CareerBuilder and Liberty Tax Service Share List of Job Search and Work Expenses You May be Able to Claim on Your Taxes

   CareerBuilder and Liberty Tax Service Share List of Job Search and Work
               Expenses You May be Able to Claim on Your Taxes

- New Survey Reveals How Many Workers May Be Missing Out on Extra Dollars in
Their Refunds and How They Plan to Spend Them -

PR Newswire

CHICAGO, April 11, 2012

CHICAGO, April 11, 2012 /PRNewswire/ -- Did you know you may be able to write
off resume paper and travel to job interviews? How about steel-toe boots for
work and home office furniture? A new nationwide study from Liberty Tax
Service and CareerBuilder found a significant number of U.S. workers may not
be maximizing their tax refunds with only one-in-five (20 percent) reporting
they have claimed work-related expenses on their taxes. Only 7 percent have
claimed job search expenses. The national study, conducted by Harris
Interactive© from February 9 to March 2, 2012, included 6,000 workers across
industries and company sizes.

Eligible Job Search Expenses
When asked if they thought certain job search expenses would qualify for tax
refunds, at least three-out-of-four workers were not aware that you may be
able to claim professional resume-writing services and resume paper. While
more than half didn't know travel to and from job interviews may be claimed,
the majority of workers were aware that costs associated with relocating for a
job may be tax deductible.

Number of workers who didn't know you could potentially claim the following
job search expenses:

  oProfessional resume-writing service – 78 percent
  oResume paper – 84 percent
  oTravel (parking, tolls) to and from job interviews – 57 percent
  oRelocation to another city or state for a job (moving trucks, travel,
    temporary housing, etc) – 38 percent

"Documenting the costs of a job search may deliver a tax break whether it
results in a new position or not. Job search expenses may be deductible when,
totaled with employee expenses and other miscellaneous deductions, they exceed
2 percent of adjusted gross income," said John Hewitt, CEO of Liberty Tax

Eligible Work Expenses
While most workers understood uniforms, safety gear and home office equipment
or phone/Internet service may be tax deductible, at least half were not aware
certain travel expenses and home office furniture could potentially be claimed
depending on one's work situation.

Number of workers who didn't know you may be able to claim the following work

  oUniforms – 37 percent
  oSteel-toe boots for work – 42 percent
  oSafety glasses for work – 44 percent
  oTravel to see clients – 50 percent
  oTravel to work at different locations – 53 percent
  oHome office equipment – 38 percent
  oHome office phone/Internet services – 40 percent
  oHome office furniture – 59 percent

"Home office expenses may be claimed if you exclusively and regularly use your
home office as your principal place of business and/or meet other
requirements. It's important to be aware of the criteria for any eligible
work-related expense, so you can appropriately maximize your return," said

Eligible Education Expenses
Continued education is another area workers can often overlook when filing
their taxes. Just one-in-five (23 percent) have claimed their education
expenses on their tax return and more than half (55 percent) were not aware
that going back to school for new skills in their current occupation may be
tax deductible.

"With so many workers transitioning to faster-growing industries
post-recession, we see greater investments in acquiring new degrees and
certifications," said Rosemary Haefner, Vice President of Human Resources at
CareerBuilder. "If you're not researching which educational or career-related
expenses are tax deductible, you could be leaving money on the table."

More than half of workers (58 percent) file their taxes in January or
February, 28 percent typically file in March and 14 percent file in April or

How will workers spend their tax refunds?
Most plan to pay off debt or put the money into savings.

  oPay off bills – 41 percent
  oPut into savings – 34 percent
  oMake home improvements – 11 percent
  oGo on vacation – 9 percent
  oInvest it – 7 percent
  oPay back money they owe to people – 5 percent

Survey Methodology
This survey was conducted online within the U.S. by Harris Interactive© on
behalf of CareerBuilder and Liberty Tax Service among 6,000 U.S. workers
(employed full-time, not self-employed, government and non-government) between
February 9 and March 2, 2012 (percentages for some questions are based on a
subset, based on their responses to certain questions). With a pure
probability sample of 6,000, one could say with a 95 percent probability that
the overall results have a sampling error of +/- 1.27 percentage points.
Sampling error for data from sub-samples is higher and varies.

About Liberty Tax Service
Liberty Tax Service is the fastest growing retail tax preparation company in
the industry's history, with over 4,200 offices in the United States and
Canada. Founded by CEO John T. Hewitt, Liberty Tax Service has prepared over
9,000,000 individual income tax returns. With 42 years of tax industry
experience, Hewitt stands as the most experienced CEO in the tax preparation
business, having also founded Jackson Hewitt Tax Service. Each office
provides computerized income tax preparation, electronic filing, and online
filing through eSmart Tax. Liberty Tax Service has been ranked on Entrepreneur
magazine's annual "Franchise 500" every year since 1998.

About CareerBuilder®
CareerBuilder is the global leader in human capital solutions, helping
companies target and attract their most important asset - their people. Its
online career site,®, is the largest in the United States
with more than 24 million unique visitors, 1 million jobs and 45 million
resumes. CareerBuilder works with the world's top employers, providing
resources for everything from employment branding and data analysis to
recruitment support. More than 10,000 websites, including 140 newspapers and
broadband portals such as MSN and AOL, feature CareerBuilder's proprietary job
search technology on their career sites. Owned by Gannett Co., Inc.
(NYSE:GCI), Tribune Company and The McClatchy Company (NYSE:MNI),
CareerBuilder and its subsidiaries operate in the United States, Europe,
Canada and Asia. For more information, visit

Media Contacts:

Jennifer Grasz, Vice President of Corporate Communications

Liberty Tax Service
Martha O'Gorman, Chief Marketing Officer
(800) 790-3863 ext. 8022

SOURCE CareerBuilder; Liberty Tax Service
Press spacebar to pause and continue. Press esc to stop.