TribLIVE

| Business


 
Larger text Larger text Smaller text Smaller text | Order Photo Reprints

Don't forget these tax deductions

Email Newsletters

Click here to sign up for one of our email newsletters.

On the Grid

From the shale fields to the cooling towers, Trib Total Media covers the energy industry in Western Pennsylvania and beyond. For the latest news and views on gas, coal, electricity and more, check out On the Grid today.

Don't forget these deductions

The number of deductions you can take might surprise you. But many tax filers may miss out on some deductions because they do not know they exist.

If you'd like to learn about overlooked deductions available for the 2012 tax season, you might spend a little time visiting one of these websites:

• AARP: Features 10 tax tips that people older than 50 should be aware of. www.aarp.org/money/taxes/info-02-2012/tax-tips-you-should-know.html

• H&R Block: Covers important tax credits. www.hrblock.com/free-tax-tips-calculators/deductions-credits/overpaying-taxes.html

• Intuit TurboTax: Spotlights the 10 most-overlooked tax deductions. turbotax.intuit.com/tax-tools/tax-tips/deductions-and-credits/5630.html

• Investopedia: Focuses on seven overlooked items. www.investopedia.com/financial-edge/1112/overlooked-tax-deductions-for-2012.aspx

Kiplinger.com: Offers money-saving tax breaks that tax filers should not miss, in slideshow format. www.kiplinger.com/slideshow/taxes/T054-S001-the-most-overlooked-tax-deductions-slide-show/index.html

Source: McClatchy-Tribune Information Services

By Chuck Myers
Wednesday, Feb. 6, 2013, 9:20 p.m.
 

The number of deductions you can take on your 2012 tax filing might surprise you. But many tax filers may miss out on some deductions simply because they do not know they exist.

If you'd like to learn about overlooked deductions available the 2012 tax season, you might spend a little time visiting one of these websites:

-AARP: Features 10 tax tips that people over 50 should be aware of for 2012 taxes. http://www.aarp.org/money/taxes/info-02-2012/tax-tips-you-should-know.html

-H&R Block: Covers important tax credits for 2012. http://www.hrblock.com/free-tax-tips-calculators/deductions-credits/overpaying-taxes.html

-Intuit TurboTax: Spotlights the 10 most-overlooked tax deductions, updated for 2012 taxes. http://turbotax.intuit.com/tax-tools/tax-tips/deductions-and-credits/5630.html

-Investopedia: Focuses on seven overlooked tax return items. http:/// www.investopedia.com/financial-edge/1112/overlooked-tax-deductions-for-2012.aspx

-Kiplinger.com: Offers money-saving tax breaks that tax filers should not miss, in slideshow format. http://www.kiplinger.com/slideshow/taxes/T054-S001-the-most-overlooked-tax-deductions-slide-show/index.html

Source: McClatchy-Tribune Information Services

Subscribe today! Click here for our subscription offers.

 

 


Show commenting policy

Most-Read Business Headlines

  1. U.S. allows ‘purposeful’ cruises to Cuba; Carnival plans trips from Miami in May
  2. Risk for insurers, mutual funds are stronger, IMF claims
  3. U.S. job openings stay high, but actual hiring falters in May
  4. Choppy trading day ends with gain
  5. Trade deficit widens
  6. Mylan investors not told of 2 land sales involving exec, partner
  7. Drilling impact fees may generate 15% less for Pennsylvania
  8. 4moms CEO Daley expects major growth spurt, tenfold increase in sales
  9. Crazy Mocha owner likes comfort, says shrewd decisions foster growth
  10. Investors shy from Israeli drugmaker Teva amid uncertain Mylan takeover
  11. New J.C. Penney CEO comes from middle-income America