Training costs
June 4, 2010 | 15,00 EUR | answered by Dipl.BW/SB Ulrich Stiller
My 22-year-old son completed an 18-month training course to become a commercial pilot at a private flight school from October 2008 to May 2010, following his high school graduation and civil service. He covered the training costs of 75,000 euros himself.
Does my son, who has not had any income so far and therefore has not filed a tax return, have a way to inform the tax office about these costs now in order to potentially receive a credit for them in the future when he does have income? If so, in what form?
Thank you for your help.
Dear Client,
Thank you for your inquiry, which I would like to answer based on the information provided and in the context of your situation in a initial consultation as follows:
First of all, it is important to distinguish between training costs and further education costs. If there are further education costs, the expenses can be claimed as anticipated business expenses or operating expenses, which can be taken into account in the context of a carryforward of losses.
If it is a first-time vocational training, i.e. the son has no completed vocational training, then there are training costs that are deductible as special expenses up to 4,000 euros per year. A carryforward of losses is not possible.
However, if the initial training is carried out within the framework of an employment relationship, then there are again further education costs, which are in principle carryforwardable.
Further explanations cannot be provided due to the complexity of the topic with a minimum fee of 15 euros.
Kind regards,
Ulrich Stiller
Tax consultant/Qualified Business Economist
