Education Expenses can be deductible, I think there's a seperate section on the return for that, it isn't included on the Schedule A part. However, I may be wrong on this.
As for the good Captain Q--did you actually get an MBA and go through the hours of work, case studies, presentations, and group projects or are you just assuming?
As for the good Captain Q--did you actually get an MBA and go through the hours of work, case studies, presentations, and group projects or are you just assuming?
I'm just assuming. I studied physics, mathematics, and engineering--and worked for 10 years at a technology company (QUALCOMM) plus another 10 years at another tech company (Harvard/MIT spinoff called BBN). Both companies--much like Intel--are extreme in having a very negative opinion of people who study business instead of something with real content.
True: Companies need financial types and people in suits (or other fancy clothing--e.g. marketing). But my personal opinion--which is rather limited and granted obnoxious--is that a smart person can easily learn that MBA stuff by having an interest in the topic.
I've read the Economist for twenty years, subscribed to Harvard Business Review for years (finally scrapped both--became redundant, particularly the harvard business review--just babble by and large, like postmodernist cultural studies if you ask me).
In fact, that's the issue: an MBA is like studying postmodern cultural studies. Some interesting stuff, but man, how could anyone devote years to it. Read a few books and it's like "ok, I get it already."
But like I said earlier, it seems to be a signal. I'm sure there's some merit in the degree, but I see a resume with MBA and I think "ugh."
Since you're taking pot shots at a degree that is quite pervasive out there in the largest economy in the world, what academic virtues are you gracing our presence with, hmmmm?
Please don't tell me you're one of the 50% of law school graduates who can't even pass the bar......
Are all degrees tax deductible then? I thought that's where the Captain was headed ... I got a chem degree, and worked as a chemist, before jumping to new fangled 'puters.
I already mentioned it: my degrees are in mathematics, physics, and engineering. I'm being quite snarky here I admit, but I really can't stand the idea of spending one's time getting a degrees called Master of Business Administration. Ugh. Why don't they call it the MPP--Master of Paper Pushing.
The second year of MBAs are deductible, as you 'need to complete that education to retain the job that your summer employer offered you'. At least, when I deducted my tuition, I did not get audited.
I'm not sure if it's deductible, but I've always thought it's a pretty darn stupid use of one's time and money.
Read the Economist and a few other good texts on business and economics.
MBA's are a waste in my opinion, only useful as a signal for those who think it is important. It isn't as far as I'm concerned.
What about accelerated depreciation???
hah - I kill me :)
Education Expenses can be deductible, I think there's a seperate section on the return for that, it isn't included on the Schedule A part. However, I may be wrong on this.
As for the good Captain Q--did you actually get an MBA and go through the hours of work, case studies, presentations, and group projects or are you just assuming?
As for the good Captain Q--did you actually get an MBA and go through the hours of work, case studies, presentations, and group projects or are you just assuming?
He's probably worked with them.
I'm just assuming. I studied physics, mathematics, and engineering--and worked for 10 years at a technology company (QUALCOMM) plus another 10 years at another tech company (Harvard/MIT spinoff called BBN). Both companies--much like Intel--are extreme in having a very negative opinion of people who study business instead of something with real content.
True: Companies need financial types and people in suits (or other fancy clothing--e.g. marketing). But my personal opinion--which is rather limited and granted obnoxious--is that a smart person can easily learn that MBA stuff by having an interest in the topic.
I've read the Economist for twenty years, subscribed to Harvard Business Review for years (finally scrapped both--became redundant, particularly the harvard business review--just babble by and large, like postmodernist cultural studies if you ask me).
In fact, that's the issue: an MBA is like studying postmodern cultural studies. Some interesting stuff, but man, how could anyone devote years to it. Read a few books and it's like "ok, I get it already."
But like I said earlier, it seems to be a signal. I'm sure there's some merit in the degree, but I see a resume with MBA and I think "ugh."
Alright, Captain,
Since you're taking pot shots at a degree that is quite pervasive out there in the largest economy in the world, what academic virtues are you gracing our presence with, hmmmm?
Please don't tell me you're one of the 50% of law school graduates who can't even pass the bar......
Are all degrees tax deductible then? I thought that's where the Captain was headed ... I got a chem degree, and worked as a chemist, before jumping to new fangled 'puters.
I was able to claim they earned income tax credit for the two years I was in grad school. That's my all-time favorite IRS related memory.
I already mentioned it: my degrees are in mathematics, physics, and engineering. I'm being quite snarky here I admit, but I really can't stand the idea of spending one's time getting a degrees called Master of Business Administration. Ugh. Why don't they call it the MPP--Master of Paper Pushing.
Ok. I've expressed my dislike. Enough.
The second year of MBAs are deductible, as you 'need to complete that education to retain the job that your summer employer offered you'. At least, when I deducted my tuition, I did not get audited.