Answer:
a) Not deductible.
b) Deductible for AGI.
c) Deductible from AGI
d) Not deductible
Explanation:
a. Law school tuition and books for a self-employed individual who works in the income tax business and is pursuing a law degree : $2,000:-
Not deductible. Education qualifies a taxpayer for a trade or business.
b. Continuing professional accounting education expenses of $1,900 for a self-employed CPA: travel, $1,000 (including $200 meals); registration fees, $800;books, $100:
This is deductible for AGI. However, out of all that is deductible here only meals will be deducted by half. (($200 x 0.50 = $100) is deductible)
c. Tuition and books acquired for graduate education courses required under state law for a schoolteacher in order to renew a provisional certificate: $1,000.
This is deductible from AGI, assuming the graduate is an employee i.e a school teacher.
d. Bar review courses for a recent law school graduate: $1,000:
Not deductible.
