Active TopicsActive Topics  Display List of Forum MembersMemberlist  Search The ForumSearch  HelpHelp
  RegisterRegister  LoginLogin
CPA Review Programs & Study Materials
 CPAnet Forum : CPA Review Programs & Study Materials
Subject Topic: Are Becker cpa fees deductible? (Topic Closed Topic Closed) Post ReplyPost New Topic
  
Author
Message << Prev Topic | Next Topic >>
newstudent
Newbie
Newbie


Joined: 20 Sep 2011
Online Status: Offline
Posts: 4
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???
Back to Top View newstudent's Profile Search for other posts by newstudent
 
Priceratio
Contributor
Contributor


Joined: 18 Nov 2009
Location: United States
Online Status: Offline
Posts: 53
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.
Back to Top View Priceratio's Profile Search for other posts by Priceratio
 
shawn
Newbie
Newbie
Avatar

Joined: 13 Apr 2012
Location: United States
Online Status: Offline
Posts: 8
Posted: 14 Apr 2012 at 00:51 | IP Logged  

http://www.irs.gov/publications/p970/ch03.html
Back to Top View shawn's Profile Search for other posts by shawn
 
BrookeS
Newbie
Newbie


Joined: 01 Jan 2012
Location: United States
Online Status: Offline
Posts: 21
Posted: 14 Apr 2012 at 22:16 | IP Logged  

I was researching this lately as well, and the general consensus/short answer is no. 
Back to Top View BrookeS's Profile Search for other posts by BrookeS
 
jakemia
Regular
Regular


Joined: 20 Aug 2011
Location: United States
Online Status: Offline
Posts: 162
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.

Back to Top View jakemia's Profile Search for other posts by jakemia
 




Page of 2 Next >>
  Post ReplyPost New Topic
Printable version Printable version

Forum Jump
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot delete your posts in this forum
You cannot edit your posts in this forum
You cannot create polls in this forum
You cannot vote in polls in this forum

Powered by Web Wiz Forums version 7.9
Copyright ©2001-2010 Web Wiz Guide

This page was generated in 0.1250 seconds.

Copyright © 1996-2016 CPAnet/MizWeb Communities All Rights Reserved
Twitter
|Facebook |CPA Exam Club | About | Contact | Newsletter | Advertise & Promote