#1
19th November 2015, 11:30 AM
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MBA Tax Deduction Amt
Hey buddy can you please tell me how can reduce my tax on MBA expanses so that I can easily go through it and apply them easily?
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#2
19th November 2015, 11:32 AM
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Re: MBA Tax Deduction Amt
Don’t worry buddy I will help you here to get the information for Tax Deduction of Ammount in MBA so that you can have idea about it. Here are some tips which help you to reduces tax First, the education must be related to a trade or business which you are going through Secondly, the education must not be a minimum educational requirement for qualification in your trade or business The education must maintain or improve skills required in your profession. To the extent they exceed 2% of your adjusted gross income and you are itemizing your deductions You can take out loans to pay for tuition expenses which includes Tuition & Fees Case Materials and Books Computers & Peripherals (if required by curriculum) Miscellaneous Supplies |