Job Search Expenses that are tax deductible
When I started my job search my accountant/attorney brother said to save the receipts, because they are most likely tax deductible.
I lost my job in January and was convinced I’d have a job soon. I was also convinced that what measly expenses I had in my job search would not amount to much, and that I’d lose my receipts in the next 15 months, when I did my taxes for that year.
I was wrong. My job search went on for a long time. And I’m now a believer in investing in your job search, and keeping track of those expenditures.
Alison Doyle, the job search expert at About.com, recently wrote about job interview travel expenses. It’s a good read with some links/resources that can help this make more sense.
My message to you is the same as the message from my brother: keep track of it. It will add up, and before you know it you’ll have a significant amount to write-off.
BONUS: many of you know I created JibberJobber.com, a great job search organizer. In JibberJobber there’s an “expense tracker” where you can log those expenses.