11 tax deductions & ways to cut your tax bill

When thinking about the new tax code, don’t forget about the old one — which governs deductions, credits and other measures you can use to save money on your 2017 tax return due in April.

Here are 11 deductions you should be aware of.

  1. Traditional IRA contributions
  2. Head of household filing status
  3. Moving expenses
  4. Mileage
  5. Other job-related expenses
  6. Gambling losses
  7. Personal property taxes
  8. Medical expenses
  9. Reinvested dividends
  10. Private mortgage insurance premiums
  11. Home equity interest

Read more about each of these deductions and how they can work for you in the full article on CNN Money.

Credit to CNN Money
11 tax deductions and other ways to cut your 2017 tax bill
By Jeanne Sahadi, March 6, 2018