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Tracy L. Coenen is WalletPop's Tax Expert and Fraud Expert

 

 

A:

Some job search expenses are deductible on Schedule A, but only if they exceed 2% of your adjusted gross income. (So few taxpayers actually get to take the deduction.) More details here:


http://www.irs.gov/publications/p529/ar02.html#d0e810

 

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Tracy L. Coenen is WalletPop's tax expert and the author of Essentials of Corporate Fraud.
 
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