If your interview was during 2017 (or earlier) and for a job in the same line of work, your mileage expenses and other expenses are deductible. You can use the standard mileage rate (53.5 cents per mile for 2017) to figure your expenses.
Thus, if you drove 1,300 miles, your driving expense is $6,995. But you may take this deduction only if you itemize your personal deductions on your tax return.
Your expenses are deductible only if, and to the extent, they exceed 2% of your adjusted gross income. For example, if your AGI is $100,000, you may take this deduction only to the extent it exceeds $2,000; so you could deduct $4,995.
Can I Still Deduct Mileage For A Job Search After 2018?
Please note: The new tax law eliminates this deduction for 2018 through 2025. It is scheduled to return in 2026.
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3 comments on “Can I Deduct Mileage For A Job Search?”
How did you get $6,995. ?
Your decimal point if off a tad. The amount potentially deductible for the 1300 mile job search is $ 695.50 not $ 6955.00.
Your math is off. Moved the decimal point. 1,300 miles * $0.535 = $695.50, so nothing would be deductible in this example.
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