schirallicpa Posted April 6, 2008 Report Share Posted April 6, 2008 Client lost job at kodak but they paid for retraining classes thru his payroll. He has receipts for the classes, which include leasing a computer for the class. Now - these were classes for auditing, and hes an engineer. He relocated to my neck of the woods and has new job as engineer. He says he was required to take the retraining in order to be eligible for unemployment, although he never collected unemp. Am I spinning my wheels, or is there something I can do here? Thanks for the help! Quote Link to comment Share on other sites More sharing options...
jainen Posted April 6, 2008 Report Share Posted April 6, 2008 >>is there something I can do here?<< You can return his receipts, thanking him for keeping such good records, and explain how the lifetime learning credit works. Quote Link to comment Share on other sites More sharing options...
Pacun Posted April 7, 2008 Report Share Posted April 7, 2008 >>is there something I can do here?<< You can return his receipts, thanking him for keeping such good records, and explain how the lifetime learning credit works. If he does not qualify for lifetime learning, he can use Sch A with the 2% floor. (Provided it was required to maintain his job qualifications). Quote Link to comment Share on other sites More sharing options...
Lion EA Posted April 7, 2008 Report Share Posted April 7, 2008 Was it a job-hunting expense? Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.