Would education expenses incurred by a self employed individual be allowed in 2022 for the following expenses?
Question:
Would education expenses incurred by a self employed individual be allowed in 2022 for the following expenses?
Cost of a CPA review course.....................................................................................................................................$ 2,500
Accounting continuing education...............................................................................................................................1,000
expenses (including travel, conference fees, and meals of $200) Law school tuition and books.....................9,000
Total............................................................................................................................................................................$12,500
Step by Step Answer:
Pearsons Federal Taxation 2023 Comprehensive
ISBN: 9780137840656
36th Edition
Authors: Timothy J. Rupert, Kenneth E. Anderson, David S Hulse