Top “22” Hot Tax Tips!

The following is a list of Expense Items that are deductible on your tax return. Remember to have supporting documents to prove your expenses in event of an audit. Good Luck!

1. Medical Expenses for the Family.
2. Medical Insurance Paid.
3. Prescription Medicines & Drugs.
4. Doctor and Dentist Payments.
5. Hospital and Nurse Payments.
6. Miles Traveled for Medical Purposes.
7. Home Mortgage Interest from Form 1098.
8. Home Second Mortgage Interest Paid.
9. Real Estate Taxes Paid.
10. State Taxes Paid with Last Year’s Return (if itemized).
11. Personal Property Taxes.
12. Cash Contributions to Charities.
13. Fair Market Value of Non-cash Contributions.
14. Un-reimbursed Expenses Related to Volunteer Work.
15. Miles Traveled for Volunteer Purposes.
16. Casualty and Theft Losses.
17. Un-reimbursed Expenses Related to Your Job.
18. Miles Traveled Related to Your Job.
19. Union and Professional Dues.
20. Investment Expenses.
21. Job-hunting Expenses.
22. Moving Expenses.

This Journalist holds an M.B.A. degree in Taxation and is Licensed to Practice before the I.R.S. for Church Seminars: (212) 560-7177.