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2. 11 Tax Deductions You Can Take If You Have Rental Income - AOL

   www.aol.com/11-tax-deductions-rental-income...

   Here’s a list of common tax deductions if you have rental income: Mortgage interest. Property tax. Operating expenses. Depreciation. Repairs, including materials and supplies. Interest. Taxes ...

3. Vacation home deductions - Wikipedia

   en.wikipedia.org/wiki/Vacation_home_deductions

   However, a taxpayer may claim limited deductions on a vacation home if the taxpayer uses the property as both a vacation home and rental property. [2] If the taxpayer uses the property for greater than 14 days or 10% of the number of days the property is rented, the taxpayer may deduct some of the property-related expenses. [3] These deductions ...

4. Rental Property Tax Deductions - AOL

   www.aol.com/news/rental-property-tax-deductions...

   Continue reading → The post Rental Property Tax Deductions appeared first on SmartAsset Blog. Being a landlord can significantly bolster your savings, but it’s also a lot of work. On top of ...

5. Are Property Taxes Deductible? - AOL

   www.aol.com/finance/property-taxes-deductible...

   Learn how property taxes work, who qualifies for deductions, and how the $10,000 SALT cap impacts homeowners. Maximize your tax breaks with property deductions.

6. Adjusted gross income - Wikipedia

   en.wikipedia.org/wiki/Adjusted_gross_income

   Adjusted gross income is gross income less deductions from a business or rental activity and 21 other specific items. Several deductions (e.g. medical expenses and miscellaneous itemized deductions) are limited based on a percentage of AGI. Certain phase outs, including those of lower tax rates and itemized deductions, are based on levels of AGI.

7. State and local tax deduction - Wikipedia

   en.wikipedia.org/wiki/State_and_local_tax_deduction

   For US federal income tax purposes, state and local taxes are defined in section 164(a) of the Internal Revenue Code as taxes paid to states and localities in the forms of: (i) real property taxes; (ii) personal property taxes; (iii) income, war profits, and excess profits taxes; and (iv) general sales taxes.

8. Top Tax Deductions and Tax Credits You Should Know for 2023 - AOL

   www.aol.com/finance/10-tax-deductions-know-2023...

   7. Medical and Dental Expenses. You can claim a deduction for medical and dental expenses that are greater than 7.5% of your adjusted gross income if you itemize deductions. Qualifying expenses ...

9. Take advantage of these 15 commonly missed tax deductions - AOL

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

   Alternatively, if you are paying off your own student debt, you should receive Form 1098-E from your student loan lender showing how much interest you paid, so you can deduct the qualifying amount ...