(TCO F) Job-seeking expenses are deductible if incurred by an individual who is presently employed and looking for work in the same trade or business (Points : 5) only if the individual actually finds a new job. regardless of whether or not the individual finds a new job. if the expenses relate to the individual’s first job. Both A and B
Question:
Job-seeking expenses are deductible if incurred by an individual who is presently employed and looking for work in the same trade or business
Answer
:regardless of whether or not the individual finds a new job
Explaination
If you are looking for a new job that is in the same line of work, you may be able to deduct some of your job hunting expenses on your federal income tax return regardless of whether or not the individual finds a new job.So we will choose the option of regardless of whether or not the individual finds a new job.
