Tuesday, October 2, 2012

Your Job Search Expenses May Be Tax-Deductible [9to5financial.blogspot.com]

Your Job Search Expenses May Be Tax-Deductible [9to5financial.blogspot.com]

How to make your program in Visual Basic save a txt file Here is the code: Dim namefile namefile = Text1 Open App.Path & (“/” + namefile + “.txt”) For Output As #1 Write #1, Text2.Text Close #1 thank you for watching www.enweb.net AlienGUIse www.alienware.com

save a text box in visual basic 8 how to save a text box in visual basic 2008 code: \/ under public class form1 Const mfileName As String = “C:\Users\Clark\Pictures\test.txt” under button1: Dim file As System.IO.StreamWriter file = My.Computer.FileSystem. _ OpenTextFileWriter(mfileName, True) file.WriteLine(TextBox1.Text) file.Close()


How to Open and Save Text Files in Visual Basic 2010 in this tut im gunna teach you how to open and save text files using Visual Basic 2010. This will come in handy for making a text editor or just whenever you need a text document saved the cool way :D In a later tut i will show you how to print text files and i also plan on a very awesome tutorial that i will not release any info on because somebody will steal it, i have not found it on youtube, so it will be a first, and subscribe if you want to see them. Please Check out my website: lobsterproductions.weebly.com -its still under construction so i do not have all the files upladed yet. The code for this project is at www.mediafire.com remember to subscibe and Thanks For Watching!

Your Job Search Expenses May Be Tax-Deductible

Help Wanted Sign; image credit: underbid.comHere’s a friendly reminder for those on the hunt for a new job. Many job-search expenses may be tax-deductible, so knowing the rules can save you money at tax time. As you might expect from the IRS, the rules aren’t straightforward:

  • You have to be looking for a new job in your present occupation, even if you never get one.
  • There cannot be a “substantial break” between the ending of your last job and your looking for a new one. Vague? Yep.
  • You cannot be looking for a job for the first time. Sorry, recent graduates.
  • Job search expenses are lumped in with many other “miscellaneous deductions”, such as the home-office deduction, union dues, work-related education expenses, bad business debt, tax prep fees. These are only deductible from your income if you itemize deductions and only to the extent that taken together they exceed 2% of your adjusted gross income. But if you’re out of work, 2% may not be a very high hurdle.
  • If you get reimbursed for any your expenses, then it’s no longer deductible. At least that one makes sense.

What qualifies as an expense?

  1. Employment and outplacement agency fees. This includes “career consultants” and the like. I don’t know if paying these are necessarily a good idea in the first place, but they can be deducted.
  2. Resume preparation costs.. You can deduct amounts you spend for preparing and mailing copies of your resume to prospective employers. These include paper, postage, envelopes, and printing/copying costs.
  3. Travel and transportation expenses. If you travel to an area to look for a new job in your present occupation, you may be able to deduct travel expenses to and from the area if the trip is “primarily” to look for a new job. In other words, you need to spend more time looking for work than doing any personal activities. Roundtrip airfare, car rental, and hotel stays can add up quickly. If you drive, you can deduct the standard mileage amount (55.5 cents per mile in 2012).

    Keep good records of your efforts and any meetings and/or interviews with prospective employers. Write down the time, date, and place of any event, and keep business cards and food receipts.

Things you can’t deduct include services like residential home phone service, cell phone plans, and high-speed internet.

This is all taken from the notoriously vague IRS Publication 529 â€" Miscellaneous Deductions. Look under Unreimbursed Employee Expenses > Job Search Expenses. Keeping great records for everything is key. If you have an accountant, be sure to ask them how to best take advantage of this area. Finally, if you do land a new job, don’t forget that you can also deduct moving expenses:

To qualify for the moving expense deduction, you must satisfy two tests. Under the first test, the “distance test”, your new workplace must be at least 50 miles farther from your old home than your old job location was from your old home. If you had no previous workplace, your new job location must be at least 50 miles from your old home.

Find more in Taxes | 10/2/12, 12:10am | Trackback

Summary of: Your Job Search Expenses May Be Tax-Deductible; articles also read the other useful.



We Fiance Auto Sales We Finance Auto Sales – Ken 15sec spots



F & M Auto Sales Laredo, TX www.localedge.com Auto Finance, Cheap Cars,Used Cars, Used Autos, Used Auto Dealer, Auto Dealership, Pre-owned Vehicles, Finance Auto Sales, Auto Sales Dealership, Dealership., F & M Auto Sales Laredo, TX



www.wefinance.biz This 1986 Chevrolet S10 is available from We Finance Auto Sales. For details, call us at 256-425-1728 1986 Chevrolet S10 Used Cars Huntsville AL

This article was excerpted from: Your Job Search Expenses May Be Tax-Deductible; can hopefully provide information to you.

No comments:

Post a Comment