Cashing In on Cashier’s Tax Time Deductions

There’s more to being a cashier than just scanning a barcode with a red laser. If you’re aware of all the tasks that a cashier does, you’ve likely been employed as one at some point. As a cashier, you are entitled to some expense deductions at tax time that can save you money on your total tax liability. Your employer will supply you with a Form W-2, Wage and Tax Statement, which documents your income and withholdings.

You can lessen the amount of taxes you owe by deducting any expenses you incurred as a cashier. You can claim these deductions as a 2% limited miscellaneous deduction on Schedule A, Itemized Deductions. You’ll need to keep all your receipts to document your expenses. You can claim expenses relating to union dues and subscription fees for work-related publications.

Provided they meet certain standards, education and training courses may also be deductible. Generally, this includes refresher classes, vocational courses, and classes to announce new developments. If the education qualifies you for a new occupation or allows you to meet minimum certification for your present trade it is not deductible.