You can learn what important tax deductions to take if you itemize instead of taking the standard deduction. (Medical, taxes paid, interest paid, charity, casualty losses, job expenses, misc losses). Tax deductions reduce your taxable income. Learn about what is deductible and how much is deductible.
http://www.bankrate.com/brm/news/Financial_Literacy/Dec07_tax_deductions_a1.asp?caret=78b
Sunday, November 2, 2008
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