Does anyone know if you can write off the cost of a new RN license, including the fingerprint fee and NCLEX fee?Thanks! :)
flightnurse2b, LPN 2 Articles; 1,496 Posts Specializes in EMS, ER, GI, PCU/Telemetry. Jan 28, 2009 i am actually wondering this too. i think the total of NCLEX exam, license, fingerprints and background check for me was about $400.
Whispera, MSN, RN 3,458 Posts Specializes in psych, addictions, hospice, education. Jan 28, 2009 seems to me it's deductible since it's a work expense...
Wondergirl0905 128 Posts Specializes in med-surg. Jan 28, 2009 i think the total of NCLEX exam, license, fingerprints and background check for me was about $400.for me too!
lpnflorida 1,304 Posts Specializes in psych. rehab nursing, float pool. Has 30 years experience. Jan 28, 2009 yes, you can as a work expense in which anything over I believe 7% we deduct on our long form taxes.
chicookie, BSN, RN 985 Posts Specializes in Peds Hem, Onc, Med/Surg. Has 8 years experience. Jan 28, 2009 Yes I believe you can.
SummerGarden, BSN, MSN, RN 3,376 Posts Specializes in ED, ICU, MS/MT, PCU, CM, House Sup, Frontline mgr. Has 15 years experience. Jan 29, 2009 ask your accountant.... my hospital reimburses us for the expense so i definitely cannot take a tax write off....
loricatus 1,446 Posts Specializes in ED, ICU, PACU. Jan 29, 2009 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.pdfBut, 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.
pink85 127 Posts Specializes in School Nursing, Pedi., Critical Care. Jan 29, 2009 I write it off. Plus all my journals, scrubs, etc...
BabyLady, BSN, RN 2,300 Posts Specializes in NICU, Post-partum. Jan 29, 2009 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.