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Deductions & credits
In regards to your non-reimbursed expenses, per the IRS, employee business expenses are a limited deduction. You can claim them only if:
- You can itemize deductions, and
- They exceed 2% of your adjusted gross income.
For example, if your adjusted gross income is $150,000, you have to have $3,000 in unreimbursed employee expenses before you can start claiming a deduction.
To enter Employee Expenses:
- Select "Federal Taxes" on the Tax Timeline
- Select "Deductions & Credits" on the second menu bar
- Click "Check for more tax breaks" then select "Skip to see all breaks"
- Scroll down to "Employment Expenses" and select "Show More"
- Select "Start" next to "Job Expenses for W-2 Income"
On the next screen you will see "Let us know if you had any of these expenses for your W-2 income":
- Vehicle expenses for work, not commuting
- Travel
- Meals and entertainment expenses
- Home office expenses
- Job-related equipment
If these apply to your situation, you will answer "Yes" to "Did you have any of these expenses in 2016 for your W-2 income?" Then follow the interview questions to enter information about the items purchased.
‎June 4, 2019
3:29 PM