What can you deduct from taxes?

Answer Several tens of thousands of pages (maybe more) exist on this topic. No list does, nor is a list possible.

Top Q&A For: What can you deduct from taxes

What Can I Deduct From My Taxes for Remodeling?

The Internal Revenue Service does not typically allow taxpayers to deduct the costs of home remodeling from their income taxes. However, the cost of the home improvements can be added to the taxpay... Read More »

What Can You Deduct From Taxes for Clothing Contributions?

The Internal Revenue Service (IRS) permits taxpayers to deduct donations made to charitable organizations, including clothing, from their income taxes. To claim donations, taxpayers must itemize de... Read More »

How to Deduct My House Rent from My Taxes?

If you are conducting business from your rental unit or you telecommute, you may be able to deduct a portion of your rental expense on your taxes. The Internal Revenue Service (IRS) provides tax d... Read More »

Can I deduct day care expenses from my taxes?

Expenses used exclusively for your day care business are deductible, as are at least a portion of expenses shared by your business and your household. Keep accurate records and save receipts so tha... Read More »