Question 1 (2.5 points) 4) Listen Under prior law, job-seeking expenses were deductible as a miscellaneous itemized deduction in excess of 2% of AGI if incurred by an individual who is employed and looking for work in the same trade or business: 1) Only if the individual actually found a new job 2) Regardless of whether the individual found a new job 3) If the expenses related to the individual's first job 4) Both (a) and (b)