Can the external degree fee be deducted from income tax?
A. Most fees (registration, examination, dissertation, graduation, as applicable) are paid to us by the candidate’s employer, or by the candidate as self-employer, and are a deductible business expense. Where courses are taken to complete a requirement they usually may be deducted from personal income – but the differing regulations of IRS, Revenue Canada, and other countries vary in their treatment of full-time / p-time programs and between in-class / distance learning. For the treatment of such courses, inquire directly to the provider of the course or to the relevant taxation department. Similarly, for affiliated on-campus programs, inquire directly to the affiliate college or collaborating institute.
