Thanks for joining us today TracieDoug2023! The deductions you qualify depend on your very unique tax situation. Here are some of the 10 most popular tax deductions available:
- Standard deduction
- IRA contributions deduction
- Health Savings Account (HSA) deduction
- State and local taxes deduction
- Medical expenses deduction
- Home office deduction
- Student loan interest deduction
- Mortgage interest deduction
- Charitable contributions tax deduction
- Educators expense deduction
In this article you can find more information about each deduction and how to qualify for them: https://turbotax.intuit.com/tax-tips/tax-deductions-and-credits/10-popular-tax-deductions/L9JesBWTQ
Here is also a great resource to learn about different deductions and credits available for the federal return https://www.irs.gov/credits-deductions-for-individuals
