22 Most Overlooked Tax Deductions

22 Most Overlooked Tax Deductions
13
Mar

Tax season is almost upon us and it’s time to start preparing. If you don’t want to end up giving the government your entire paycheck . . . or maybe the next few, then download the free 22 Most Overlooked Tax Deductions template, today.

This free document has everything you need to start saving money on your taxes with some of the most comprehensive tax deductions for general use. You’d be surprised at the number of people that qualify for these deductions too.

You can get started with this free template today by following the instructions below.

How to Use the 22 Most Overlooked Tax Deductions

You will want to download the free template by clicking the link at the bottom of this page.

Next, you will begin at the top of the page and select scroll down to the first item, the “State Sales Taxes.” This item essentially applies if you live in a state that does not impose a state income tax. Congress offers itemizers the choice between deducting the state income taxes or state sales taxes they paid. You choose whichever saves you the most money.

Continue down to the list to “Student-loan Interest Paid by Mom and Dad.” This is a great deduction for struggling millennials. Basically, if parents pay back a child’s student loans, the IRS treats the transactions as if the money were given to the child, who then paid the debt. It’s like free money to students!

You can simply go through the list, in the same manner, one-by-one to find deductions that apply to your specific situation and save them for when you do your taxes.

You can even delete the ones that don’t apply to you and present your tax professional with your list of deductions as simple suggestions.
Get started today by clicking the link below.

 

Download: 22 Most Overlooked Tax Deductions