1.
Your work uniform: Believe it or not, the cost of your work clothing
could be deductible on your return. The IRS allows taxpayers to write
off the expenses for any required work uniform or clothing. The catch is
that your employer must require the clothing for your job, and you can
only use the clothing for work purposes.
2. Fees for a weight loss support group:
If you've been diagnosed with a weight-related illness such as obesity
or Type 2 diabetes, the fees you pay to attend regular weight loss
support meetings may be deductible. You must submit proof to claim your medical condition as a tax deduction.
3. Food for your pets: While you can't
write off the cost of food for a typical household pet, you can deduct
pet food expenses for seeing-eye dogs or guard dogs for your company.
4. College tuition:
The IRS allows taxpayers who pay college tuition out-of-pocket to write
off up to $2,000 of these qualified expenses. The expenses may include
costs of tuition, fees, or textbooks.
5. Gambling losses: The money you spend
while trying to hit the lottery jackpot might be an eligible tax
deduction. Gambling losses qualify as a tax break if you are involved in
legal gambling, and you've also won money or prizes from gambling in
that same tax year. If you decide to write off your losses, you can only
deduct an amount that is less than or equal to the amount you won from
gambling.
6. Paint removal: If your home has lead
paint, and one of your children has suffered from lead poisoning, you
may be able to write off the cost of removing the paint.
7. Retirement fund contributions: You will get a tax break for retirement
When you contribute funds from your paycheck to your retirement fund.
Just make sure that you abide by the annual contribution limits to get
the most tax benefit without losing too much of your take-home pay.
8. Sheltering a foreign exchange student:
If you agree to house a foreign exchange student for at least 15 days
out of the month, you can write off up to $50 for each month he or she
lives with you.
9. State and local mortgage help: If you
qualify for a mortgage credit certificate from your state or local
government, you can write it off on your taxes and get a credit of up to
$2,000.
10. Plastic surgery: In some cases, the
IRS allows reconstructive plastic surgery as an eligible medical
deduction. This is typically allowed when a taxpayer undergoes a
mastectomy and has reconstructive surgery afterward. The taxpayer must
show that the surgery was a result of a medical condition.
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