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#8
03-08-2005, 10:15 AM
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 Re: Lifetime learning credit Dick Adams wrote: - quote - > "Craig" <jcstone1[at]comcast.net> wrote:
Dick, this has nothing to do with deductibility of> > Do law school and med schools as well as doctorate programs > > qualify as post-secondary? > I'm going to tell you the correct answer to at least 90% of > legitimate tax questions. The answer is "It Depends"! > Medical School, Law School, and Ph.D. tuition, fees, and > books are almost never deductible. BUT a CPA working on > a Ph.D. can write off a hell of a lot of that education as > CPE expenses. A University Professor in a Business School > can effectively write off Law School if the Law School is > part of the University. Now Medical School is a real trick. > A Law School Professor could probably do it, but I do not > see where he/she would find the time or why the Med School > would give them a space. "pre-professional" expenditures, rather relates to what subject specifies, the LLC (life time learning credit to distinguish said abbrev. from another kind of LLC) ChEAr$, Harlan Lunsford, EA n LA Mon 7 mar 2005 << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#7
03-08-2005, 10:15 AM
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| Re: Lifetime learning credit David Woods, EA, ChFC, CLU wrote: - quote - > "Craig" <jcstone1[at]comcast.net> wrote:
Yes, DAve, he's serious, in the context of subject above.> > Do law school and med schools as well as doctorate programs > > qualify as post-secondary? > You're NOT serious. ChEAr$, Harlan Lunsford, EA n LA Mon 7 mar 2005 << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#6
03-07-2005, 11:04 AM
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| Re: Lifetime learning credit "Craig" <jcstone1[at]comcast.net> wrote: - quote - > Do law school and med schools as well as doctorate programs
Since it is not pre-secondary, it would be post-secondary.> qualify as post-secondary? << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#5
03-07-2005, 10:07 AM
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| Re: Lifetime learning credit Yes, they are degree-granting programs, as long as they are qualified institutions of higher education, i.e. not some internet fly-by-night operation. Dennis << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#4
03-07-2005, 09:48 AM
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| Re: Lifetime learning credit Craig <jcstone1[at]comcast.net> wrote: - quote - > Do law school and med schools as well as doctorate programs
Yes.> qualify as post-secondary? And they do not qualify for the Hope credit, in case you were thinking about the Hope. __ Art Kamlet ArtKamlet [at] AOL.com Columbus OH K2PZH << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#3
03-07-2005, 09:29 AM
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| Re: Lifetime learning credit Craig wrote: - quote - > Do law school and med schools as well as doctorate programs
Yes, as long as the school is an eligible educational> qualify as post-secondary? institution. -- Alan http://taxtopics.net << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#2
03-07-2005, 08:50 AM
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| Re: Lifetime learning credit "Craig" <jcstone1[at]comcast.net> wrote: - quote - > Do law school and med schools as well as doctorate programs
You're NOT serious.> qualify as post-secondary? -- David M. Woods, EA, ChFC, CLU Woods Financial Services Norwood, MA 02062 www.woods-financial.com << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#1
03-07-2005, 07:53 AM
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| Re: Lifetime learning credit jcstone1[at]comcast.net (Craig) asked: - quote - > Do law school and med schools as well as
Yes.> doctorate programs qualify as > post-secondary? Bill << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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03-07-2005, 07:34 AM
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| Re: Lifetime learning credit "Craig" <jcstone1[at]comcast.net> wrote: - quote - > Do law school and med schools as well as doctorate programs
I'm going to tell you the correct answer to at least 90% of> qualify as post-secondary? legitimate tax questions. The answer is "It Depends"! Medical School, Law School, and Ph.D. tuition, fees, and books are almost never deductible. BUT a CPA working on a Ph.D. can write off a hell of a lot of that education as CPE expenses. A University Professor in a Business School can effectively write off Law School if the Law School is part of the University. Now Medical School is a real trick. A Law School Professor could probably do it, but I do not see where he/she would find the time or why the Med School would give them a space. << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#-1
03-04-2005, 12:13 AM
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| Lifetime learning credit Do law school and med schools as well as doctorate programs qualify as post-secondary? Thanks, Craig << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
| Tags |
| credit, learning, lifetime |
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