Resources
Below is a list of resources that will help you be prepared for tax day.
Helpful Links
From downloadable forms to calculators, find helpful links to get the most of your tax experience.
Standard Deductions
Though every tax situation is different, here is a list of standard deductions that most people can use.
Medical Expenses
- Prescriptions
- Doctors, Dentists, Nurses
- Hospitals, Nursing Homes
- Insurance Premiums
- Medical Lodging and Transportation
- Medical Mileage
- Other Medical Costs
Charitable Contributions
- Cash Contributions
- Non-Cash Contributions (Goodwill, Salvation Army, etc.)
- Volunteer Expenses (Out of pocket mileage)
Dependent Care Credit
Higher Education Credits
- Tuition and Fees
- Books purchased from school
- Student’s year in school
- Student loan interest paid
Home Owner Deductions
- Mortgage Interest (Includes Second Home)
- Property Tax
- Property Mortgage Insurance (post 12/2006 loans)
- Points paid on purchase
- Energy-related improvements (windows, doors, furnace, A/C, Etc.)
- Personal Property tax/license fees
Self-Employed Deductions
Being self-employed can sometimes we a little more confusing when it comes to deductions. Allow this list to be a guide to the most common self-employment deductions.
- Accounting
- Advertising
- Answering service
- Bad debts from sales or service
- Bank charges
- Commissions
- Continuing education
- Contract labor
- Delivery and freight
- Dues and subscriptions
- Health Insurance premiums
- Insurance
- Interest on business loans
- Internet
- Laundry and cleaning
- Legal and professional fees
- Meals and Entertainment
- Miscellaneous
- Office expense
- Outside service
- Parking and tolls
- Postage
- Printing
- Rent
- Vehicles
- Equipment
- Repairs
- Security
- Software
- Start up costs
- Supplies
- Taxes and licenses
- Sales tax (included in gross income)
- Real estate taxes
- Other taxes
- Telephone
- Tools
- Travel
- Uniforms
- Utilities
- Vehicle expenses
- Mileage rate or actual expenses
- Wages
- Any other expenses necessary for the running of or promotion of the business.