2422877
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

How to write off payment to previous employer

Just started a new job and got sign-on bonus aiming to pay back my previous employer for the cost of green card fee (in 2019, not on W2), education assistance (in 2020, qualified edu assist program, not on W2) and sign-on bonus (in 2019, on W2). Can these be treated as cost of my current job and deducted from current sign-on bonus in tax return?

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
RobertB4444
Expert Alumni

How to write off payment to previous employer

Probably not.

 

Employee business expenses were removed as a deduction in 2018.  If you are a contractor, then you can remove these expenses as expenses for your business.  If you are an employee, then these expenses are deductible on a few state tax returns but not on your federal return.

 

Here's the IRS guidance on employee business expenses.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question