Can You No Longer Write off Business Expenses?
Deductions for Unreimbursed Employee Expenses You can no longer claim any miscellaneous itemized de- ductions that are subject to the 2%-of-AGI limitation, in- cluding unreimbursed employee expenses.
Can you still claim miscellaneous itemized deductions?
This publication explains that you can no longer claim any miscellaneous itemized deductions, unless you fall into one of the qualified categories of employment claiming a deduction relating to unreimbursed employee expenses.
When is an expense normal in a business?
An expense is ordinary if it is common and accepted in your trade, business, or profession. An expense is neces- sary if it is appropriate and helpful to your business.
