Job hunters may be eligible for bigger tax refunds then they are getting

Posted by Joe on January 23rd, 2008

According to the New York Times, a number of job hunting related expenses are actually tax deductible and could lead to higher tax refunds or lower tax bills.

The article states:

Job hunters may be eligible for can take the following deductions, says Jackie Perlman, a senior tax-research analyst at H&R Block, in Kansas City, Mo.:

• travel expenses

• employment-agency fees

• resume-preparation fees

• career-counseling expenses

• the cost of advertising your services

• newspapers and other periodicals purchased for their help-wanted ads and

• legal fees paid to an attorney to review an employment contract.

We recently published a free online guide that compares online tax services and found that many of these efiling services will actually help you identify even more tax deductions.  Check out our online tax preparation guide at NextAdvisor.com.