Is Pro Tools Training Tax Deductible?

We get folks that ask us if ProMedia's Pro Tools training classes are tax deductible? The answer for many people is “YES!” The IRS Publication 970 states that employees and self-employed persons can deduct training costs if the workshops, seminars or courses allow individuals to improve and develop their job-related skills, especially if the employees require the training to remain in their roles. Similarly, the IRS allows self-employed workers to deduct training costs, including transportation to and from course locations, so long as the training relates specifically to their current business. Consult your CPA for details and specific allowances.

For those who want the facts, we have included a link to the IRS Publication 970 or consult your CPA.

Performing Artists and Fee-Basis Officials

If you are a qualified performing artist, who is paid in whole or in part on a fee basis, you can deduct the cost of your qualifying work-related education as an adjustment to gross income rather than as an itemized deduction.

Include the cost of your qualifying work-related education with any other employee business expenses on Form 1040, line 24, or Form 1040NR, line 35. You do not have to itemize your deductions on Schedule A (Form 1040 or 1040NR), and, therefore, the deduction is not subject to the 2%-of-adjusted-gross-income limit. You must complete Form 2106 or 2106-EZ to figure your deduction even if you meet the requirements described earlier under.

For more information on qualified performing artists, see chapter 6 of Publication 463.