Safina, a single taxpayer with an adjusted gross income of $100,000, works as a self-employed engineer. Safina incurs $8,000 of education expenses (tuition and books) and can deduct the $8,000 education expense:
I.if the course improves her skills as an engineer but does not qualify her for a new trade or business.II.but it is not a deduction for adjusted gross income.?
A. Only statement I is correct.
B. Only statement II is correct.
C. Both statements are correct.
D. None of the statements are correct.
Answer: A
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