Your expenses are not deductible if the education is required to meet the minimum educational requirements of your job or is part of a program that will lead to qualifying you in a new trade or business. I am an employee. Generally, you must use Form 2106, Employee Business Expense , or Form 2106-EZ, Unreimbursed Employee Business Expenses , to figure your deduction for employee business expenses, and attach if to your Form 1040. Special rules may apply, depending on your employer's reimbursement arrangement. Our home was seriously damaged by flooding last year.
Casualty losses are generally deductible only in the year the casualty occurred.
However, if you have a deductible loss from a disaster in an area that is officially designated by the President of the United States as eligible for federal disaster assistance, you can choose to deduct that loss on your return for the year immediately preceding the loss year. In other words, you may treat the loss as having occurred in either the current year or the previous year, whichever provides the best tax results for you. If you have already filed your return for the preceding year the loss may be claimed by filing an amended return, Form 1040X. 17. I am in a disaster area and heard the IRS could help me. If you have been impacted by a Presidentially declared disaster the IRS can help you by delaying the filing of returns and payment of taxes you owe and by waiving penalties and interest in some circumstances if the disaster has caused you to file or pay late.