As you wait on your W 2’s to file your taxes, don’t cheat yourself. Be mindful of these overlooked tax deductions.
* Out Of Pocket Charitable Tax deductions:Drove your car for charity in 2013,deduct 14 cents per mile, plus parking and tolls paid. Prepared a meal for a non-profit organization?…Deduct what you spent on ingredients.You will need documentation from the charity for a contribution of $250 or more.
*Job Hunting Cost: Money spent for Costs of printing resumes, business cards, postage,etc.Hotel & food expenses if your job search had you away from home overnight.Cab fare, employment agency fees, etc. drove your own car….56.5 cents a mile for driving plus parking and tolls.
*State Income Tax Paid Last Year: If you owed State Income Tax in 2013 include that amount in your state-tax deduction on your 2013 federal return.
For more tax deductions click here….
