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Mary spent $21,500 for an executive development course at the Harvard Business School (including $3,500 of travel). What is the tax treatment of this cost?
Mary spent $21,500 for an executive development course at the Harvard Business School (including $3,500 of travel). What is the tax treatment of this cost?
A. Deduct on Schedule C as a business expense
B. The cost is not deductible
C. Deduct on Schedule E as a business expense
D. Deduct on Schedule A as an itemized deduction
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