• FreeAdvice has a new Terms of Service and Privacy Policy, effective May 25, 2018.
    By continuing to use this site, you are consenting to our Terms of Service and use of cookies.

self-employed deducting career training loan?

Accident - Bankruptcy - Criminal Law / DUI - Business - Consumer - Employment - Family - Immigration - Real Estate - Tax - Traffic - Wills   Please click a topic or scroll down for more.

fernleaf

Junior Member
What is the name of your state? GA
I am going to deduct my career training but am not sure how to do it. :eek: Do I get to deduct the original loan amount, the interest paid on just what I paid last year (which the loan company didn't give me), or, since the loan amount was split between two payments, deduct the first amount for last year, then the second amount (paid out the end of last year) for this year's deductions?
 



Find the Right Lawyer for Your Legal Issue!

Fast, Free, and Confidential
data-ad-format="auto">
Top