If you are thinking of padding your federal tax return by deducting these expenses, think again.
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No one wants to pay more in taxes than they have to. Fortunately, numerous deductions and credits can help lower your final tax bill.
However, don’t make the mistake of trying to claim one of the following 14 things. Why? Some of these deductions were wiped out by the Tax Cuts and Jobs Act of 2017. Others were never real deductions in the first place.
Claiming the following “deductions” could come back to haunt you if you are audited.
These everyday items pose a health risk — or simply become ineffective — when kept past their prime.
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