Tax write-off for attaining MCSE?????

Anyone write off as unreimbursed education expense the cost of
attaining their MCSA or MCSE....

As I read the tax instructions looks like it is possible......

churchil@usaor.net

wrote in news::

> Anyone write off as unreimbursed education expense the cost of
> attaining their MCSA or MCSE....
>
> As I read the tax instructions looks like it is possible......
>

are you talking about Canadian or US tax forms?

(Rowdy clicks his heels to attention and buttons up his sexy bright flaming
red Mountie jacket)

--
Rowdy Yates
I am Against-TCPA
http://www.againsttcpa.com

Rowdy Yates

US of A......

On Tue, 20 Jan 2004 15:46:21 -0800, Rowdy Yates
<> wrote:

> wrote in news::
>
>> Anyone write off as unreimbursed education expense the cost of
>> attaining their MCSA or MCSE....
>>
>> As I read the tax instructions looks like it is possible......
>>
>
>are you talking about Canadian or US tax forms?
>
>(Rowdy clicks his heels to attention and buttons up his sexy bright flaming
>red Mountie jacket)

churchil@usaor.net

That would be sweet.

I myself am only deducting the cost of the exam(s) not the training. My
reasoning is that to conduct business I must have the cert and the only way
to get one is to pay for the exams. The "Training" is kind of nebulous,
some people could spend almost nothing up to very large amounts. I can't
see how the IRS, being so understanding about these things, could object to
the test fees however.

<> wrote in message
news:...
> Anyone write off as unreimbursed education expense the cost of
> attaining their MCSA or MCSE....
>
> As I read the tax instructions looks like it is possible......

kpg

neat.

question: what if you are employed but your employer does not pay for the
cert? do you think you can claim it?

"kpg" <> wrote in
news:#:

> That would be sweet.
>
> I myself am only deducting the cost of the exam(s) not the training.
> My reasoning is that to conduct business I must have the cert and the
> only way to get one is to pay for the exams. The "Training" is kind
> of nebulous, some people could spend almost nothing up to very large
> amounts. I can't see how the IRS, being so understanding about these
> things, could object to the test fees however.
>
> <> wrote in message
> news:...
>> Anyone write off as unreimbursed education expense the cost of
>> attaining their MCSA or MCSE....
>>
>> As I read the tax instructions looks like it is possible......
>
>



--
Rowdy Yates
I am Against-TCPA
http://www.againsttcpa.com

Rowdy Yates

If it's advantageous and you're not sure, go ahead and claim it (or maybe
ask a CPA). Worst case scenario you'll have to pay if your audited and they
don't like it. Since the IRS audits less now then in a number of years, and
since a study published by the IRS themselves says that over 50% of the time
they give the wrong answers to taxpayer's questions, you're pretty safe.

You're allowed to deduct business related periodicals, so I don't see why
not, however in my case the standard deduction is more than the costs of the
tests+books, but then again I don't spend 2,000 per test for training...

"Rowdy Yates" <> wrote in message
news:Xns9476DD2F2A60Browdyyatesnospamlyco@207.46.2 48.16...
> neat.
>
> question: what if you are employed but your employer does not pay for the
> cert? do you think you can claim it?
>
> "kpg" <> wrote in
> news:#:
>
> > That would be sweet.
> >
> > I myself am only deducting the cost of the exam(s) not the training.
> > My reasoning is that to conduct business I must have the cert and the
> > only way to get one is to pay for the exams. The "Training" is kind
> > of nebulous, some people could spend almost nothing up to very large
> > amounts. I can't see how the IRS, being so understanding about these
> > things, could object to the test fees however.
> >
> > <> wrote in message
> > news:...
> >> Anyone write off as unreimbursed education expense the cost of
> >> attaining their MCSA or MCSE....
> >>
> >> As I read the tax instructions looks like it is possible......
> >
> >
>
>
>
> --
> Rowdy Yates
> I am Against-TCPA
> http://www.againsttcpa.com

James Martin

I live in New York state and was able to deduct one time
up to 3000 off my federal income tax. I used the money to
study Cisco. It was related to changing careers and they
allowed a writeoff for technical training.
>-----Original Message-----
>US of A......
>
>On Tue, 20 Jan 2004 15:46:21 -0800, Rowdy Yates
><> wrote:
>
>> wrote in
news::
>>
>>> Anyone write off as unreimbursed education expense the
cost of
>>> attaining their MCSA or MCSE....
>>>
>>> As I read the tax instructions looks like it is
possible......
>>>
>>
>>are you talking about Canadian or US tax forms?
>>
>>(Rowdy clicks his heels to attention and buttons up his
sexy bright flaming
>>red Mountie jacket)
>
>.
>

2332

This is the link for the deduction I used.
good luck
http://www.irs.gov/newsroom/article/...105144,00.html

>-----Original Message-----
>I live in New York state and was able to deduct one time
>up to 3000 off my federal income tax. I used the money
to
>study Cisco. It was related to changing careers and they
>allowed a writeoff for technical training.
>>-----Original Message-----
>>US of A......
>>
>>On Tue, 20 Jan 2004 15:46:21 -0800, Rowdy Yates
>><> wrote:
>>
>>> wrote in
>news::
>>>
>>>> Anyone write off as unreimbursed education expense
the
>cost of
>>>> attaining their MCSA or MCSE....
>>>>
>>>> As I read the tax instructions looks like it is
>possible......
>>>>
>>>
>>>are you talking about Canadian or US tax forms?
>>>
>>>(Rowdy clicks his heels to attention and buttons up his
>sexy bright flaming
>>>red Mountie jacket)
>>
>>.
>>
>.
>

2332

Yes the training and testing fees are deductable, provided it is to improve ones skills for their current job or skill set. It is not deductable if you are training for a new set of job skills. You must reduce the amount you paid for training by the amount you were reimbursed by your employer or other sources of funding.

You can deduct up to $3000 for the education on the adjustments section of the tax form and the remainder as unreimbursed employee expenses on your schedule A. These are adjustments to your taxable income. Depending upon you tax bracket it may not have much effect.

or

You can use them as an lifetime learning credit and get up to $2000 taken off your tax liability, i.e. if you owe $2200 in taxes it will be reduced to $200. However if you owe $1800 it will be reduced to $0. Sorry the credit is not refundable.
To get the max credit you will have to have spent $10,000 on your training and tests.

You can do one or the other but not both.

BTW, I am taking the lifetime learning credit route, I increased my refund by roughly $600. I had to learn the above information because I am a part-time tax preparer for a large tax prep chain. Not H&R.

----- wrote: -----

Anyone write off as unreimbursed education expense the cost of
attaining their MCSA or MCSE....

As I read the tax instructions looks like it is possible......

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