and pasted this from the IRS website
"Licenses and Regulatory Fees
You can deduct the amount you pay each year to state or local governments for licenses and regulatory fees for your trade, business, or profession."
http://www.irs.gov/pub/irs-pdf/p17.pdf
But, you better check because it appears that unless you are already employed in that profession, you may not be able to deduct expenses related to a future profession.
The NCLEX exam is going to be an educational expense.
The fingerprints and background checks are not going to be tax deductable because you are getting them for the State BON, not for an employer, so therefore, they would not be a work expense or an unreimburses business expense.
Your license fee is tax deductable for all professions.
Wondergirl0905
128 Posts
Does anyone know if you can write off the cost of a new RN license, including the fingerprint fee and NCLEX fee?
Thanks! :)