Tax Tips
Please keep these deductible items in mind as you gather the information necessary for us to prepare your tax return.

CHECKLIST OF ITEMIZED DEDUCTIONS
MEDICAL
Doctors & medical practitioners
Dental
Prescriptions
Eyeglasses
Contact lenses
Birth control pills
Equipment for home
Nursing services, lab work, therapy
Legal operation to prevent having children
Medical & hospital insurance premiums
Psychiatric care
Artificial limbs, false teeth, hearing aids
Special school or home for mentally or physically disabled persons
Transportation for medical care
Treatment at drug or alcohol center
Stop smoking programs & prescription drugs
Weight loss program for treatment of obesity
Certain fertility enhancement procedures
Diagnostic devices
Expenses as an organ donor
Eye Surgery - to promote the correct function of the eye
Long Term care contracts
Part of Life Care fee paid to retirement home designated for medical care
TAXES YOU PAID
State and local income tax (prior years)
Real estate tax
Personal property tax
INTEREST YOU PAID
Home mortgage interest
Home mortgage points
Investment interest
Other mortgage interest
CONTRIBUTIONS
Cash
Non-cash
MISCELLANEOUS DEDUCTIONS
Educational expenses & travel (Employment related)
Dues to professional societies
Medical exams required by employer
Passport for business trip
Subscriptions - trade magazines & journals
Work related travel
Airplane, train but or car
Taxi, commuter bus & airport limo
Baggage & Shipping
Lodging and meals
Dry cleaning & laundry
Telephone
Tips
Work related entertainment
Work related gifts
Licenses
Briefcase
Home use of computers
Cellular phone
Job search in present occupation
Tools used in your work
Union dues & expenses
Work clothes & cleaning
Investment fees
Safe deposit box
Home office
Tax preparation fees

 


 
The information contained in this website are for information purposes only and not intended to serve as professional advice. As situations vary, all decisions related to your personal and/or business finances should be discussed with your professional financial advisor.