Top Tax Deductions you shouldn't miss

If you don't know about a potential tax break, you won't take it. Here are the deductions that a lot of taxpayers often forget.

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10 big deductions too many people miss

smarter smarter - 11 months ago

  

  1. Noncash contributions
  2. New points on refinancing
  3. Old points on refinancing
  4. Health insurance premiums
  5. Educator expenses
  6. Student higher education expenses
  7. Clean fuel credit
  8. Investment and tax expenses
  9. Casualty deductions
  10. More from MSN Money
  11. Retirement tax credit  

via msn

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The 11 Most Overlooked Tax Deductions

smarter smarter - 11 months ago

1. State sales taxes.

2. Reinvested dividends.

3. Out-of-pocket charitable contributions.

4. Student loan interest paid by mom and dad.

5. Moving expense to take your first job.

6. Military reservists travel expenses.

7. Child-care credit.

8. Estate tax on income in respect of a decedent.

9. State tax paid last spring.

10. Refinancing points.

11. Jury pay paid to employer.

via kiplinger

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10 Major Tax Deductions You Can Pocket

smarter smarter - 11 months ago

1. Children as employees.

2. Travel Expenses.

3. Subscriptions.

4. Vehicles and their maintenance expenses.

5. Advertisement expenses.

6. Telephone expenses.

7. Home office expenses.

8. Social security taxes.

9. Gifts to suppliers or clients.

10. Office expenses.

via morebusiness