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COMPLETE LIST OF TAX DEDUCTIONS & TAX CREDITS
 
Save Thousands on Your Taxes!

** Updated for 2010.
TaxTreasure.com has prepared for you a complete list of tax deductions, tax credits and tax brackets that if used properly within your tax return could save you hundreds and maybe thousands in tax money. Get this priceless list and start savings today.
From the tax experts of TaxTreasure.com: learn the secrets of the professionals. Read how you can easily save hundreds or even thousands on taxes. Use the tax savings tips and tools that heavy weight accountants use for their rich clients.
 
Access our tax knowledge base and start filing your taxes like a professional. Use ALL the tax deductions, tax credits and tax benefits allowed to you by law. We have put together for you easy to read articles that guide you step by step and tell you exactly how save big on taxes. It is really a treasure!

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Here are some of the deductions and credits included in the guide:
 
Standard Deduction
Sales Tax Deduction
Sales Tax Deduction for Vehicle Purchases
Mortgage Insurance Premium Tax Deductions
Casualty & Theft Losses Tax Deductions
Domestic Production Activities Tax Deductions
Early Withdrawal Penalty On Deposits Tax Deductions
Qualified Performing Artists (QPA) Tax Deductions

Non-Cash Contributions Deductions
  Moving Expenses Tax Deductions
Self-Employment Deductions
Self-Employment Health Insurance Deduction
Traditional IRA Deduction

Additional Standard Deduction Amount for Real Estate Taxes
Car and Truck Expenses
Educator Expenses
Gifts to Charity Deductions
Cash Donations Deductions
   
 

 what is “File & Ask"?  
  

TaxTreasure.com ,the company that allows its users to E-File their taxes and get real time expert advice has developed its newest feature “File & Ask” allows TaxTreasure.com’s users to ask their specific tax questions online while they are preparing their taxes on the company’s website http://TaxTreasure.com   

  

“File & Ask” by TaxTreasure.com is truly a unique feature in the online tax industry. This newest addition to the company’s offering allows users to submit their specific and most urgent tax questions to TaxTreasure.com’s tax advisors while they are online, preparing their tax return to be submitted via the web.

 

Here are some of the many questions our customers ask us while preparing their return with our taxes:

 

Questions: Loss on short sale, deductible? (deductions)
Questions: How do I get the $8,000 first-time home buyer credits? (credits)
Questions: Can I claim my children as dependants if they worked in 2009? (deductions)
Questions: What is the max age for qualified dependant? (deductions)
Questions: Disability payments - are they taxable? (taxable income)
Questions: Can I get a refund if I had no income in 2009?  (taxable income)
Questions: Can my daughter get a refund if we claim her on our taxes? (deductions)
Questions: What are the tax deductions available for construction employee? (deductions)
Questions: Is there a penalty for filing return before the due date?  (taxable income)
Questions: Can we deduct sales tax on a new vehicle? (deductions)
Questions: How much can I claim for Donations? (deductions)
Questions: How much will I pay in taxes on withdrawal from 401k account?  (taxable income)
Questions: I haven't received $12k of wages, can I write it off? (deductions)
Questions: are medical expenses (doctor, dentist, eyeglasses) deductible on taxes for 2009? (deductions)
Questions: Is there a credit for energy efficient windows?  (credits)
Questions: What are the tax consequences on sale of rental property?  (taxable income)
Questions: Is there a tax credit for domestic violence shelter?  (credits)
Questions: How much can the IRS garnish from my website  (taxable income)
Questions: How can i get copies of my tax if I am self employed i need copies 07 and 08! (filing)
Questions: I receive no support from ex husband...can he claim child as dependent? (deductions)
Questions: Can you deduct interest from a home equity line? (deductions)
Questions: Is wages, tips, unemployment, jury duty taxable income ?  (taxable income)
Questions: Are trips to my son's college deductible?
Questions: How can I obtain copy of previous years W2?
Questions: Can the IRS take our refund toward student loan debt?

