Common Deductions/Credits

Personal

1. Medical Expenses
1. Mileage
2. Prescriptions
3. Co-Pays
4. Doctor, Hospital
5. Dentist, Eye Doctor
6. Equipment
2. Real Estate Taxes Paid
3. Mortgage Interest Paid
4. PMI and Points Paid
5. Vehicle Excise Tax Paid
6. Donations Cash & Other
1. Mileage
7. Safe Deposit Box Fee
8. Investor Fees
9. Unreimbursed Employee Expense
10. Union Dues
11. Tax Preparation Fee
12. Child Care Paid
13. Student Loan Interest Paid
14. Educator Expenses Paid
15. Tradition IRA/401k/SEP contributions
16. Foreign Taxes Paid
17. College Tuition Paid
18. Rent Expense on Indiana State tax return
19. 529 plan contribution on Indiana State tax return
20. Indiana College Contribution on Indiana State tax return
21. Private School or Home School on Indiana State tax return
22. Military deductions

Business

1. Purchases
2. Labor paid
3. Advertising paid
4. Mileage
5. Cell phone
6. Rent paid
7. Interest Paid
8. Insurance Paid
9. Meals & Entertainment
10. Uniforms
11. Professional Fees
12. Office Supplies
13. Travel
14. Utillities
15. Self-Employed Health Insurance
16. Equipment/Depreciation
17. Wages
18. Payroll taxes
19. Repairs & Maintenance
20. Gifts
21. Continuing Education
22. Home Office