Give thought to the subject of what you'd say if an auditor challenged the deduction. Good response by Chris but I think I would like to take the auditors side just for the sake of argument. Auditors questions might be:Is continuing employment at the ski resort dependant upon taking the classes? It sounds like probably not.Will completion of the classes qualify her for a known available promotion at the place of employment? Doubtful (based on your description of circumstance). In fact at the time classes were taken she didn't even have a job at the resort.On the other hand the nature of IRS regulations are such that pushing the envelope should not cost you anything and may give you a gain. If you are prepared for the audit I would say go for it.Bob
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar<