Deductible Job Search Expenses

Deductible Job Search Expenses

classifiedAre you looking for a new job?  If so, some of your job search expenses may be deductible.  Following are some of the requirements for these expenses to be deductible:

  • Your expenses must be for a job search in your current line of work.  You cannot deduct expenses if the job search is for a new occupation.
  • You cannot deduct job search expenses if you are looking for a job for the first time.
  • You cannot deduct expenses if there was a long break between the end of your last job and when you began searching for a new job.
  • You cannot deduct expenses for which you were reimbursed.

If you qualify, here are some of the expenses you may be able to deduct:

  • Costs to prepare and mail your résumé.
  • Travel expenses if you traveled to look for a new job.  In order to be deductible, the trip must have been mainly to look for a new job.  If this was not the main purpose, you may be able to deduct a portion of the travel expenses.
  • Fees charged by placement agencies.

If you qualify for job search deductions and you itemize your deductions, the job search expenses would be entered on line 28 of Schedule A of your tax return.

Colleen Minnich

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