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Don't Overlook These Tax Breaks PDF Print
Written by Kay Bell, writer of Don't Mess With Taxes   
Tuesday, 08 April 2008

With just over a week to finish up our 2007 Form 1040s, all of us late-season filers are starting to get serious.

Many are in good shape, despite the late date. They have all the data and documentation they need; it's just a matter of entering the info and sending it to the IRS.

Others are a little less organized, but still plan to make the April 15 deadline.

Regardless of which group you belong to, make sure you don't get in a hurry and miss out on a tax break or two. Here are 10 tax-saving moves that often are overlooked:

  1. Additional charitable gifts
  2. Moving expenses
  3. Job hunting costs
  4. Military personnel travel
  5. Child, and more, care credit
  6. Mortgage refi points
  7. Many medical costs
  8. Retirement tax savings
  9. Educational expenses
  10. Residential energy upgrades

Details on each of these can be found in this story I wrote for Bankrate.

Now, since I'm in the second category -- I know, I know. Do as I say, not as I do. -- I'm off to get my tax filing in better shape.

Kay Bell is a proven professional in both journalism and corporate communications.

Her career includes almost two decades in Washington, D.C., as Congressional staff as well as in the private sector, and several years writing for mass-circulation publications and Web sites.

To read more from Kay Bell, see her blog at Don't Mess With Taxes.

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