Explain When Educational Expenses Are Deductible for an Employee

question 35

Essay

Explain when educational expenses are deductible for an employee.

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Definitions:

U.S. Tariff

A tax imposed by the United States government on imported or, less commonly, exported goods.

Oil

A viscous liquid derived from petroleum, mainly used for fuel, heating, and lubrication.

Imports

Products or services imported into a country from overseas for the purpose of selling.

Price

The funds expected, demanded, or provided in exchange for a particular good or service.