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TaxRobin
TaxRobin, Tax Preparer
Category: Social Security
Satisfied Customers: 13314
Experience:  15+ years in tax preparation and instruction
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How money do i have left to pay deductions or other

Customer Question

How money do i have left to pay deductions for work or other adjustments
Submitted: 10 months ago.
Category: Social Security
Expert:  TaxRobin replied 10 months ago.

Hello

If you wish to deduct expenses you have from work, you must file a Schedule A to itemize instead of using the standard deduction and your expenses need to be more than 2% of your adjusted gross income.

For example: You have work expenses of $2000. Your Adjusted Gross Income is $35000. 2% of your Adjusted Gross Income is $700. So the amount of your expenses over $700 will be a deduction on the Schedule A.

You look at your income then multiply that by 2% to see how much of your expenses are deductible.

After you view my response, please post below if you need more information or if you need no further clarification a positive rating is appreciated.
I know rating takes an additional step and I truly appreciate it when you take the extra time!

Expert:  TaxRobin replied 10 months ago.

Please advise if you need more information