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In Terms of IRS Attitude, What Do the Following Expenses

Question 141

Essay

In terms of IRS attitude, what do the following expenses have in common?
a. Cost of a CPA exam review course.
b. Cost of a review course for the bar exam.
c. Cost of a law degree by a taxpayer who does not intend to practice law.

Correct Answer:

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a. It is the position of the IRS that th...

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