Need Some Extra Deductions For Your Taxes? See If You Qualify For Any Of These

If you're working on your taxes, you might be a little apprehensive about taking that final step of filing them with the Internal Revenue Service (IRS). If you get that you're missing something, there may very well be a good reason for it. Many people miss some deductions that can bring their adjusted gross income into a lower tax bracket. Before you file, check to see if any of these tax deduction apply and enter them into your forms for a lower tax liability.

Mileage for Charity

The IRS not only allows a charitable donation deduction, but they also allow you to claim a deduction per mile for using your vehicle to attend charitable events. Some of these events can occur each week, once a month or even once a year. These events include:

  • serving in some capacity at church
  • a large event at church in which you are helping
  • school events in which you are volunteering
  • homeless shelter volunteering
  • pet rescue volunteering

Home Office Landscaping

If you have a home office and clients or customers come to your home, you can deduct a portion of your landscaping costs. Your income tax preparer can help you figure out how much of a deduction you can take. Here are some of the costs to consider:

  • a new driveway
  • professional landscaping payments
  • fertilizer
  • new plants
  • yard machinery purchases and repairs

Major Purchases

Should something expensive in your home break down beyond repair, you can claim a "sales tax" deduction on your income taxes for the year in which you replaced it. This deduction is the sales tax percentage in your state that you pay when you spend money on any of these types of items:

  • household appliances
  • HVAC unit
  • television
  • furniture

Deduct the sales tax on any remodeling projects you have going on. If you're having a pool built, you can deduct the sales tax on it as well. Additionally, the sales tax you pay on a new or used vehicle, boat or even a shed in your backyard is also deductible.

Learn as much as you can about which deductions you are allowed to take. You might be surprised to learn that you have more coming your way than you thought you did. Ask your income tax preparer, like those at UniqueTAXx and Accounting, for more information on which tax deductions you might be eligible to use. Some deductions might seem obvious, but others are not as well known, so take the time to seek out those hidden deductions.