Tax Deductions and Credits Tax Tips

Subscribe and receive all Tax Deductions and Credits
tax guides via RSS

Recent Articles

How Major Life Events Affect Your Taxes
If you're among the millions of Americans who will experience a significant life change this year (new house, new baby, getting married, etc.), here are some tips for how to handle it come tax time. Read more…

Earned Income Credit
While millions of households already claim this special break for workers with modest incomes, the IRS says many more are eligible for the credit but fail to take it. The rules were recently liberalized, so more households are eligible. Take a few minutes to make sure you don't miss out on a credit that could bring you a refund check. Read more…

How to Minimize Taxable Events
Getting yourself ready for tax season can be a year-round job, especially if you’re looking to minimize what you’ll owe at tax time. In that case, it’s helpful to understand what taxable events are and how you can lessen their impact on what you owe. Read more…

Can I Deduct Legal Fees on My Taxes?
With recent changes to the tax laws and adjustments to what counts as being deductible or not, you might be wondering if you're able to deduct any of your legal fees. Follow our guide to determine which legal fees can and cannot be deducted on your taxes. Read more…

Top Tax Breaks for Disabled Veterans
The United States government offers several tax breaks and deductions for disabled veterans. As you look at how to take advantage of the available options, follow our guide to ensure you're getting the benefits you deserve. Read more…


More Tax Deductions and Credits Articles

7 Best Tips to Lower Your Tax Bill from TurboTax Tax Experts Is Your Car Registration Deductible? 7 Requirements for the Child Tax Credit The Land of Unknown Tax Deductions 5 Things You Should Know about Refundable Tax Credits 9 Things You Didn't Know Were Tax Deductions 8 Things You Think Are Tax Deductible That Aren't The Ins and Outs of the Child and Dependent Care Tax Credit 8 Common Life Events That Affect Your Taxes What Are Itemized Tax Deductions? How to Maximize Your Itemized Tax Deductions Video: What Is the Standard Tax Deduction? Filing Tax Form 2441: Child and Dependent Care Expenses The 5 Biggest Tax Credits You Might Qualify For Tax Deduction Wisdom—Should You Itemize? What Are Tax Deductions? What Is the IRS Form 8812? Child Tax Credit What is the Additional Child Tax Credit? Video: What Are Tax Credits? What Are Standard Tax Deductions? Home Ownership Tax Deductions What Extra Tax Deductions Should I Make Sure To Take? 5 Facts About the Earned Income Tax Credit Video: What Are Itemized Tax Deductions? Video: Does the IRS Allow Deductions for Donated Work? Filing Tax Form 8862: Information to Claim Earned Income Credit after Disallowance Deductions Allowed for Contributions to a Traditional IRA What Is the Difference Between a Refundable and a Nonrefundable Credit? How to Write Off Sales Taxes Video: Changes in the Standard Deduction for Certain Tax Filers When to Use Schedule EIC: Earned Income Credit Video: Filing Schedule EIC Earned Income Credit Deductions for Sales Tax Can You Claim a Boat or RV as a Primary Residence? Do I Qualify for Earned Income Credit While on Unemployment? What Are Tax Credits? What Is the IRS Form 5405? Video: Common Income Tax Deductions Video: What Are Tax Deductions? 10 Strange But Legitimate Federal Tax Deductions Video: The New 2009 Tax Deduction for Car Buyers Video: Who Qualifies for the 2015 Earned Income Tax Credit

TurboTax Blog »

Get tax tips and tricks, from quick fixes to long term strategies.

Ready to try TurboTax?

Start for Free