Printable Tax Deduction Cheat Sheet

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Web Before You Begin To Prepare Your Income Tax Return, Go Through The Following Checklist.

Web to be deductible, a business expense has to be both ordinary (common in your industry) and necessary. Highlight the areas that apply to you, and make sure you have that. Web there’s the option of a standard deduction (i.e., a flat tax rate whether single or married filing jointly), but itemized. Web yet, with countless potential deductions, many go unnoticed.