Tax write off?

Started by Izlude_Tingel
Get help with your application

Use all the free resources available to you from SDN: articles, guides, expert advising, forums discussions, and school research.

Browse articles Compare schools My application plan Read Interview Feedback
Practice for interviews Ask an Advisor
I

Izlude_Tingel

Hi,
As I am almost done with my EM interviews, I have been saving my travel expenses stubs like hotel, airfare, gas, etc. I'd figure I can write it off for this coming year when I work. I don't know too much about this, but someone mentioned if all your items are not over 3,000 you are better off doing the standard deduction rather then itemized deduction. I don't think my expenses will add to more then 1000. Is it even worth saving all my spending stubs?
 
A) No, if you don't exceed the standard deduction it's not worth itemizing and B) if you are not already employed in the field you can't write off interview expenses. Sorry. Check out irs.gov for more info.
 
You must log in or register to reply here.