What deductions can I take on my taxes?

Business expenses. Student loan interest. Traditional IRA contributions. HSA contributions. Charitable contributions. Medical expenses more than 10% of your AGI. Mortgage interest.

What are the 4 most common tax deductions?

Retirement Contributions. Charitable Donations. Mortgage Interest Deduction. Interest on College Education Costs. Self-Employment Expenses.

What are the 5 different tax deductions?

Personal Exemption. Standard Deduction. Charitable Contributions. Mortgage Interest. Tax-Advantaged Account Contributions.

The Latest Tax Deductions and Changes to the U.S. Tax Code