Question

Qualifying job search expenses are deductible even if the taxpayer does not change jobs.

A) True
B) False

Answer 1

False. Job search expenses are not deductible if the taxpayer does not change jobs.

Step-by-step explanation:

The statement, 'Qualifying job search expenses are deductible even if the taxpayer does not change jobs' is False.

In order to deduct job search expenses, a taxpayer must meet certain requirements. One of these requirements is that the expenses must be incurred in seeking a new job in the same occupation. If the taxpayer does not change jobs, the job search expenses would not be considered deductible.

For example, if a taxpayer is currently employed as a teacher and incurs expenses while searching for a new teaching position, those expenses would be deductible. However, if the taxpayer is searching for a job in a completely different occupation, such as becoming a chef, the expenses would not be deductible.