许多报税人忘了包括州销售和收入税收的减免。如果你住在一个不征收收入所得税的州, 那你计算所有你已经支付的税收，对个人和家庭可以增加储蓄。另一方面,如果你的州有州收入所得税, 通常需要一个更好的策略,来声称你的税收抵扣以获得形式更多的储蓄,除非你做出了一些高价购买一辆车或船等。
Most tax payers are able to deduct some health care costs and medical expenses. For example, payments for doctors, hospital stays, prescriptions and other medical costs can be deducted — but only if they exceed 7.5 percent of your adjusted gross income (AGI). Keep in mind that the only expenses that are deductible are the ones not reimbursed by your insurance or some other way.
Out-of-pocket charitable contributions are often overlooked, especially if they were in the form of many small donations rather than a few large ones. If you’ve covered the cost of postage, baked cookies for fundraisers, donated clothes to a charity or given rides to the clients of nonprofit organizations, save your receipts for tax-preparation time. If they total more than $250, you can deduct the amount if you have documentation from your favorite nonprofit. If you provided rides or did other significant driving for a charity, you can claim 14 cents per mile as well.
If you’re a working parent and your kids spend part of the day with a sitter or in child care, claim those expenses as a tax credit. If you have child care reimbursement through your place of work, you can easily overlook the additional costs you incur beyond the $5,000 or $6,000 allocated by these accounts. Don’t miss out on these significant savings; save the receipts for any sitters and after-school care.
If your children are older and in college, don’t forget to deduct the interest you’ve paid on their student loans throughout the year, if applicable. Alternatively, if you’re still paying your own student loan debt, you can deduct the interest you’ve paid for the year using tax form 1098-E. You should receive this form directly from your lender.
如果你的孩子比较老,上大学的时候,不要忘记扣除你支付他们的学生贷款利息,如果适用的话。或者,如果你仍然支付自己的学生贷款债务,你可以扣除利息支付今年使用税收形式1098 - e。你应该收到此表格直接从您的银行。
Job loss and career change aren’t always a bad thing. If you were looking for a job last year and had to travel for interviews, you can deduct those job search costs up to 2 percent of your AGI. But only if you’re looking in your same field and this isn’t your first job.
If you are a first-time job seeker, however, you can claim your moving expenses if the new job is more than 50 miles from your old place of residence. You can claim the cost of moving your belongings to the new place and driving your vehicle there as well as parking and toll fees, given your employer does not reimburse you.
If you’re a homeowner, your luck continues. If you remodeled your existing home, deduct state sales tax for building materials if you’re itemizing. If you bought your house, be sure to claim the interest paid on your mortgage points. If you’ve refinanced, you have to distribute the points of interest over the life of the new mortgage, as well.
If you’ve made your home more energy efficient, there are tax deductions for that, too. You can receive a 10 percent deduction on costs up to $500, as well as 30 percent off the cost of certain major upgrades through 2016. This is known as the Residential Energy Efficient Property Credit. The credit covers 30 percent of the installation — including labor costs — of qualified residential alternative energy equipment, like solar hot water heaters, wind turbines and geothermal heat pumps.
If you are a member of the National Guard or are a military reservist, part of your travel expenses for attending meetings or drills more than 100 miles from home and overnight stays are deductible, even if you don’t itemize. As you file taxes, you can write off all of your lodging cost and half your meal expenses — and the 2 percent AGI limit does not apply.
After years of widespread job loss, many Americans opted for self-employment — but this freedom does come at a price. Workers not only have to buy their own health insurance, but also pay a hefty self-employment tax. Make sure to deduct the cost of health insurance premiums you pay for yourself and your family, which reduces your self-employment tax. Additional 2016 tax deductions for the self-employed include contributions to a Simplified Employee Pension (SEP) IRA, which are made pre-tax, as well as the cost of business meals, ongoing education or training and business use of your home.
Always keep your receipts and documentation, so that when it comes time to file your federal taxes and state taxes, you’re prepared. Not only should you have what you need, you should also be sure not to miss out on the deductions you deserve.