Can a Dentist Deduct Job Hunting Expenses? And the IRS Says…

Income Tax—Recent Graduates’ Job Search Expenses:  Expenses incurred by taxpayers when searching for new employment in the same trade or business are deductible as a miscellaneous itemized deduction [IRC Sec. 67(b) ]. Therefore, they are deductible only for regular tax purposes and only to the extent they and other miscellaneous itemized deductions exceed 2% of…Read More→

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