Tax Tip 2020-155: Here’s who qualifies for the employee business expense deduction
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Issue Number: Tax Tip 2020-155Here’s who qualifies for the employee business expense deduction
Taxpayers can no longer claim unreimbursed employee expenses as miscellaneous itemized deductions, unless they are a qualified employee or an eligible educator. They must complete Form 2106, Employee Business Expenses to take the deduction. If someone falls into one of these employment categories, they are considered a qualified employee:
No other type of employee is eligible to claim a deduction for unreimbursed employee expenses. Here’s what makes something a qualified expense:
Taxpayers should know there are nondeductible expenses.
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