S Corp owner took an executive training course at an Ivy League school. The course meets all the requirements to qualify for deductible education expense.
He has no other employees in his S Corp. I know if his business was a partnership or sole prop, he could simply deduct the education expense, but I'm having a hard time seeing how an S Corp should handle it.
Should it show as a tax free fringe benefit on his W-2? Or just as an S Corp education deduction?