How to write off job-hunt expensesSome expenses incurred while seeking a new job are deductible on your taxes. But do you know which ones?
By: Chuck Myers, McClatchy-Tribune News Service
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(UNDERSCORE)tips/deductions(UNDERSCORE)credits/job(UNDERSCORE)searches.html
—Moving.com: Spotlights four key job-hunting deduction areas. http://www.moving.com/articles/job-hunting.asp