Work + Money

Whether you’re on the job or looking for one, it’s easy to rack up a hefty tab of related expenses. (Toner isn’t cheap!) If your company won’t reimburse you, don’t just swallow the costs. Some expenses can be written off come tax time next year. According to the IRS, you can deduct certain expenses to the extent that they exceed 2 percent of your adjusted gross income. So whether you’re cabbing it to an after-hours work function or schmoozing a potential client over drinks, be sure to save those receipts. You’ll need them come April.

1. You Wear a Uniform to Work
If the dress code at your workplace calls for business casual, you can’t get away with writing off the Theory pantsuit you just snapped up from Saks. But, if your office demands that you only wear a specific item that’s not suitable to be worn outside of work, then you can comp the costs. If you are required to wear a uniform to work—you’re an an airline attendant or Best Buy salesperson—this rule may save you some serious cash.

2. If You Take Taxis to Work Functions
If your boss wants you attend a conference across town, don’t swallow the marginal costs you’ll rack up for the event—like dry cleaning or a cab rides to and from. Always save the receipts, and even make a note on them as to which event they correspond to.

3. Work at Home, Save at Home
According to the IRS, if you telecommute there could be some savings in it for you. In order to claim expenses for your home office, the space must be used regularly and exclusively as the principal location of your job, or where you meet with clients. Writing up patient charts in bed doesn’t count.

Click here more Work Expenses You Can Expense (and 2 You Can't)

By Jihan Thompson - Career & Money Blogger - Marie Claire

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