- Cash donations
IRS-approved cash donations to charities can be deducted up to 50% of your adjusted gross income. - Non-cash donations
If you itemize your list, you can claim the fair market value of the household items and clothing you donated. - Donate time and expertise
Puede deducir el costo de la gasolina de los viajes hacia y desde tus lugares de voluntariado.
- Job Search Expenses
If you itemize your list, expenses incurred in your job search can be deducted, such as shipping, printing, and mailing. - Relocation for a job
If you meet the IRS distance and time tests after moving for a new job, you can take the moving expense deduction. This includes the costs of moving belongings and traveling to your new home and the cost of lodging for household members. - Tax Preparation Fees
Whether you paid someone else to pay your taxes or completed them yourself, you can include those fees in your list of miscellaneous tax deductions if the fees add up to more than 2% of your adjusted gross income. - Home Renovation Deduction
Generally, home improvement expenses are not deductible. However, if the improvements made are for medical purposes, you can deduct those renovations as medical expenses.
- Home business expenses
Expenses incurred while using your home as the primary location for your business may be deductible. - Business travel expenses
You may be able to deduct expenses incurred during business travel that were not reimbursed by your employer. - Hobby expenses
If you suffered a net loss from a hobby, it may be deductible. - Safe-deposit box
Safe deposit box fees for document storage related to tax investments are tax deductible. - Losses per game
Gambling losses may be deductible up to the amount of gambling income you have reported. - Robbery and disaster
Household items and vehicles not covered by insurance are deductible.
- Self-employment health insurance expenses
Premiums paid for medical and dental insurance are deductible for self-employed taxpayers. - 401k contributions
The money you contribute to your 401k from the income you claimed on your federal returns in deductible. - Union dues
You can deduct union dues and initiation fees from taxable income. - Work attire
Clothing such as work clothes and uniforms that are not suitable for daily wear can be deducted. - Senior Citizen Tax Deduction
If you and your spouse were age 65 or older in 2022, you are eligible for a higher standard deduction. - Car registration fees
Vehicle registration fees may be eligible for a deduction. - Jury duty
If you gave your jury pay to your employer because your employer continued to pay you, you can deduct jury pay from your taxable income. - Earned Income Tax Credit (EITC)
EITC is a refundable tax credit intended to supplement income. - Deduction for bad debt
You may qualify for a tax refund if money was lent to you and never paid back. - Sales tax
Taxpayers can choose to deduct state and local income taxes or state and local general sales taxes.
If you need extra help you can consult our chatbot specialized in taxes here and you can also download the Pullce app where you will find various tools such as tax estimation, deductions, you can also schedule an appointment for one of the professional tax preparers from our team to help and advise you.
