Choose the Correct Answer

question 52

Multiple Choice

Choose the correct answer.

• A)Education expenses are deductible on Schedule C even if the education qualifies the taxpayer for a new trade or business.
• B)Expenses required for education to maintain skills for the taxpayer's current business are not deductible.
• C)The cost of a CPA review course is deductible by a bookkeeper on his Schedule C.
• D)Expenses for travel as a form of education are not deductible.