Question

Jayna, a social worker, would like to deduct expenses incurred looking for a new job. She...

Jayna, a social worker, would like to deduct expenses incurred looking for a new job. She can do this as long as:

Homework Answers

Answer #1

She can do this if:

  1. ​Expenses were incurred in searching for a job relating to her current work or occupation
  2. There is no substantial break between the time of leaving old job and the time she starts to look for a new job
  3. This is not her first job she's looking for
  4. The expenses are related to resume, placement agency fees, etc, and are not reimbursed expenses.
  5. The expenses beyond 2% of adjusted gross income are reported in Schedule A of the 1040 tax return and are claimed as miscellaneous deductions
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