Tag Archives: miscellaneous deduction
People often consider three big deduction when they think of itemizing: home mortgage interest, state and local income taxes, and charitable donations. Though, there are many additional deductions aside from the three common ones. These deductions are typically considered “miscellaneous itemized deductions” and are able to be claimed if they are more than 2% of […]
— Read moreCertain miscellaneous expenses, like consultation fees for tax services that you incur throughout the year, may be able to be deducted at tax time. If you chose to itemize your expenses, you may even be able to lower the amount of taxes you owe. If you want to claim miscellaneous deductions on your tax form, […]
— Read moreWhen you seek out a new job in the same occupation, you may be able to deduct some of the costs you incur through the hunting process. If you want to know how to get a little more cash back in a time when you’re trying to save, you should be aware of the following […]
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