15 Deductions to Reduce Your Tax Bill

What if you’re overpaying your taxes without even realizing it? Every year, millions of Americans leave billions of dollars in […]

What it is: A credit covering up to 35% of childcare expenses, worth up to $3,000 per child.

Why it matters: Childcare costs have jumped 19% since 2020, with daycare now averaging $10,000 per year.

How to claim it: Expenses must be for care that allows you to work or look for work.

12. Casualty and Theft Losses

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