Message Font: Serif | Sans-Serif
No. of Recommendations: 0
I received some 1099-misc consulting income last year (so I'm dealing with Sch C for the first time) as well as W-2 income. Before I landed my consulting gig, I racked up a lot of expenses on interviews and marketing around the world (so my travel expenses are a good percentage of my 1099 income). Are these job-hunting-related expenses deductible as travel expenses on my Schedule C?

Does it matter that I landed a temporary, full-time salaried (W-2) position (for five months) before I found my consulting position? Since I was not working when I started my job search, I am not sure if I can itemized those beginning of year job hunting expenses, so it would help a lot if I could deduct them on my Sch C.

Also, in general, can I use the federal and State Dept per-diem rates to expense my meals, entertainment, and incidentals during these trips (or do I need actual receipts) on my Sch C? Thanks.
Print the post  


In accordance with IRS Circular 230, you cannot use the contents of any post on The Motley Fool's message boards to avoid tax-related penalties under the Internal Revenue Code or applicable state or local tax law provisions.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.