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Top 10 Tax Deductions You're NOT Taking

Updated for Tax Year 2016 / August 1, 2021 01:00 PM

OVERVIEW

You could be leaving hundreds of dollars on the table when you file your tax return this year. From magazines to medical insurance premiums, little-known tax deductions could make tax day a happier one for your family this year.

The article below is accurate for your 2016 taxes. Some tax information below has changed for tax years after 2016.

 

Remember, with TurboTax, we'll ask you simple questions about your life and help you fill out all the right tax forms. Whether you have a simple or complex tax situation, we've got you covered. Feel confident doing your own taxes.

 

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The above article is intended to provide generalized financial information designed to educate a broad segment of the public; it does not give personalized tax, investment, legal, or other business and professional advice. Before taking any action, you should always seek the assistance of a professional who knows your particular situation for advice on taxes, your investments, the law, or any other business and professional matters that affect you and/or your business.