Tax Experts
When Can You Deduct Employee Expenses?
By Kevin McCormally, Editorial Director, Kiplinger.com
March 19, 2008
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Q: If you fall under the standard deduction, can you still write off employee-related expenses? Or would that be considered an itemized deduction? -- Joe
Kevin's Answer:
Most employee business expenses are considered miscellaneous expenses, deductible only if you itemize and only to the extent that all your miscellaneous expenses exceed 2% of your adjusted gross income.
One important exception is that qualifying job-related moving expenses are deductible as an adjustment to income, even if you claim the standard deduction.
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