Solved: I was to be laid off Dec '15, in Oct.'15, I spent $400. for a resume,in Nov '15 I was extended to Apr. '16. Can I deduct the $400. in 2016 when I became unemployed?
cancel
Showing results for 
Search instead for 
Did you mean: 
Highlighted
New Member

I was to be laid off Dec '15, in Oct.'15, I spent $400. for a resume,in Nov '15 I was extended to Apr. '16. Can I deduct the $400. in 2016 when I became unemployed?

I was supposed to be laid off Dec. 2015. so in Oct 2015, I paid $400. to have a professional resume created for me.  But then in Nov. 2015, my job was extended to April 2016.  Can I deduct the $400. for job search expenses in 2016 when I actually became unemployed and used the resume for job search?  thank you, TT
1 Best answer

Accepted Solutions
Highlighted
Level 7

I was to be laid off Dec '15, in Oct.'15, I spent $400. for a resume,in Nov '15 I was extended to Apr. '16. Can I deduct the $400. in 2016 when I became unemployed?

No, unfortunately, you must deduct the expenses in the year that they were actually paid so the resume would have to be on the 2015 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"

View solution in original post

1 Reply
Highlighted
Level 7

I was to be laid off Dec '15, in Oct.'15, I spent $400. for a resume,in Nov '15 I was extended to Apr. '16. Can I deduct the $400. in 2016 when I became unemployed?

No, unfortunately, you must deduct the expenses in the year that they were actually paid so the resume would have to be on the 2015 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"

View solution in original post

v
Privacy Settings