My wife joined a health care company in 2006 as a research associate and has been working with them since. At the end of 2006, she went on to pursue an advanced degree (Masters in Public Health). She quit her job in October 2007 to focus on the course full time.
Is the course fee for the program tax deductible for the calendar year 2007? Thanks
SR.
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probably not
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Probably not. She might be able to claim a Tuition and Fees deduction ($4000 maximum) OR a Lifetime Learning Credit for eligible expenses, but not the entire graduate program fee. See IRS Pub 970 for details of available tax benefits for education.
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