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. Go to 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. Go to www.bankrate.com/finance/money-guides/deducting-job-search-costs.aspx.
eFile.com: Provides information about specific job-hunt tax deductions. Go to www.efile.com/tax-deduction/employee-expense-deduction/job-search-expenses.asp.
H&R Block: Discusses allowable job search tax deductions and qualifications. Go to www.hrblock.com/taxes/tax_tips/deductions_credits/job_searches.html.
Moving.com: Spotlights four key job-hunting deduction areas. Go to www.moving.com/articles/job-hunting.asp.
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