What tax benefits are available for Continuing/Adult Education for a sideline hobby?
Not much, if it’s not part of a degree or certificate program, and not work-related, the limited deduction (up to $4,000 for tuition and fees) may be your only option. Deduction is available through 2007, depending on your income. Some sideline interests might qualify for exclusion if paid for under an employer-provided education assistance program.
Not much, if it’s not part of a degree or certificate program, and not work-related, the limited deduction (up to $4,000 for tuition and fees) may be your only option. Deduction is available through 2007, depending on your income. Some sideline interests might qualify for exclusion if paid for under an employer-provided education assistance program.
A. Not much, if it’s not part of a degree or certificate program, and not work-related, the limited deduction (up to $3,000 for tuition and fees) may be your only option. Deduction is available in 2002-5, depending on your income. Some sideline interests might qualify for exclusion if paid for under an employer-provided education assistance program.
Not much, if it’s not part of a degree or certificate program, and not work-related, the limited deduction (up to $4,000 for tuition and fees) may be your only option. The deduction amount for 2009 or 2008 depends on your income. Some sideline interests might qualify for exclusion if paid for under an employer-provided education assistance program.
