No.
The tuition fees are not legally deductible business expenses because they’re education that qualifies you for a new trade or business.
To directly quote from the IRS website:
“Education that is part of a program of study that will qualify you for a new trade or business isn’t qualifying work-related education.”
You can, however, deduct supplies and other expenses related to your new trade or business, such as your website, iPad, and any reference texts you choose to invest in.
Well how do we get them to change this? Because I don’t think it is fair! So, all college and trade schools should not qualify then! Right? But they are used as tax write-offs! So what’s the difference??
I know, it’s not fair.
The difference is we’re not a college, university, or post-secondary school. We’re a private company, and we do not work with federal student aid run by the Department of Education, so we’re not considered an eligible education institution that would qualify you for a tax deduction. https://www.irs.gov/Individuals/Eligible-Educational-Inst
What if my degree is in this and this is a refresher.
Thanks for the info and clarification!