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#2
09-26-2003, 07:53 AM
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 Re: Job hunting expenses <reggiejo[at]yahoo.com> wrote: - quote - > I was involuntarily retired in August at age 56. I going
Sounds good to me, if the other seven days are mostly> to take a trip to western Europe to interview with some > of my former employer's competitors. I'll arrange seven > appointments over a two week period and have my airfare > paid. Most of my expenses will be lodging, meals, trains, > and possibly a car rental. > Will these be deductible on my 2003 tax return? traveling to the next interview and not just sight-seeing. So keep good records on itinerary. Get Publication 463 from www.irs.gov. Has good stuff in actual plain language, and says how much sight-seeing you can do and how to handle the weekend days. Fred F. << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#1
09-25-2003, 04:54 AM
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| Re: Job hunting expenses reggiejo[at]yahoo.com wrote: - quote - > I was involuntarily retired in August at age 56. I going
Looks good to me, provided that your former employer's> to take a trip to western Europe to interview with some > of my former employer's competitors. I'll arrange seven > appointments over a two week period and have my airfare > paid. Most of my expenses will be lodging, meals, trains, > and possibly a car rental. > Will these be deductible on my 2003 tax return? competitors are actually located in western Europe. If you're apply to European branches of American companies, it doesn't look good, although it may still hold up. -- This account is subject to a persistent MS Blaster and SWEN attack. I think I've got the problem resolved, but, if you E-mail me and it bounces, a second try might work. However, please reply in newsgroup. << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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09-25-2003, 04:15 AM
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| Re: Job hunting expenses reggiejo[at]yahoo.com writes: - quote - > I was involuntarily retired in August at age 56. I going > to take a trip to western Europe to interview with some > of my former employer's competitors. I'll arrange seven > appointments over a two week period and have my airfare > paid. Most of my expenses will be lodging, meals, trains, > and possibly a car rental. > Will these be deductible on my 2003 tax return? Likely, YES!!! "You may deduct travel expenses, including meals and lodging, you had in looking for a new job in your present trade or business. You may not deduct these expenses if you had them while looking for work in a new trade or business or while looking for work for the first time. If you are unemployed and there is a substantial break between the time of your past work and your looking for new work, you may not deduct these expenses, even if the new work is in the same trade or business as your previous work." "Jack" - John H. Fisher - TaxService[at]aol.com Philadelphia, Pa - Atlantic City, NJ - West Wildwood, NJ My Newsgroups & Boards at: http://members.aol.com/TaxService/index.html Where Ignorance is bliss, 'tis folly to be wise!=  << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#-1
09-23-2003, 10:48 AM
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| Job hunting expenses I was involuntarily retired in August at age 56. I going to take a trip to western Europe to interview with some of my former employer's competitors. I'll arrange seven appointments over a two week period and have my airfare paid. Most of my expenses will be lodging, meals, trains, and possibly a car rental. Will these be deductible on my 2003 tax return? << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
| Tags |
| expenses, hunting, job |
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