7 Overlooked Military Personnel Deductions
- Additional Ammo
- Cell Phone
- Certain Internet Costs
- Dry cleaning
- Parking
- Supplies
- Travel
17 Overlooked Network Marketing Deductions
- Accounting
- Advertising
- Cell Phones
- Gifts to clients (up to $25.00)
- Insurance
- Mileage/Gas (whichever one is greater)
- Networking Parties
- Office lease, rent
- Office Phones
- Paid lunch, breakfast, dinner for potential clients
- Rental Cars
- Required Business Attire
- Seminar/Coference Fees
- Start up packages
- Supplies
- Travel Expenses
- Utilize emails to clients
19 Overlooked Casualty & Theft Loss Deductions
12 Overlooked Nurses/Traveling Nurse Deductions
- Cell Phones
- Certifications
- Continuing education or classes
- Dues for Professional Organizations
- Equipment(statoscopes, etc.)
- Gowns
- Licenses
- Newsletters & Subscriptions
- Pagers
- Seminars and Conferences
- Shoes
- Travel to multiple locations (clinics, hospitals)
10 Overlooked Office (Home) Deductions
- Home Office deductions only apply to business profits that are positive and unreimbursed employee expenses.
- Home Repairs/Maintenance (office related)
- Home/Renters Insurance
- Office Repairs/Maintenance (paint, carpet, etc.)
- Other Expenses (water, sewer, garbage, snow removal, lawn care, other)
- Rent/Mortgage
- Security System
- Square Feet of Office
- Total Sq Feet of Home
- Utilities
49 Overlooked Personal Deductions
- Alcohol and drug abuse treatment cost
- Alimony paid
- Business expenses including travel, meals, lodging and entertainment not reimbursed by employer (Business Deductions)
- Business gifts up to $25 per customer or client
- Casualty and theft losses in excess of $100 and totaling more than 10% of adjusted gross income
- Cellular phones required for business
- Cleaning and laundering services while traveling
- Commission to brokers or agents for sale of property or property management
- Cost of safe deposit box used for investments or business
- Disabled individual’s work-related expenses
- Dues to professional organizations
- Education expenses paid to maintain or improve job skills
- Employee’s moving expenses
- Equipment for disabled or handicapped individuals
- Fees for tax preparation or advice
- Fees or commissions paid to employment agencies
- Gambling losses to the extent of winning
- Hearing aids, eyeglasses and contact lenses
- Home office expenses, if primary place of business
- Hospital fees for services such as nursing, physical therapy, lab tests and x-rays
- Interest on student loans
- Job-seeking expenses within present field of employment
- Legal fees to collect taxable alimony
- Mandatory contributions to state disability funds
- Medical aids such as crutches, canes and orthopedic shoes
- Medical transportation including tolls, parking, and standard mileage deductions for visiting doctors, dentists and picking up medicine
- Mileage incurred in relation to charitable activities
- New business start-up costs
- Nursing home expenses
- One-half of the self-employment tax paid
- Out-of-pocket funds paid for school
- Payment by December 31st of last quarter of estimated state taxes
- Penalty on early withdrawal of savings
- Personal property taxes on cars, boats, etc.
