Since I am not a tax advisor, I thought it would be useful to direct you to the IRS’s website. Be sure to consult an expert regarding how this information may pertain to you, as this blog is not intended to provide tax advice. For example, you may download the IRS’s publication: Tax impact of job loss for answers to the following questions and more:
- * Can I deduct any of the expenses that I have from looking for a new job?
- * What types of expenses can I include?
- * What about travel costs for interviews or job hunting?
- * Can I deduct the moving costs I paid to move to my new job?
- * My chances of finding a new job will be better if I take a few college courses. Can I deduct any of my tuition?
IRS’s publication 529 (page 5) answers other questions (this link is to the document for preparing 2008 returns): - * Can you deduct employment and outplacement agency fees you pay in looking for a new job in your present occupation?
- * What expenses for preparing and send a resume can you deduct?
- * What about travel and transportation expenses?