Step I tax deductions for boards

[Trogghunter]

I heard that applications for med school are not tax deductible but are board exams since they seem to be a 'work' expense? more than fast food in a pinch and alcohol post exam, for coping. I've spent like 2k in one tax year on steps 1 and 2 and qbanks, add a tablet specifically for rotations and that's a hefty sum.

 

[JShephard]

I heard that applications for med school are not tax deductible but are board exams since they seem to be a 'work' expense? more than fast food in a pinch and alcohol post exam, for coping. I've spent like 2k in one tax year on steps 1 and 2 and qbanks, add a tablet specifically for rotations and that's a hefty sum.

Do you have enough other exemptions to exceed the standard deduction?

What are your total exemptions?

 

[FutureInternist]

Do you have enough other exemptions to exceed the standard deduction?

What are your total exemptions?

👍
Most standard deductions (single, married, w/ or w/o children etc) will be MORE than anything you can spend on Boards, including books, Board Review etc

 

[btricycle]

👍
Most standard deductions (single, married, w/ or w/o children etc) will be MORE than anything you can spend on Boards, including books, Board Review etc

^^ ding ding ding

Unless you have a mortgage and other deductions, the standard will be much more than itemizing.