Itemized deductions, choosing

1 reply
13 views

Based on the 2% rule, I can claim 726$ from a 36300 agi. When i input all of the costs into the job related expenses, why am i not seeing a difference on my totaled federal tax return?

TurboTax Deluxe Online

SweetieJeanAnswer

Alumni - Champ

Are your total itemized deductions more than the Standard deduction?

And you only get a deduction for the job expense amount that is in excess of $726. So, a $750 job expense only gives you a $24 deduction..

SweetieJean

Answer

Alumni - Champ

Are your total itemized deductions more than the Standard deduction?

And you only get a deduction for the job expense amount that is in excess of $726. So, a $750 job expense only gives you a $24 deduction..

Itemized deductions, choosing

1 reply

Unlock tailored help options in your account

Get answers to all your tax questions

Unlock tailored help options in your account

Get answers to all your tax questions

Sign up

Login with SSO

Let's get you signed in

Login with SSO