Martin is a tax accountant employed by a public accounting firm. He incurs the following expenses:
CPA review course …………………………………………………… $ 400
Law school tuition and books ……………………………………….. 4,000
Accounting continuing education course (travel, fees, and
transportation (including meals of $200) ……………………………. 600
Total …………………………………………………………………. $5,000
Martin is also a degree candidate at the law school. Which (if any) of these expenditures qualify as deductible education expenses? How are they reported?