DEDUCTIBLE JOB HUNTING EXPENSES

In this difficult economy, don’t forget that many “job hunting” expenses may be deductible, assuming you’re looking for new work in the same line of business in which you’re presently employed.  Some deductible items are:

  • Resume production costs
  • Travel expenses
  • Placement agency fees

IRS has some good publications with more info:  Pubs 529, 463 and 4128.