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August 10, 2023
Question

Texas mortgage loan officer that is W2 - can they write off expenses on a schedule C?

  • August 10, 2023
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1 reply

August 10, 2023

employees can no longer deduct expenses related to their job.  

Employee
August 10, 2023

Sorry---W-2 employees cannot deduct job-related expenses on a federal return.  Job-related expenses were eliminated as a federal deduction for W-2 employees by the tax laws that changed for 2018 and beyond.  Your state tax laws might be different in AL, AR, CA, HI, MN, NY or PA.

 

 

 

https://ttlc.intuit.com/questions/4482873-which-federal-tax-deductions-have-been-suspended-by-tax-reform

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**