9 most overlooked tax deductions

Out of pocket charitable deduction – e.g. ingredients for meals you prepare for a nonprofit soup kitchen. Postage for fundraising mailing.

Charity mileage – you can deduct 14 cents per mile plus parking & tolls.

Student loan interest paid by the parents

Job hunting costs

Moving expenses to take your first job

Child care credit

Mortgage refinancing points

American opportunity credit

Credits for energy saving home improvements

 

John Jeng, CPAImage

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