Tax Tips: Job search expenses
The costs that you may be able to deduct include: employment agency fees, resume expenses (preparing, printing, mailing), advertising expenses, career counseling costs, meal and entertainment, and travel and transportation expenses related directly to the employment search.
If you have expenses that qualify, you would deduct them under "Job Expenses and Certain Miscellaneous Deductions" on Schedule A. The catch is that you will only benefit from this deduction if the expenses exceed 2% of your adjusted gross income.
Tracy L. Coenen, CPA, MBA, CFE performs fraud examinations and financial investigations for her company Sequence Inc. Forensic Accounting, and is the author of Essentials of Corporate Fraud.