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Tax Relief: Your Job Can Raise Your Refund

Un-reimbursed Employee Deductions - The taxes taken out of your paycheck can seem like a huge amount. However, saving your receipts may help you with tax relief, in the form of itemized deductions.

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George settled down into his easy chair, sighing as he took off his work shoes. "'Work' should be considered a curse word."

His wife, having just received her paycheck, waved it at him. "So should taxes."

Un-reimbursed Employee Deductions - The taxes taken out of your paycheck can seem like a huge amount. However, saving your receipts may help you with tax relief, in the form of itemized deductions.

To claim tax relief for Un-reimbursed Employee expenses, your deductions must have been:

  • paid for during the year of filing - For instance, if you bought steel-toed shoes in previous tax years, it is not an eligible deduction
  • used for your job - Shoes that wouldn't be worn outside of work, for example.
  • normal and needed expenditures - A normal expenditure is a cost that is common in your profession. A needed expenditure is a cost that is helpful in your job.

Under those guidelines, some expenses may be eligible for a tax relief claim and can be deducted:

  • The cost of your passport if you're required to take business trips out of the country
  • A college professor may be able to claim research expenses
  • Job search expenses - such as gas or fees from a professional resume writer
  • Work clothes - if your clothes and shoes were needed and bought for the job, and aren't suitable for general wear
  • Tools needed for your specific trade - carpentry toolsFree Web Content, for example
  • Your union dues may be eligible for deduction
  • Further education for your trade
  • The cost of magazines having to do with your profession

Source: Free Articles from ArticlesFactory.com

ABOUT THE AUTHOR


Do you also want to learn about getting rid of your IRS and/or state tax problems? Visit us at our website for money saving Tax Debt Tips and Strategies. http://www.LimonWhitaker.com Over the past few years R. L. Daniel and partners have helped thousands of people with their IRS and state tax problems.



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