TribLIVE

| Business


Don’t forget these tax deductions

About The Tribune-Review
The Tribune-Review can be reached via e-mail or at 412-321-6460.
Contact Us | Video | RSS | Mobile
Details

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

Published: Wednesday, February 6, 2013, 9:20 p.m.
Updated: Wednesday, February 20, 2013

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

Most Popular Business Headlines

  1. Americans fail to find jobs as firms hire foreigners
  2. PPG Corning bankruptcy plan receives preliminary approval
  3. UPMC chief’s bonus, salary down
  4. Automated teller machine fees up 20 percent in 5 years
  5. Web giants likely to battle for music fans’ attention
  6. Pa. jobless rate declines as fewer look for work
  7. Year after IPO, Facebook aims to be ad colossus
  8. As yen falls, so does cost of products from Japan
  9. Blairsville-area company finds 2nd calling in shale gas service industry
  10. Idaho spud giant bets on biotech potatoes
  11. Federal regulators say Consol can reopen fire-stricken mine
You must be signed in to add comments

To comment, click the Sign in or sign up at the very top of this page.

There are currently no comments for this story.
Subscribe today! Click here for our subscription offers.