Unbelievable Tax Breaks That Are Real

Plus: What Your Tax Preparer May Not Want You To Know [VIEW IN BROWSER]( [Kiplinger Special Report]( TIPS TO TRIM YOUR TAXES [15 Tax Breaks You Won't Believe Are Real]( As you struggle with your tax return, trying to come up with some extra deductions to pump up your refund or reduce what you owe can seem like a waste of time. But don't give up, because there are a lot of surprising things that are legitimately deductible. Plus: [10 Surprising Things That Are Taxable]( [READ MORE]( [What Your Tax Preparer May Not Want You To Know]( [What Your Tax Preparer May Not Want You To Know]( How many times have you seen the phrase, "Consult your tax adviser"? Many people do and it's often good for their financial well-being. But that doesn't mean you're getting the full story. Here are nine truths your tax preparer may not want you to know. Plus: [Should You Do Your Own Taxes or Hire a Professional?]( [READ MORE]( SPONSORED CONTENT FROM MARCUS BY GOLDMAN SACHS [Get A Guaranteed Return With No Penalty To Withdraw]( [Get A Guaranteed Return With No Penalty To Withdraw]( The high-yield No-Penalty CD from Marcus by Goldman Sachs lets you lock in a fixed rate with the flexibility to withdraw the full balance beginning 7 days after funding — without a penalty. FDIC insured. US-based Contact Center open 7 days/week.[Advertisement] [READ MORE]( [14 States That Won't Tax Your Pension]( Uncle Sam generally taxes payments from pensions as ordinary income, but a handful of states don't tax pension income at all. Good for you if you retire in one of these states! Plus: [10 Most Tax-Friendly States for Retirees]( [READ MORE]( [Most-Overlooked Tax Breaks and Deductions for the Self-Employed]( [Most-Overlooked Tax Breaks and Deductions for the Self-Employed]( You're pursuing a dream. You're tired of your boss. You need more flexibility in your life. No matter what your reason is for quitting your old job and venturing out on your own, you want to make sure you're getting all the tax breaks you qualify for as a self-employed person. Plus: [20 Most-Overlooked Tax Breaks and Deductions]( [READ MORE]( [Where You Rank as a Taxpayer]( Do the rich pay their fair share of taxes? Do you? Use our handy tool to help answer these questions. Plus: [2020 Election: Tax Plans for All 8 Democratic Presidential Candidates]( [READ MORE]( Get a free issue of the Kiplinger Tax Letter Since 1925, The Kiplinger Tax Letter has helped millions of tax professionals and individual taxpayers slash taxes to the legal minimum ... claim all the benefits they can ... steer clear of IRS audits ... and keep more of their hard-earned money in their pockets — whether for their businesses or themselves. Now you can enjoy the same advantages, both for the uncertain tax year ahead, and as tax laws continue to change in the future. [Get your free issue now]( — no information is required from you. You're also invited to take advantage of a new subscriber offer to save 77% off the cover price. ALSO ON KIPLINGER [Best Tax Software Values for 2020]( [4 Questions to Ask Your Tax Accountant]( [Kiplinger] [Facebook]( [Twitter]( [LinkedIn]( All content ©2020 The Kiplinger Washington Editors 1100 13th Street, NW, Suite 750 Washington, D.C. 20005 Thank you for subscribing to our free Tax Tips e-newsletter. Trim your federal and state tax bills with our actionable tax-planning strategies and tax-filing tactics. Published weekly December - April, monthly May - November. If you ever wish to stop receiving this service, please [click here to unsubscribe](.