List of Tax Deductions
If you itemize your deductions when you file your tax return, you might have wondered where can you can find a list of tax deductions. You can go through the IRS website or sit for an hour long consultation with a Tax pro.
Most people do not take advantage of all the Tax Deductions that they are eligible for - this can make a huge difference in how much of your money you keep for yourself versus paying Uncle Sam in taxes. Here is a list of deductions for reference - use it as a starting point for further investigation.
Only your tax preparer or tax professional can tell you for sure if any of these deductions apply to you. You can use this list of tax deductions to see if you might have missed out on some valuable tax deductions. This is by no means a complete list -its only the most common deductions, and most of these could apply to a wide range of individuals.
List of Tax Deductions :
Auto registration fees
- Tip: If you don't remember how much you paid, see your auto registration card.
Real estate expenses
- Mortgage interest
- Mortgage prepayment penalties
- Early withdrawal Penalties
- Points paid for mortgage on primary residence
- Real estate taxes