I was wondering about Job searching on tax return?

Question

I moved last janaury right out of college for a job(250 miles) and then in July moved back because my contract was finished. Is there a way I can claim some of that on my taxes? Does it being a contract job matter in any way? Thank you

Answer 1

I'm an accountant. There is a deduction for job search expenses, but, first of all, you have to itemize your deduction, second they have to be for a job search in your current occupation and there's a 2% limit on the dedcution, which means any amount you deduct has to be greater than 2% of your adjusted gross income. You would need to file Form 2106 "Employee Business Expenses"

Answer 2

First did the employer "pay" you or "reimburse" you for any of your moving expenses, if they did it should be on your W-2 already, and your tax prepared will know where to find these amounts and fill out your taxes, next if your employer did not reimburse you, as long as you kept all your reciepts (for moving, travel, gas, mileage, eating while traveling), etc... You MUST have receipts to support the amt of money you claim.--Because yes you can claim all of it because it was all job related, but like I said if your employer already "reimbursed" you or paid you for moving back and forth, it should already be on your W-2, most commonly found in box 12 with a letter stating what the expense was for.

Answer 3

All you ever wanted to know about moving expenses is below. Good luck.