Increase your refunds-Deductions

A tax deduction is a financial allowance that reduces a person's or entity's taxable income, thereby lowering the amount of income subject to taxation and potentially decreasing the overall tax liability.

  • Home & Vehicle

    Forms 1098 or other mortgage interest statements

    Real estate and personal property tax records

    Receipts for energy-saving home improvements (e.g., solar panels, solar water heater)

    Electric vehicle information

    All other 1098 series forms

  • Charitable Donations

    Cash amounts donated to houses of worship, schools, other charitable organizations

    Records of non-cash charitable donations

    Amounts of miles driven for charitable or medical purposes

  • Health Insurance & Medical Expenses

    Form 1095-A if you enrolled in an insurance plan through the Marketplace (Exchange)

    Amounts paid for healthcare, insurance, and to doctors, dentists, and hospitals

    Amounts paid for qualified insurance premiums if paid outside of the Marketplace or an employer provided plan

  • Childcare Expenses

    Fees paid to a licensed day care center or family day care for care of an infant or preschooler

    Amounts paid to a baby-sitter or provider care of your child under age 13 while you work

    Expenses paid through a dependent care flexible spending account at work

  • K-12 Educator and Educational Expenses

    Receipts for classroom expenses (for educators in grades K-12)

    Forms 1098-T from educational institutions

    Receipts that itemize qualified educational expenses

    Records of any scholarships or fellowships you received

    Form 1098-E if you paid student loan interest

  • State & Local Taxes

    Amount of state and local income or sales tax paid (other than wage withholding)

    Invoice showing amount of vehicle sales tax paid and / or personal property tax on vehicles

  • Retirement & Other Savings

    Form 5498-SA showing HSA contributions

    Form 5498 showing IRA contributions

    All other 5498 series forms (5498-QA, 5498-ESA)

  • Federally Declared Disaster

    City/county you lived/worked/had property in

    Records to support property losses (appraisal, clean-up costs, etc.)

    Records of rebuilding/repair costs

    Insurance reimbursements/claims to be paid

    FEMA assistance information

    Check the FEMA website to see if your county has been declared a federal disaster area

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Income Source