Education Deduction

Those of you who take a course that improves your job skills might qualify for a deduction for un reimbursed business expenses.

It would be under the Miscellaneous Deductions category.

This education has to be to improve or at least maintain your skills for your job or business. It is applicable if your employer requires it.

This isn't for education leading to a career change, but for your current employment.

If you are a web designer by trade it isn't good for flight school but it would be good for courses in Adobe Photoshop and Dreamweaver and the other web design related classes.

You can only take the miscellaneous itemized deduction for expenses that are greater than 2% of your gross income.

You can add some other expenses such as professional publication subscriptions, tax prep fees, dues paid to professional organizations, fees for investment advice and some others deductions into that category to get it up to the required 2%.

If you do so double check to be sure they are applicable.

For more detailed tax information go to www.IRS.gov