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Tax tips - July 20, 2012
Job search expenses tax deductible
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Summertime is the season that often leads to major life decisions, such as buying a home, moving or a job change. If you are looking for a new job that is in the same line of work, you may be able to deduct some of your job hunting expenses on your federal income tax return. Here are seven things the IRS wants you to know about deducting costs related to your job search: 1.