- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
It is doubtful that you will be able to recoup that money.
Employee business expenses entered on Form 2106 is the place that the out-of-pocket expense would normally have been claimed. This deduction was suspended by the Tax Cuts and Jobs Act in 2017 for tax years 2018 through 2025. However, some states did not conform to this Federal change. That is the reason that TurboTax is suggesting that it could be a state deduction. If you have entered the information and your state happens to be one that did not conform to the change, then the information will be carried to your state return.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
‎February 2, 2021
11:20 AM
476 Views