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New Member
posted Jun 4, 2019 5:49:38 PM

I was unemplyed for 6 months last year. What expensess can I deduct from my earnings? I leased a car when I was working.

Can I deduct the lease payment and mileage of my car when I was looking for a job for 6 months last year?

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1 Best answer
Intuit Alumni
Jun 4, 2019 5:49:40 PM

Due to the new tax law change the Tax Cuts and Jobs Act, ( TCJA), for 2018 through 2025Congress suspends all miscellaneous itemized deductions ( Form 2106) that are subject to the 2 percent of adjusted gross income floor. This change affects un-reimbursed employee expenses such as job search, job-related travels, uniforms, union dues and the deduction for business-related meals and entertainment.  You will not be able to deduct any unreimbursed employee expenses on your 2019 tax return. 

 

[Edited 4/3/2020 | 3:51 PM]

1 Replies
Intuit Alumni
Jun 4, 2019 5:49:40 PM

Due to the new tax law change the Tax Cuts and Jobs Act, ( TCJA), for 2018 through 2025Congress suspends all miscellaneous itemized deductions ( Form 2106) that are subject to the 2 percent of adjusted gross income floor. This change affects un-reimbursed employee expenses such as job search, job-related travels, uniforms, union dues and the deduction for business-related meals and entertainment.  You will not be able to deduct any unreimbursed employee expenses on your 2019 tax return. 

 

[Edited 4/3/2020 | 3:51 PM]