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Tax deduction - Wikipedia


A common such deduction is a fixed allowance for the ... expenses) are referred to as “itemized deductions” for individuals.

Tax Topics - Topic 500 Itemized Deductions - IRS.gov


Tax Topics - Itemized Deductions. Topic 500 - Itemized Deductions. The following topics are found in the category of Itemized Deductions. Each topic is followed ...

How to Itemize Tax Deductions
Federal income taxes can swallow up a big portion of your income. Getting the most deductions possible is the only way to legally reduce the amount of tax you pay. To get all the deductions you can, you'll need to itemize your tax deductions. It's more... More »
Difficulty: Moderate
Source: www.ehow.com

9 Things You Didn't Know Were Tax Deductions - TurboTax Tax Tips ...


You have the option of deducting sales taxes or state taxes off your federal income tax. In a state that doesn't have its own income tax, this can be a big money ...

Itemized deduction - Wikipedia


Under United States tax law, itemized deductions are eligible expenses that individual taxpayers can claim on federal income tax returns and which decrease their taxable income ... After computing t...

The 10 Most Overlooked Tax Deductions - TurboTax Tax Tips ...


For most citizens of income-tax states, the income tax deduction usually is a better ... But the little things add up, too, and you can write off out-of-pocket costs you ...

Tax Topics - Topic 452 Alimony Paid - IRS.gov


Dec 30, 2015 ... You do not have to itemize deductions to deduct your alimony payments. You must file Form 1040 (PDF), U.S. Individual Income Tax Return, ...

Publication 17 (2015), Your Federal Income Tax - IRS.gov


Alimony is deductible by the payer, and the recipient must include it in income. ... These include payments for your spouse's medical expenses, housing costs ...

Deducting Alimony Payments at a Glance - IRS.gov


You can deduct alimony paid to or for a spouse or former spouse under a divorce ... U.S. Individual Income Tax Return (PDF), your deduction may be disallowed.

Popular Q&A
Q: What are some tax deductible items that most people don't kno...
A: Breast implants! Well, at least if you're an exotic dancer you could file them as business ... a dancer went up in direct proportion to the size of my ches... Read More »
Source: www.quora.com
Q: What are some of the most overlooked tax deductions? - Quora
A: The Internal Revenue Service (IRS) has some positive and interesting rules around second homes: You can deduct mortgage interest and Property Tax on a  ..... Read More »
Source: www.quora.com
Q: What tax deductions do you claim as an employed software ... - Qu...
A: Mar 31, 2013 ... You can deduct unreimbursed employee expenses on Line 21 of Schedule A to the extent that those expenses exceed 2% of your adjusted ... Read More »
Source: www.quora.com
Q: What are tax deductible expenses? - Quora
A: Tax deductible expenses decrease the amount of tax you owe the government. Examples are work-related expenses like uniforms and home office, Individual ..... Read More »
Source: www.quora.com
Q: Can I deduct part of my rent in tax return if I sell items on Eba...
A: You can only deduct that portion of your house that is used exclusively and regularly as the principal place of your business. If you just work in your living ... Read More »
Source: www.quora.com