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    theloanguy's Avatar
    theloanguy Posts: 1, Reputation: 1
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    #1

    Jan 31, 2011, 10:30 PM
    How do I file Taxes on second Job with no income
    I became a Loan Officer last Jan and had no income for the whole year... for that job. My 1st job pays the bills. I have expenses, scgool, licenses books and tests for federal and state. How do I claim these expenses? I am with a firm but no w2 this year.
    ebaines's Avatar
    ebaines Posts: 12,131, Reputation: 1307
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    #2

    Feb 1, 2011, 10:43 AM

    You can deduct unreimbursed job expenses to the extent they exceed 2% of your adjusted gross income - you show these as misc deductions on schedule A. See the instructions for lIne 21 of Schedule A here: http://www.irs.gov/pub/irs-pdf/i1040sca.pdf

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