Here’s who qualifies for the employee business expense deduction

External Author |

Employee business expenses can be deducted as an adjustment to income only for specific employment categories and eligible educators.

Taxpayers can no longer claim unreimbursed employee expenses as miscellaneous itemized deductions, unless they are a qualified employee or an eligible educator. They must complete Form 2106, Employee Business Expenses, to take the deduction.

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Article Written By:  NA

Original Article Posted on:  16-Nov-2020