When it comes to filing taxes, many people overlook valuable deductions that could significantly reduce their tax burden. Here are eight commonly missed deductions you should consider: State Sales Tax: If you live in a state without income tax, you can deduct state and local sales taxes instead. This is especially beneficial if you made large purchases during the year. Charitable Contributions: Don't forget about small donations or out-of-pocket expenses for volunteer work. Even mileage driven for charity can be deducted at $0.14 per mile. Student Loan Interest: You can deduct up to $2,500 of student loan interest paid, even if you don't itemize deductions. Job Search Expenses: If you're looking for a job in your current field, expenses like travel costs and resume preparatio
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