In Order to Be Recognized and Deducted on a Tax

question 38

True/False

In order to be recognized and deducted on a tax return,a loss must first be realized.

---

Definitions:

Formal Training Programs

Structured educational or professional development courses designed to enhance an individual's skills and knowledge in a specific field.

Accredited Program

A program that has been officially recognized and certified by a relevant authoritative body for meeting specified standards.

Accredited Program

An educational or training program that has been formally recognized by an authoritative body for meeting specified standards.

Career Options

The range of different careers and professions a person can choose to pursue.