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Tax Deductions

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Manager
Manager
avatar
Joined: 30 Jun 2011
Posts: 63

Kudos [?]: 16 [0], given: 7

Concentration: Real Estate
Schools: Northwestern (Kellogg) - Class of 2014
Tax Deductions [#permalink]

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New post 21 Feb 2012, 10:02
Which MBA application expenses are deductible? I would assume application fee. What about GMAT costs, travel expenses to visit schools, etc.

Kudos [?]: 16 [0], given: 7

Intern
Intern
avatar
Joined: 03 Aug 2011
Posts: 44

Kudos [?]: 11 [0], given: 5

Location: United States (GA)
Concentration: General Management, International Business
Schools: Dartmouth (Tuck) - Class of 2014
GMAT 1: 730 Q44 V47
GPA: 3.56
WE: Performing Arts (Entertainment and Sports)
Re: Tax Deductions [#permalink]

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New post 21 Feb 2012, 10:50
I asked my accountant the same thing and she said that none of my GMAT prep, test fees, school visits etc were deductible. Bummer.

Kudos [?]: 11 [0], given: 5

VP
VP
User avatar
Status: Current Student
Joined: 24 Aug 2010
Posts: 1345

Kudos [?]: 423 [0], given: 73

Location: United States
GMAT 1: 710 Q48 V40
WE: Sales (Consumer Products)
Premium Member Reviews Badge
Re: Tax Deductions [#permalink]

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New post 21 Feb 2012, 11:31
sjthack wrote:
I asked my accountant the same thing and she said that none of my GMAT prep, test fees, school visits etc were deductible. Bummer.


Gosh that's a lot of green on your profile. Congrats! So when are you changing the Kellogg to blue?
_________________

The Brain Dump - From Low GPA to Top MBA (Updated September 1, 2013) - A Few of My Favorite Things--> http://cheetarah1980.blogspot.com

Kudos [?]: 423 [0], given: 73

Intern
Intern
avatar
Joined: 03 Aug 2011
Posts: 44

Kudos [?]: 11 [0], given: 5

Location: United States (GA)
Concentration: General Management, International Business
Schools: Dartmouth (Tuck) - Class of 2014
GMAT 1: 730 Q44 V47
GPA: 3.56
WE: Performing Arts (Entertainment and Sports)
Re: Tax Deductions [#permalink]

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New post 21 Feb 2012, 12:08
cheetarah1980 wrote:
sjthack wrote:
I asked my accountant the same thing and she said that none of my GMAT prep, test fees, school visits etc were deductible. Bummer.


Gosh that's a lot of green on your profile. Congrats! So when are you changing the Kellogg to blue?


Haha, thanks Cheetarah! Definitely feeling pretty lucky. Still wavering back and forth but will hopefully make a move soon.

Kudos [?]: 11 [0], given: 5

Re: Tax Deductions   [#permalink] 21 Feb 2012, 12:08
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