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:

Question 17 options:

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)