This is an update on tax deductions for job hunters. Searching for a job can run up costs. Can you deduct them on your tax return? Yes, but with a few limitations. Job search expenses are deductible when you look for work in the same occupation. Expenses incurred hunting for a brand new occupation, even after a layoff, are not eligible. Nor are expenses when looking for a job for the first time, or after a substantial break between jobs. For more information, visit: http://turbotax.intuit.com
This is great information for anyone who has been looking for employment.
jkharris07 1 year ago