  


   Tax software FAQ      


  

It's tax time. You are probably asking yourself: "which tax software should I use this year?". Go back to the same online software I have used last year, or should I switch to a different software that offer different features. How do you choose the right software for you? how do you select the software that not only priced fairly but also offers all the features you need to get e biggest refund ever. In this section of our website, we bring you tax-software-questions-and-answers that will help you make an educated decision on which e-file software you should purchase to file your tax return this year.

  

Tax Software Questions :

"I want to do my own taxes this year and looking for a tax software. I have found one that is really priced low but has a very un-friendly user interface. How important is it?"

 

Tax Software Questions :

"After using TurboTax for 3 years, I am considering switching to a different software. How hard is it to start over with a new tax software?"

 

Tax Software Questions :

"In the past my wife and me did our taxes at H&R Block desktop software. We heard that online tax software is much better. Is that true?"

 

Tax Software Questions :

"How secured is my personal tax information when using an online tax software to prepare my taxes?"

 

Tax Software Questions :

"It usually takes me two or three sessions to complete my return. How does it work with an online tax software, do I need to enter all the data at once?"

 

Tax Software Questions :

"How do I know which forms and schedules each tax software support? I want to make sure before I choose a tax software that it can files all the necessary items!"

 

Tax Software Questions :

"How do I verify that the tax software I am choosing will indeed give me the biggest refund?"

 

In our tax software forum you will find the questions listed above and many more. We have designed our e-file software to really answer the needs of our customers and take the online software questions seriously as they are for us the true and real feedback from you the ultimate user of the software. We have added to unique and exclusive features to our online tax preparation software: interactive guide with all the deductions, credits and other tax breaks available to you by law and online FREE live chat with our software specialists. These two exclusive features guaranteed that you will get your biggest refund ever and always have someone to talk to and clear our any tax question you may face. 

 

Lets start my return!

 

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Prepare your return online, get the biggest refund, fast and 100% accurate.
$9.95        FILE  & ASK ™, the best way to file your return
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Prepare your return online, and let our experts review it for errors, advice & tips.
$34.95        FILE  & ASK ™, the best way to file your return
       Expert Return
 

 
Send us your tax documents, we will do all the rest. File with our tax experts.
$84.95        FILE  & ASK ™, the best way to file your return
 

Fast. Easy.
Secured. Accurate.
     

No error return.
Maximum refund
     

Complete peace of mind.
Complete audit protection
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Continue your return
     
Continue your return
     
We do all the work for you
 
  
       
      
 
   "This is the best tax service online. Not only the pricing is extremely competitive, they are the only ones who offer instant answers to your tax questions while you are online, preparing your return." - Donna, Texas   Start Return         "I have looked everywhere for an online solution to file my taxes. Only at  TaxTreasure, I was able to prepare it online at 2:00a.m. and still get professional answer to my tax question." -  Jim, Ohio  Start Return        "In 20 minutes I completed my return and had it reviewed by one of a tax experts. Smart move. They found additional deductions I can claim and increased my refund by $356. Nice." - Paula, New York   Start Return  
  
       
      
 
  Features:
Super Fast (ready in minutes)
Super easy and user friendly
100% Secured
No error return GUARANTEED
Maximum refund GUARANTEED
Multiple copies, no additional charge
Complete audit protection (+$9.99)
Free E-file  
Any 1040 form  
Any filing status  
Children or dependents  
Itemized deductions  
Stock/bond sale  
Pre-tax/retirement acct.  

Standard Deduction
Sales Tax Deduction
Sales Tax Deduction for Vehicle Purchases
Mortgage Insurance Premium
Additional Standard Deduction
Car and Truck Expenses
Educator Expenses
Gifts to Charity
Mortgage Interest
Alimony Expenses
Casualty & Theft Losses
Domestic Production Activities
Early Withdrawal Penalty On Deposits
Qualified Performing Artists (QPA)
Moving Expenses
Self-Employment Tax    
Self-Employment Health Insurance
Traditional IRA Deduction
SEP IRA
SIMPLE IRA
Solo 401K
Health Savings Account (HSA)

