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On the money: Maximizing income tax deductions

February 11, 2008

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Do you get the most out of your deductions?

Probably. But many taxpayers overlook some special deductions for individuals and families.

Numerous Web sites are brimming with deduction advice, particularly among some familiar names that specialize in tax filing issues.

Here are a few:

¢ H&R Block

www.hrblock.com/taxes/tax_tips/deductions_credits /overlooked_deductions.html

Covers the tax deduction bases, from the standard deduction to Schedule C filing.

¢ efile.com

www.efile.com/tax-deductions

Breaks down tax deductions into five straightforward categories.

¢ Intuit TurboTax

www.turbotax.intuit.com/tax-tools/index.jhtml

Offers conventional and oddball tax deduction info under "Deductions and Credits" link.

¢ Jackson Hewitt

www.jacksonhewitt.com/?ResourcesLibraryTop50

Spotlights the top 50 overlooked tax deductions.

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