Watercooler: 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. Here's a sampling of sites:
AARP • Lists seven tips for taking a job-search tax deduction, at http://bit.ly/qnhn2P.
Bankrate.com • Covers write-offs individuals can and tax deduction rules related to looking for work, at http://bit.ly/ay7XI.
EFile.com • Provides information about specific job hunt tax deductions, at http://bit.ly/PQ1Rf.