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Top 10 Tax Deductions You're NOT Taking

Written by a TurboTax Expert • Reviewed by a TurboTax CPA

Updated for Tax Year 2016 • December 9, 2022 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.

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

 

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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.