Job Search Cost
Personal Exemptions
Qualified Performing Artists Expenses
Self-Employment Health Insurance
Student Loan Interest
Tuition and Fees Tax Deduction
Alternative Motor Vehicle Tax Credit
American Opportunity Tax Credit
Making Work Pay Tax Credit
First-Time Homebuyer Tax Credit
Energy Tax Credits
Adoption Tax Credit
Child Tax Credit
Retirement Savings Contribution Credit
Credit for the Elderly or Disabled
Child Care Tax Credit

Dependent Care Expenses
Earned Income Credit
Education Credits
Foreign Tax Credit
Adoption Credit            
Hybrid Car Tax Credit
Child Tax Credit

 
       Features:
Fast (up to 48  hours)
Super easy and user friendly
100% Secured
No error return GUARANTEED
Maximum refund GUARANTEED
Multiple copies, no additional charge
Complete audit protection (+$9.99)
Free E-file  
Any 1040 form  
Any filing status  
Children or dependents  
Itemized deductions  
Stock/bond sale  
Pre-tax/retirement acct.  

Standard Deduction
Sales Tax Deduction
Sales Tax Deduction for Vehicle Purchases
Mortgage Insurance Premium
Additional Standard Deduction
Car and Truck Expenses
Educator Expenses
Gifts to Charity
Mortgage Interest
Alimony Expenses
Casualty & Theft Losses
Domestic Production Activities
Early Withdrawal Penalty On Deposits
Qualified Performing Artists (QPA)
Moving Expenses
Self-Employment Tax
    
Self-Employment Health Insurance
Traditional IRA Deduction
SEP IRA
SIMPLE IRA
Solo 401K
Health Savings Acco
unt (HSA)

Job Search Cost
Personal Exemptions
Qualified Performing Artists Expenses
Self-Employment Health Insurance
Student Loan Interest
Tuition and Fees Tax Deduction
Alternative Motor Vehicle Tax Credit
American Opportunity Tax Credit
Making Work Pay Tax Credit
First-Time Homebuyer Tax Credit
Energy Tax Credits
Adoption Tax Credit
Child Tax Credit
Retirement Savings Contribution Credit
Credit for the Elderly or Disabled
Child Care Tax Credit

Dependent Care Expenses
Earned Income Credit
Education Credits
Foreign Tax Credit
Adoption Credit            
Hybrid Car Tax Credit
Child Tax Credit

  


       Features:
Fast (up to 72  hours)
Super easy and user friendly
100% Secured
No error return GUARANTEED
Maximum refund GUARANTEED
Multiple copies, no additional charge
FREE Complete audit protection
Free E-file  
Any 1040 form  
Any filing status  
Children or dependents  
Itemized deductions  
Stock/bond sale  
Pre-tax/retirement acct.  

Standard Deduction
Sales Tax Deduction
Sales Tax Deduction for Vehicle Purchases
Mortgage Insurance Premium
Additional Standard Deduction
Car and Truck Expenses
Educator Expenses
Gifts to Charity
Mortgage Interest
Alimony Expenses
Casualty & Theft Losses
Domestic Production Activities
Early Withdrawal Penalty On Deposits
Qualified Performing Artists (QPA)
Moving Expenses
Self-Employment Tax
    
Self-Employment Health Insurance
Traditional IRA Deduction
SEP IRA
SIMPLE IRA
Solo 401K
Health Savings Account (HSA)

Job Search Cost
Personal Exemptions
Qualified Performing Artists Expenses
Self-Employment Health Insurance
Student Loan Interest
Tuition and Fees Tax Deduction
Alternative Motor Vehicle Tax Credit
American Opportunity Tax Credit
Making Work Pay Tax Credit
First-Time Homebuyer Tax Credit
Energy Tax Credits
Adoption Tax Credit
Child Tax Credit
Retirement Savings Contribution Credit
Credit for the Elderly or Disabled
Child Care Tax Credit

Dependent Care Expenses
Earned Income Credit
Education Credits
Foreign Tax Credit
Adoption Credit
            
Hybrid Car Tax Credit
Child Tax Credit

  


 
                     
 
 

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