Question

After graduating from college with a degree in chemistry, Alberto obtains a job as a chemist with DuPont. Alberto's job search expenses qualify as deductions.

A) True
B) False

Answer 1

The statement after graduating from college with a degree in chemistry, Alberto obtains a job as a chemist with DuPont. Alberto's job search expenses qualify as deductions is false.

Step-by-step explanation:

In general, job search expenses are not deductible for individuals seeking their first job or changing careers. However, certain expenses related to job searches within the same field may be deductible, such as costs associated with preparing and sending resumes, travel expenses for interviews, and placement agency fees. It's important to note that tax laws can change, and individual circumstances vary, so it's advisable to consult with a tax professional for personalized advice