X

Can I deduct costs related to my job search?

Updated for tax year 2017.

Job search and the 2% rule

You can deduct any job hunting expenses you incur while looking for work in your current occupation. Any costs incurred while looking for a job in a new occupation are not tax deductible.

However, one thing to keep in mind is that, for many, deducting those costs will not result in a lower because those expenses are subject to the two percent rule.

That means you can only deduct your total miscellaneous expenses – including job search expenses – to the extent they exceed two percent of your adjusted .

More to explore

TaxAct: TaxAct is the savvy tax-filing partner helping ambitious Americans work the tax code to their advantage. TaxAct's do-it-yourself digital and downloadable products help customers find every tax break they deserve by finding them credits and deductions they may have never known existed.
Related Post