Get All Your Deductions For Job Search Expenses

You can deduct the costs of looking for a new job as miscellaneous itemized deduction subject to the 2% of Adjusted Gross Income limitation.  Even if you do not wind up with a new job, you can still deduct these expenses:

  • Newspapers and business publications that you buy for their employment ads.
  • Fees you pay to career consultants, recruiters, employment agencies, and resume writers.
  • Resume preparation costs such as typing, printing, envelopes and postage.
  • Miscellaneous transportation costs such as taxi fares or parking costs for job interviews.
  • Telephone calls made in connection with your job search.
  • Out-of-town travel expenses including transportation, hotels, and 50% of the cost of all meals.
  • Legal and accounting fees for tax advice about employment contracts.