Asked by David Benjamin on Jul 14, 2024
Verified
Which of the following individuals can deduct his or her education expenses?
A) An accountant who attends law school to get a law degree.
B) A medical doctor who attends a review course to obtain a financial consultant license.
C) A lawyer who goes to law school to get a specialized tax degree.
D) An accounting bookkeeper that takes a CPA review course to pass the CPA exam and become a CPA.
Education Expenses
Costs associated with schooling or training, including tuition, books, and supplies, that may be eligible for tax deductions or credits.
Law School
An educational institution specializing in the study of law, preparing students to practice as attorneys.
CPA Exam
A standardized test that must be passed to become a licensed Certified Public Accountant in the United States.
- Become acquainted with the guidelines for subtracting costs tied to the upkeep or betterment of existing competencies, or for eligibility in a novel trade or industry.
Verified Answer
Learning Objectives
- Become acquainted with the guidelines for subtracting costs tied to the upkeep or betterment of existing competencies, or for eligibility in a novel trade or industry.
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