The following taxpayers have engaged in self-education. 1. Taxpayer paid $7,500 for course fees at...
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Accounting
The following taxpayers have engaged in self-education. 1. Taxpayer paid $7,500 for course fees at La Trobe University studying accounting and is employed in an accounting firm as an assistant accountant 2. Taxpayer paid $6,500 for course fees at La Trobe University and is a practicing solicitor and is studying a Master's degree in tax law, to expand her current knowledge, 3. Taxpayer paid $8,500 for course fees in the final year of Medicine completed Dec 2021. In March 2022, he commenced working as a doctor 4. Taxpayer is employed as an accountant and hates his job, and commences studying a diploma in aged care, and paid $4,000 in course fees 5. Taxpayer is a manager, and attends a 2 day workshop costing $1,200 updating his knowledge in the latest management trends. In relation to the above, identify the 2 scenarios where a deduction is not permitted for self-education. Select one: a. 1&2 b. 2&3 c. 4&5 d. 3&4
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