- Points paid on mortgage or mortgage refinancing
- Portion of life-care fees paid to retirement homes designated for medical care
- Professional journals, magazines and newspapers that are job related
- Property and Cash contributions to a recognized charity
- Required uniforms and work clothes not suitable for street wear
- Seeing-eye dog or guard dog for business
- Services of a housekeeper, maid or cook needed to run your home while you work and for the benefit of a qualifying dependent
- Special school costs for mentally, or physically disabled individuals
- State income taxes owed from a prior year and paid in the tax year
- Support of a non-dependent student living with you
- Taxes to a foreign government
- Tools bought for use at your job
- Union dues
- Wages for nursing services
- Worthless stock or securities
12 Overlooked Police Officers Deductions
- Cell Phone
- Certifications
- Continuing Education
- Dry Cleaning
- Equipment (additional firearms, boots, vest)
- If you have done some independent or private details, please go to our tax tips page and look under top business deductions
- Internet
- Licenses
- Meals
- Mileage
- Seminar/Conferences
- Supplies (aminuition, protect vest, cuffs)
19 Overlooked Real Estate Agent/Loan Officer Deductions
- Advertising
- Answering service
- Business Travel
- Cell Phone
- Client’s lunch/dinner
- Commissions/Fees paid to brokers
- Conference/Seminar Fees
- Continuing education classes
- Depreciation of vehicle
- Dry Cleaning
- Estimated Taxes
- Gifts to clients (up to $25.00)
- Lease payments (% of auto usage)
- Mileage/Gas
- Office space/rent/lease
- Postage
- Rental Car
- Required business attire
- Supplies: Lock Box, Signs, etc.
5 Overlooked Rental Prop/Invest (Deductible Repairs) Deductions
- Fixing broken windows & doors
- Fixing Gutters & Downspouts
- Repainting inside or out
- Repairing leaky plumbing & replacing fixtures
- Replastering Holes
16 Overlooked Rental Property/Investment Deductions
- *(Deductible Expenses)
- *A Security deposit is not income if you are planning on returning it at the end of the lease. If you apply the deposit to the last month’s rent, it is considered income.
- Advertising
- Cleaning & Maintenance Fee
- Credit Checks for tenants
- Depreciation
- Insurance
- Legal or Professional
- Management Fees
- Mortgage Interest
- Pest Control, lawncare & trash disposal
- Property Taxes
- Repairs, including labor cost
- Supplies
- Travel Expenses
- Utilities
10 Overlooked Teacher Deductions
- Cable (if required by employer)
- Cell Phone
- Certifications
- Classroom supplies
- Continuing Education
- Hardware/Software purchased for classroom or work reasons (computer, laptop, disks, copier, scanner)
- Internet
- Mileage/Gas related to work training
- Newsletters & Subscriptions (profession related)
- Seminar/Conferences
8 Overlooked Truck Driver (Contractor) Deductions
- Cell Phone
- Communication Equipment
- Fees paid to others
- Fuel
- Insurance
- Repairs/Maintenance
- Tools
- Uniforms
10 Overlooked Truck Driver (Owner Operator) Deductions
- Advertising
- Cell Phone
- Depreciation
- Fees paid to others
- Fuel
- Insurance
- Lease Payments
- Repair/Maintenance
- Tools
- Uniforms
9 Overlooked Medical Doctors Deductions
- Certain Internet Costs
- Certifications
- Continuing Education
- Dues for Professional Organizations
- Equipment (Stethoscopes, etc.)
- Licenses
- Newsletters & Subscriptions
- Pager (work)
- Seminars & Conferences
10 Overlooked Food Servers & Bartenders Deductions
- Cable (if required by employer)
- Cell Phone
- Classes ( wine tasting, etc.)
- Continuing education related to your profession
- Mileage/Gas
- Professional Upkeep
- Special Shoes or Boots
- Supplies (table brush, bottle opener, cork screw)
- Tip Out
- Uniforms
13 Overlooked Entertainers (Musicians, Comedians, Dancers) Deductions
- Accounting
- Advertising (flyers, business cards)
- Cell Phone
- Equipment used to perform services
- Laundry/Dry Cleaning
- Meals & Entertainment
- Mileage/Gas (whichever is greater)
- Payouts to individuals who assist or manage
- Rental Cars
- Rental Equipment/Supplies
- Supplies
- Travel Expenses (hotel, airfare, etc.)
- Wardrobe/Costumes
17 Overlooked Medical Doctor Deductions
- Cell Phone
- Certain Internet Costs
- Certifications
- Continuing Education
- Dues for Professional Organizations
- Equipment (Stethoscopes, etc.)
