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Tax Deductions You’ll Miss in 2014

Tax Deductions You’ll Miss in 2014 (CNBC)

At the end of the year, careful taxpayers double-check that they have all of the proper documentation for the tax deductions they plan to claim in January. A number of deductions are expiring in 2013 and will not be available to lower your 2014 tax bill.

  • Higher education expenses for a dependent
  • Home loan modifications will be counted as income starting in 2014
  • Qualified charitable distributions from an IRA

Consult your tax professional about what deductions you can take with you into the new year.

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A number of deductions are expiring in 2013 and will not be available to lower your 2014 tax bill.

archive

Tax Deductions You??ll Miss in 2014

A number of deductions are expiring in 2013 and will not be available to lower your 2014 tax bill.

Tax Deductions You??ll Miss in 2014 (CNBC)

At the end of the year, careful taxpayers double-check that they have all of the proper documentation for the tax deductions they plan to claim in January. A number of deductions are expiring in 2013 and will not be available to lower your 2014 tax bill.

  • Higher education expenses for a dependent
  • Home loan modifications will be counted as income starting in 2014
  • Qualified charitable distributions from an IRA

Consult your tax professional about what deductions you can take with you into the new year.

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Sign up to the Human Events newsletter

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