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Go to www.oxygenfinancial.net to request a consultation to figure out how build a tax management strategy that is right for you in 2010.
Get the most out of your Tax Return for 2010 - Here is the list of the MOST Commonly Overlooked Tax Deductions:
Get the most out of your Tax Return for 2010 - Here is the list of the MOST Commonly Overlooked Tax Deductions:
Go to www.oxygenfinancial.net to request a consultation to figure out how build a tax management strategy that is right for you in 2010. Get the most out ... more
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Created 01/20/10
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1
Miscellaneous Deductions On Your Itemized Deduction Form
(investment and tax expenses, unreimbursed employee expenses, etc.)
2
Business Owner Deductions
(especially if you file a schedule C or have a single member LLC)
3
State Sales Taxes
(especially for individuals that live in states with no income tax)
4
Non-Cash Charitable Contributions
(do you really know what that bag of stuff is worth?)
5
Teacher Expenses
(I’ve hardly ever met a teacher who didn’t buy some supplies out of pocket)
6
Points
(on new mortgages and on refinancing)
7
Mileage
(charitable, medical, business, and moving)
8
Private Loans
(if you have documented and if they haven’t paid back)
9
Student Loan Interest
(often missed after someone graduates college)
10
Including Reinvested Dividends To Your Cost Basis On The Sale Of A Mutual Fund
(people often don’t include because they don’t understand)
[source: Your Smart Money Moves ]
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