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How Do I Figure Out What Tax Deductions I Qualify For?

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  • Daniel826
    2015-03-11 05:00:01 PM
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    I'm always worried that I'm going to miss out on tax deductions I am unaware of. Does anyone know where I can find a good list of all the different deductions that are available for the average taxpayer? I don't make a lot of money, but also don't qualify for the Earned Income Tax Credit because I am a single individual with no children. Any suggestions would be great.
  • JaredS
    2015-03-12 11:36:49 AM
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    You and me both. I used to do my taxes by myself and was always worried that I would miss a credit or deduction I was eligible for. I go to a tax professional now, but if you are going to do your taxes yourself then I'd suggest visiting the IRS Credits and Deductions website. They break down all of the personal or business tax deductions you may be eligible for.

    You can visit their website here: http://www.irs.gov/Credits-&-Deductions
  • Max
    2015-03-13 11:18:16 AM
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    Nice, thanks. There's a lot of different deductions available that I wasn't really aware of.
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