‘Give Me a Break!’ 11 Most Overlooked Tax Deductions and Credits

Marisa Torrieri

findtaxcreditCharitable donations, check. Student loan interest, check. Major medical expenses—you’ve got a receipt for every doctor’s visit.

With less than a month to go until Tax Day, you’re probably zeroing in on anything that could help lower your tax bill.

But unless you’re an expert when it comes to I.R.S. tax code, it’s easy to overlook potentially useful deductions and credits.

“When people are rushing around, especially when they wait until the last minute, they may forget about things that could be deductions that relate to everyday life,” says Lisa Greene-Lewis, a CPA and TurboTax tax expert based in San Diego.

And those fly-under-the-radar tax breaks could potentially save you hundreds—maybe even thousands—of dollars.

To help alleviate the sting of paying Uncle Sam, we asked CPAs to share some of the most commonly overlooked tax deductions and credits for everyone from newlyweds to new homeowners.

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