- Insurance
- Licenses
- Medical Supplies
- Mileage
- Newsletters & Subscriptions
- Office Lease, Rent
- Pager (work)
- Seminars & Conferences
- Some Parking
- Travel Expenses
- Uniforms
16 Overlooked Daycare Services Deductions
- Accounting
- Advertising
- Cell Phones
- Equipment
- Food
- Insurance
- Laundry
- Mileage/Gas
- Office Expense
- Office Phone
- Rent/Lease
- Repairs/Maintenance
- Supplies
- Tools
- Utilities
- Wages/Salaries
13 Overlooked Lawn Service Deductions
- Accounting
- Advertising
- Business License
- Equipment
- Insurance
- Laundry
- Meals & Entertainment
- Mileage/Gas (whichever one is greater)
- Pay to Contractors
- Protective Gear (special boot, jackets & coat, eyewear)
- Supplies
- Tools
- Uniforms
15 Overlooked Hair Stylist/Barbers (Salon Owners) Deductions
- Advertising
- Booth rent
- Business Phones
- Cell Phones
- Drycleaning/Laundry
- Equipment
- Gifts to clients (up to $25.00)
- Hair shows, seminars, conference fees, accounting, payroll, tax prep
- Insurance
- Meals & Entertainment
- Mileage/Gas
- Pay to staff, contractors or support
- Supplies
- Travel
- Uniforms
17 Overlooked IT/Computer Services Deductions
- Accounting
- Advertising
- Cell Phones
- Certifications
- Continuing Education
- Gifts to Clients (up to $25.00)
- Hardware/Software
- Insurance
- Internet
- Meals & Entertainment
- Mileage/Gas
- Office Expenses
- Office Phone
- Pay to contractors
- Supplies
- Tools
- Travel Expense
12 Overlooked Contractors (Home Improvement, Builders, Painters) Deductions
- Advertising
- Cell Phone
- Gas
- Lease Equipment
- Lease Payment
- Mileage
- Permits
- Protective Gear (Boots, Gloves, Clothes)
- Rental Equipment
- Supplies/Materials
- Tools
- Uniforms
11 Overlooked Flight Attendants Deductions
- Cell Phone
- Certifications (Classes)
- Dry Cleaning
- Internet
- Meals
- Mileage
- Parking
- Professional upkeep
- Supplies (panty hose, uniform accessories, shoes, unreimbursed clothing)
- Taxi Fees
- Wardrobe Expenses
11 Overlooked Fire Fighters Deductions
- Cell Phone
- Certifications (classes)
- Dry cleaning
- Internet
- Meals
- Mileage
- Office Expenses
- Parking
- Protective Gear
- Supplies
- Tools
19 Overlooked Casualty & Theft Loss Deductions
- *Insurance and Reimbursements
- Bathrooms
- Bedrooms
- Children’s clothing
- Den
- Dining Room
- Electrical Appliances
- Entrance Hall
- Garage
- Jewelry
- Kitchen
- Laundry & Basement
- Linens
- Living Room
- Men’s Clothing
- Miscellaneous
- Recreation Rooms
- Sporting Equipment
- Women’s Clothing
38 Overlooked Business Deductions
- Accounting
- Advertising
- Automobile and truck expense (if not taking mileage expense)
- Bank charges
- Business interest
- Cell phone
- Commissions
- Delivery and freight
- Dues and subscriptions (business related)
- Equipment rent
- Gifts to clients (up to $25 per client)
- Incorporation Fees
- Insurance
- Janitorial
- Laundry and cleaning
- Legal and professional
- Licenses
- Meal and entertainment
- Mileage (48.5 cents a mile for tax year 2007)
- Miscellaneous
- Office expense
- Outside services (lawn care, car washes, etc.)
- Pager
- Parking fees and tolls
- Permits and fees
- Postage
- Printing
- Rent
- Rental cars
- Repairs and maintenance
- Security
- Supplies
- Telephone
- Tools
- Travel
- Uniforms
- Utilities
- Wardrobe expenses