Study These Work-Related Education Tax Breaks
Education deductions and credits aren’t only for college students. Some deductions are available for employees, employers, and the self-employed. Here’s a quick review. Employees As an employee, your work-related education expenses may qualify for credits such as the Lifetime Learning Credit. You don’t need to be pursuing a degree to qualify for the Lifetime Learning Credit, but the school needs to be an eligible educational institution. If you receive education benefits from