05/02/2022
The most recent numbers show that more than 45 million of us itemized deductions on our 1040s - claiming $1.2 trillion of tax deductions! That same year, taxpayers who claimed the standard deduction accounted for $747 billion. Some of those who took the easy way out probably shortchanged themselves.
Here is our 10 most overlooked tax deductions. Claim them if you deserve them and keep more money in your pocket. 💰