Any expenses you incur to look for another job can be deductible. Such costs include printing and mailing resumes, traveling to interviews, and paying job agency fees.
The deduction for these costs is treated as a miscellaneous itemized deduction, so you have to itemize to claim the write-off. Then, the actual deduction is limited to amounts in excess of 2% of your adjusted gross income for the year.
New data on returns filed during the government’s 2010 fiscal year reveal some interesting facts:
Source: Statistics of Income Bulletin, Fall 2012
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