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Subject Topic: Are Becker cpa fees deductible? (Topic Closed Topic Closed) Post ReplyPost New Topic
  
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newstudent
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Posted: 13 Apr 2012 at 12:47 | IP Logged  

Are Becker CPA fees deductible under American Opportunity Credit?

Does AICPA come under eligible institution for American Opportunity credit criteria???
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Priceratio
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Posted: 14 Apr 2012 at 00:36 | IP Logged  

I believe the American Opportunity Credit only applies to a 4-yr. degree at an accredited institution, which eliminates Becker.  However, you can always claim the Lifetime Learning credit.
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shawn
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Posted: 14 Apr 2012 at 00:51 | IP Logged  

http://www.irs.gov/publications/p970/ch03.html
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BrookeS
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Posted: 14 Apr 2012 at 22:16 | IP Logged  

I was researching this lately as well, and the general consensus/short answer is no. 
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jakemia
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Posted: 15 Apr 2012 at 02:21 | IP Logged  

My textbook specifically stated that CPA review courses are not deductible because the IRS or someone important said so.

The review course also doesn't qualify for the lifetime learning credit because this credit is for undergrad, grad, or vocational training only.

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