February 3, 2003

Let the IRS subsidize your job search
Posted by jbutler@bostonworks.com">Jason Butler at 11:25 AM -

April 15th is still a ways away, but MSN Money reminds us that job-hunting expenses are deductible.

If you're out of work, or even if you're still employed but looking for a new job, all of your job hunting expenses are deductible as miscellaneous itemized deductions. Such expenses would include resumes, phone calls, postage, travel costs and any other expenses related to your attempt to get a new job. If you've done a lot of driving in your job search in 2002, you can deduct mileage for your 2002 return at a rate of 36.5 cents a mile. For 2003, the mileage rate falls to 36 cents a mile.

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