tag:blogger.com,1999:blog-2231040990996107770.post5693719268376837967..comments2023-09-06T00:55:51.367-07:00Comments on Miss MoneyPenny Stretches a Buck: And a Word on Tax Prep From Miss SmartyPantsMiss MoneyPennyhttp://www.blogger.com/profile/10383602835338378343noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-2231040990996107770.post-69483724286942824362013-02-12T10:33:26.632-08:002013-02-12T10:33:26.632-08:00Tax deductions overlooked often:
1) Interest paid...Tax deductions overlooked often:<br /><br />1) Interest paid on second home, which includes travel trailers, motor homes, certain boats<br /><br />2) Points paid to purchase a home<br /><br />3) Real estate taxes on all properties owned by taxpayer<br /><br />4) Real estate taxes paid when buying and selling property on closing statements<br /><br />5) Exchange student living with taxpayer. Can claim $50 per full calendar month of qualifying expenses.<br /><br />6) Medical mileage to doctors, hospitals, refill prescriptions, etc. @ .23 (2012) or .24 (2013) for each mile. If you have had a lot of appointments or specialists out of the area, you would be amazed at how this adds up.<br /><br />6) Medical travel for out of town - hotels, ferries, tolls, partking, etc. You can't take food costs as the IRS thinks you have to eat anyway... spoil sports...<br /><br />I'll post more tips later... Now, I must get back to work!<br /><br />Miss Smarty Tax Pantsnoreply@blogger.com