Originally published Saturday, February 19, 2011 at 10:01 PM
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How to write off job-hunting expenses
Some expenses incurred while seeking a new job are deductible on your taxes. But do you know which ones?
McClatchy-Tribune News Service
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Some expenses incurred while seeking a new job are deductible on your taxes.
But do you know which ones?
Several websites explain the criteria for taking a job-search tax deduction.
Here's a sampling of sites:
• AARP: Lists six rules for taking a job-search tax deduction. http://www.aarp.org/money/taxes/info-07-2010/tax-tips-for-job-seekers.html
• Bankrate.com: Covers write-offs for individuals and tax-deduction rules related to looking for work. http://www.bankrate.com/finance/money-guides/deducting-job-search-costs.aspx
• eFile.com: Provides information about specific job-hunt tax deductions. http://www.efile.com/tax-deduction/employee-expense-deduction/job-search-expenses.asp
• H&R Block: Discusses allowable job-search tax deductions and qualifications. http://www.hrblock.com/taxes/tax_tips/deductions_credits/job_searches.html
• Moving.com: Spotlights four key job-hunting deduction areas. http://www.moving.com/articles/job-hunting.asp
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