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  • Hello, I'm Jill from Turbo Tax with some important information about

  • deductions you can take for the expenses you incur at work.

  • One of the nice things about being an employee is

  • that employers often provide you with everything you need to do your job.

  • But sometimes -- you just can't avoid having to pay for

  • some work-related expenses yourself.

  • If you ever find yourself paying for office supplies,

  • business phone calls, uniforms, business trips,

  • or using your car for work,

  • you should know that you may be able to deduct

  • some of these expenses on your tax return.

  • Essentially, the IRS lets you deduct expenses

  • that are ordinary and necessary for your line of work

  • and that help you do your job.

  • But if your employer reimburses you and doesn't include the payment

  • on your W-2 form, you won't be able to

  • take a deduction for those expenses.

  • There are a few other things you should know

  • about your employment related expense deductions.

  • You can only take the deduction if you elect to itemize

  • instead of claiming the standard deduction.

  • And even when you do itemize, you

  • can't take a deduction for the full amount of your expenses.

  • This is because you report your employment related expenses

  • as miscellaneous deductions that must be reduced

  • by 2 percent of your adjusted gross income.

  • Here's how this works: you total up all miscellaneous deductions

  • that are subject to the 2 percent adjusted gross income limitation,

  • which includes all of your employment related expenses.

  • You then take 2 percent of your adjusted gross income

  • and subtract it from the total.

  • The result is the amount that you can add to other itemized deductions

  • on Schedule A. Basically, the higher your adjusted gross income is,

  • the lower your deduction for employment related expenses will be.

  • There are, however, two employment related expenses you can

  • deduct that aren't subject to this adjusted gross income limitation

  • and don't require that you itemize.

  • If you ever move to a new area to work at a new job

  • or because your employer transfers you to a different office,

  • some of your moving expenses may be deductible.

  • And if you work at a school that enrolls students

  • between the kindergarten and 12th grade level,

  • you may be able to take a $250 educator expense

  • income adjustment for some of the classroom supplies you purchase.

  • Remember, when you use TurboTax to file your tax return,

  • we'll ask you simple questions about your job expenses

  • to get you the biggest deduction possible.

  • For more information about this and other tax topics, visit TurboTax.com.

Hello, I'm Jill from Turbo Tax with some important information about

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