The Deductibility Of Work-Related Higher Education Costs: The Saga Continues

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Mark A. Segal
Bruce M. Bird

Keywords

IRC Section 162, Educational Expenses, Work-Related Educational Expenses, Deductibility of Obtaining Advanced Degrees

Abstract

Whether a taxpayer’s work-related higher education costs are deductible under IRC (Internal Revenue Code) Section 162 is an issue highly dependent upon facts and circumstances. The regulations pursuant to IRC Section 162 and the emergence of case law on this topic constitute important elements to consider in making this determination.

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