The 13 Most Overlooked Tax Deductions

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The 13 Most Overlooked Tax Deductions
by Kevin McCormally
Thursday, February 1, 2007

Every year, the IRS dutifully reports the most common blunders we taxpayers make on our returns. And every year, at or near the top of the list is forgetting to enter a Social Security number or making a mistake when entering the nine digits that identify us to IRS computers.

Before you bemoan such stupidity, ask yourself a simple question: Is that the most common error? Or just the most easily noticed goof?

Tax time is a dangerous time. It's all too easy to miss a trick and pay too much.

Years ago, the head of the IRS told Kiplinger's Personal Finance magazine that he figured millions of taxpayers overpaid their taxes every year by overlooking just one of the money-savers listed below.

Without further ado, here are The Unlucky 13, a baker's dozen of the most overlooked tax deductions. Claim them if you deserve them...and cut your tax bill to the bone.

More:
http://finance.yahoo.com/taxes/article/102380/The_13_Most_Overlooked_Tax_Deductions