Tax Tip Tuesday: Unemployment write-offs

job cuts and pay cuts put many americans in some unexpected situations this tax season if you re in that boat we have some expert advice to help you file your return in tonight s tax tip tuesday losing your job doesn t mean your x return is going to get that much easier to complete in fact tax experts say there are several things you can t forget 21 36-21 51 items such as unemployment compensation items such as severance pay cashing in your vacation leave or other items along that nature those items generally speaking are going to be taxable and includable on your return you won t have to report the first 24-hundred dollars you receive in unemployment help if you spent some time looking for a job last year the government is going to help you out with that too 6 40-6 47 any of those job hunting expenses you incur printing resumes different things
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06 10 pm like that you can also write those off