topic How come upon entering my job expenses it does not increase my refund? in After you file

How come upon entering my job expenses it does not increase my refund?

aarond07 — Thu, 06 Jun 2019 14:05:11 GMT

Did you enter a W-2? Are the expenses related to that job?

xmasbaby0 — Thu, 06 Jun 2019 14:05:12 GMT

Did you enter a W-2? Are the expenses related to that job?

Employee business expenses are entered on Schedule A as a...

DoninGA — Thu, 06 Jun 2019 14:05:14 GMT

Employee business expenses are entered on Schedule A as an itemized deduction. Only the amount of expenses greater than 2% of your AGI is deductible. Then the Total itemized deductions must be greater than the standard deduction for your filing status to have a tax benefit.

and you must upgrade from TT Free to itemize,.

SweetieJean — Thu, 06 Jun 2019 14:05:16 GMT

and you must upgrade from TT Free to itemize,.

Yes I entered my w2. I had to buy all my tools and clothe...

aarond07 — Thu, 06 Jun 2019 14:05:17 GMT

Yes I entered my w2. I had to buy all my tools and clothes for my job. About $350 worth of equipment for me to be able to work.I entered it in and it did not increase

Do you have any other itemized deductions? Is your income...

SweetieJean — Thu, 06 Jun 2019 14:05:18 GMT

Do you have any other itemized deductions? Is your income than $17,500?
Example: $25,000 income. 2% of 25,000 is $500. Since $350 is less than $500, you cannot count it.

I see now. Thanks sweetie.

aarond07 — Thu, 06 Jun 2019 14:05:20 GMT

I see now. Thanks sweetie.

Job-related expenses are reported as a miscellaneous expe...

AnthonyC — Thu, 06 Jun 2019 14:05:21 GMT

Job-related expenses are reported as a miscellaneous expense using Form 2016. However, as a W2 employee they are difficult to actually deduct from your taxes (and thus see any tax benefit). This is because they are subject to a 2% floor. Under the 2% rule, you're only allowed to deduct the portion of total miscellaneous expenses that exceeds 2% of your adjusted gross income (AGI).

Example: You have AGI of $50,000. Thus, under the 2% rule you would only be able to deduct the amount of expenses that exceeds $1,000. So, the first $1,000 would not be deductible.

You must also be able to itemize your deductions to benefit from these expenses. This means your total allowable itemized deductions (things like mortgage interest, property taxes, charitable, medical, and job related) must exceed the standard deduction before you see any tax benefits from adding the itemized deductions.

https://ttlc.intuit.com/questions/2902781-what-is-the-2-rule

You can read more about deducting Employee Expenses here

https://ttlc.intuit.com/questions/2902800-where-do-i-enter-job-related-employee-expenses-form-2106