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Can You Really Deduct Your MBA Tuition?


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Over the past year, there has been a great debate as to whether or not graduate students can treat tuition as a work related itemized deduction. The debate began when certain courts ruled in favor of students claiming the deduction while obtaining their graduate degrees and working for a related employer at the same time. The tax savings could be in the tens of thousands if the student satisfies certain IRS criteria. .
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