Tax deductions: Things you may be able to write off on your taxes


COLUMBUS, Ohio - There are several tax deductions that many Americans may qualify for but do not know they can write off.

Christina Rosebrough from Jackson Hewitt shared these deductions you may want to discuss with your tax preparer.

  • Safety deposit boxes
  • College credits
  • Moving expenses
  • Tax-preparation fees
  • Products and supplies new mothers purchased
  • Job-search expenses
  • Wedding venues (church or historical site)
  • Medical expenses (transportation expenses from medical needs, medical products/aids, gym memberships)
  • Traveling for business

There are also common tax deductions for people who are self-employed.

  • Cell phone
  • Home office
  • Travel Expenses
  • Car and Mileage Expenses
  • Fees, Dues and Subscriptions
  • Office Supplies
  • Health Insurance Premiums

Rosebrough explained the difference between tax credits and tax deductions.

  • Tax credits directly reduce your taxes due. Deductions, on the other hand, reduce the amount of your income that is taxable.
  • Tax payers are allowed to go back three years to amend a tax return. Jackson Hewitt will review their clients returns and determine if they have any missing credits or deductions. This means that a taxpayer could get additional money in refunds from previous years.