Nurse Outduels IRS Over M.B.A. Tuition

By Laura Sanders
Monday, January 11, 2010 as reported on Yahoo
and provided by The Wall Street Journal

How One Women Went to Tax Court and Won Deduction

A Maryland nurse accomplished two rare feats in her battle with the Internal Revenue Service. She defended herself against the agency’s lawyers and won and she got a ruling that could help tens of thousands of students deduct the cost of an M.B.A. degree on their taxes.
The U.S. Tax Court handed Lori Singleton-Clarke her victory last month, saying the 47-year-old Bryantown, Md., women had properly deducted nearly $15,000 in business school tuition. The Tax Court ruling should make it easier for many other professionals to deduct the expense of a Master in Business Administration degree.
After getting word of the court decision, “I nearly yelled the roof off the house,” Ms. Singleton-Clarke says. “I can still hardly believe it.”

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