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15 Overlooked Tax Deductions - Kiplinger.com

posted November 3, 2009 - 5:21pm
15 Overlooked Tax Deductions - Kiplinger.com

 

In my country, some office buys raw material below $ 100 so the government will not charge the tax. If they need other things, they will buy again. Amid the crisis, we should be clever to buy anything and we should consider deducting our expenses. We can use the money for saving and it will raise our wealth.
Here are some things that can cut our tax:
  1. State Sales Taxes
  2. Reinvested Dividend
  3. Off pocket Charitable Contribution
  4. Student Loan Interest paid by Mom and Dad
  5. Moving Expense To take your first job
  6. Military Reservist Travel Expense
  7. Child Care credit
  8. Estate Tax on Income in Respect of Decedent
  9. State Tax Paid Last Spring
  10. Refinancing Points
  11. Jury Pay paid to employer
  12. Recovery Rebate Credit
  13. Double Hope and Lifetime Learning Credit
  14. Property Tax Deduction for Non-Itemizers
  15. Causality Loss Deduction for Non-Itemizers

 


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