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Old 04-18-2020, 11:16 AM   #1  
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Default Claiming Part 61 training fees on taxes

Hi,

I had a question for someone good with taxes. I did some of my training at a part 61 school, and have all invoices. Can I claim this kind of expense. I am a student currently finishing my degree in aviation at a part 141 school.
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Old 04-18-2020, 12:10 PM   #2  
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Originally Posted by Captainfit View Post
Hi,

I had a question for someone good with taxes. I did some of my training at a part 61 school, and have all invoices. Can I claim this kind of expense. I am a student currently finishing my degree in aviation at a part 141 school.
I did some work for H&R Block between flying jobs but I'm not an expert. But I'd say no because this isn't about keeping your current job, it's qualifying for a better job. Check these 2 links, the IRS does have a "Lifetime Learning Credit" but it is $2000 per year. You'd need a 1099-T from an eligible institution.

https://ttlc.intuit.com/community/ta...nses/00/703894

https://www.irs.gov/credits-deductions/individuals/llc
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Old 04-18-2020, 12:37 PM   #3  
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I did some work for H&R Block between flying jobs but I'm not an expert. But I'd say no because this isn't about keeping your current job, it's qualifying for a better job. Check these 2 links, the IRS does have a "Lifetime Learning Credit" but it is $2000 per year. You'd need a 1099-T from an eligible institution.

https://ttlc.intuit.com/community/ta...nses/00/703894

https://www.irs.gov/credits-deductions/individuals/llc
I appreciate it, I didn't receive a 1099-T but I do have invoices. I don't think I will be able to claim it.
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