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2% shareholder (S-Corp) continuing education

trw4879
Level 3

The continuing education expense maintains and improves the SH's current focus in the business. Since it meets this guideline, I know it's deductible...but does it need to run through wages as a fringe benefit or is it excludable?

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TaxMonkey
Level 8

Does not need to be on W-2.  

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2 Comments 2
TaxMonkey
Level 8

Does not need to be on W-2.  

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trw4879
Level 3
Thank you TaxMonkey!
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