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How to deduct job hunting expenses

Expenses incurred while seeking a new job may be deductible on your taxes. But do you know which ones? Several websites highlight the criteria for taking a job-search tax deduction. Here's a sampling of sites:

AARP: Lists seven tips for taking a job-search tax deduction. aarp.org/money/taxes/info-07-2010/ tax-tips-for-job-seekers.html

Bankrate.com: Covers writeoffs individuals can take and tax deduction rules related to looking for work. bankrate.com/finance/money-guides/deducting-job-search-costs.aspx

EFile.com: Provides information about specific job hunt tax deductions. efile.com/tax-deduction/employee-expense-deduction/job-search-expenses.asp

Moving.com: Sheds light on four key job-hunting deduction areas. moving.com/articles/job-hunting.asp

Taxmama.com: Spotlights the seven criteria for job search tax deductions. taxmama.com/asktaxmama/ job-search-expenses-can-be-tax-deductible/

McClatchy

How to deduct job hunting expenses 02/10/13 [Last modified: Sunday, February 10, 2013 7:12pm]
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