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2. Effortless Tax Deductions: 6 Write-Offs You Don’t ... - AOL

   www.aol.com/finance/effortless-tax-deductions-6...

   If you want to boost your tax return in 2024 without having to go through a lot of pain, here are six effortless tax deductions you don’t have to itemize. 1. Traditional IRA Contributions

3. Take Advantage of These 15 Commonly Missed Tax Deductions - AOL

   www.aol.com/advantage-15-commonly-missed-tax...

   Self-Employment Expenses. Self-employed taxpayers don’t get a Form W-4 and can’t take advantage of certain payroll deductions, but they can take advantage of many of the small-business tax ...

4. What Can I Write Off on My Taxes? - AOL

   www.aol.com/finance/write-off-taxes-090021611.html

   3. Local and State Sales Tax. Taxpayers have the option of deducting state and local general sales taxes or income taxes that they paid during the tax year, but not both.

5. What Are Itemized Deductions and How Do They Work? - AOL

   www.aol.com/itemized-deductions-010031837.html

   You will enter your itemized deductions on Schedule A with Form 1040 on your federal tax returns. But some taxpayers aren’t allowed to use the standard deduction. Taxpayers who must itemize ...

6. Itemized deduction - Wikipedia

   en.wikipedia.org/wiki/Itemized_deduction

   This facilitated amendments to 2011 tax returns to claim a casualty tax deduction. [4] Gambling losses, but only to the extent of gambling income (For example, a person who wins $1,000 in various gambling activities during the tax year and loses $800 in other gambling activities can deduct the $800 in losses, resulting in net gambling income of ...

7. What Is a Tax Write-Off? - AOL

   www.aol.com/finance/does-mean-write-something...

   To demonstrate how tax write-offs work, Bench Accounting gave the example of an independent contractor who earned $60,000 in 2023: The self-employment tax of 15.3% is $8,478.