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There is no capitalization for educational expenses...
If that education qualifies for work related education - deduction is allowed for the year when expenses are paid.For specific qualifications - see IRS publication 970 page 67
I just noticed the phrase - for a career change - that you mentioned.
Please be aware that it isn't qualifying work-related education if it:-- Is needed to meet the minimum educational requirements of your present trade or business, or-- Is part of a program of study that will qualify you for a new trade or business.You can deduct the costs if the education maintains or improves skills needed in your present work.
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