What Are Some Unusual Things That Are Tax Deductible?
The IRS allows for a range of tax deductions to help taxpayers lower their taxable income. Tax deductions fall in two categories: above-the-line deductions and itemized deductions. If a deduction is above-the-line, that means it can be taken even if you take the standard deduction. In order to take an itemized deduction, you must give up the standard deduction on your taxes.
