Table of Contents
Limit on itemized deductions. For 2008, if your adjusted gross income is more than $159,950 ($79,975 if you are married filing separately), you may have to reduce the amount of certain itemized deductions, including most miscellaneous deductions. For more information and a worksheet, see the instructions for Schedule A (Form 1040), line 29, or Schedule A (Form 1040NR), line 17.
Standard mileage rate. The 2008 rate for business use of a vehicle is 50½ cents per mile (58 ½ cents per mile after June 30, 2008).
Meals when subject to “hours of service” limits. You can deduct 80% (up from 75%) of your business-related meal expenses if you consume the meals during or incident to any period subject to the Department of Transportation's “hours of service” limits. SeeTravel, Transportation, Meals, Entertainment, Gifts, and Local Lodging underUnreimbursed Employee Expenses, later.
Photographs of missing children. The Internal Revenue Service is a proud partner with the National Center for Missing and Exploited Children. Photographs of missing children selected by the Center may appear in this publication on pages that would otherwise be blank. You can help bring these children home by looking at the photographs and calling 1-800-THE-LOST (1-800-843-5678) if you recognize a child.
This publication explains which expenses you can claim as miscellaneous itemized deductions on Schedule A (Form 1040 or Form 1040NR). You must reduce the total of most miscellaneous itemized deductions by 2% of your adjusted gross income. This publication covers the following topics.
Some of the deductions previously discussed in this publication are adjustments to income rather than miscellaneous deductions. These include certain employee business expenses that must be listed on Form 2106 or 2106-EZ and some that are entered directly on Form 1040. Those deductions, which are discussed in Publication 463, Travel, Entertainment, Gift, and Car Expenses, include employee business expenses of officials paid on a fee basis and performing artists.
Note.
Generally, nonresident aliens are allowed miscellaneous itemized deductions to the extent they are directly related to effectively connected income.
Internal Revenue Service
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Publication
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463 Travel, Entertainment, Gift, and Car Expenses
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525 Taxable and Nontaxable Income
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535 Business Expenses
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587 Business Use of Your Home (Including Use by Daycare Providers)
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946 How To Depreciate Property
Form (and Instructions)
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Schedule A (Form 1040) Itemized Deductions
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2106 Employee Business Expenses
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2106-EZ Unreimbursed Employee Business Expenses
See How To Get Tax Help near the end of this publication for information about getting these publications and forms.
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