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Old 04-11-2005, 05:16 PM
Harlan Lunsford
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Default Re: driving school writeoff and IRA usage?

unhappy camper wrote:

- quote -

> What are the rules for IRA usage or educational tax writeoff
> for truck driving school?? Can it be done?? thanks in
> advance


Further to my reply above, you may indeed use your IRA to
finance the school. Just be prepared to pay the taxes AND
the penalty if necessary.

And no, expenses preparatory to getting into a profession
are just not deductible.

ChEAr$$$,
Harlan Lunsford, EA n LA
7 Apr 2005
8 days and counting.....

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Old 04-07-2005, 07:52 AM
unhappy camper
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Default driving school writeoff and IRA usage?

What are the rules for IRA usage or educational tax writeoff
for truck driving school?? Can it be done?? thanks in
advance

<< -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << ------------------------------------------------->
 

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driving, ira, school, usage, writeoff
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