Job Hunting Tax Tips

Part of the Video Series Tips for Filing Taxes

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Unemployed? You can get tax breaks if you are searching for a job in this free video clip about business tax deductions.

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Job Hunting Tax Tips
Hi, I'm Tom Choisnet, enrolled agent. This particular segment is regarding "per diem". It's commonplace for construction workers who travel and government workers and other corporate people to get a per diem allowance for their travel, and they need only show that they're in the area, or that they have traveled. The present amounts for low cost areas is $107 per day for lodging, $45 per day for meals to a maximum of $152, and the high cost limits are $179 for lodging, $58 for meals, for a maximum of $237. That's a good way to get some tax-free income, and many companies are structured that way, so you might want to look at your company's organization and see if that might apply to you. There are many areas of per diem that's greater than the low cost standard and less than the high. There are charts on irs.gov that you may examine as they apply to you. Thank you for watching this segment.

About the Expert

Expert: Tom Choisnet has been in self-employed tax practice for over 40 years, and he has been an enrolled agent since 1968. He has prepared over 35000 tax returns. Read More