Tax Hacks 2016: Don’t Overlook These 8 Deductions and Credits

Buried in the massive document that makes up the U.S. tax code are myriad ways to shrink your tax bill. Here are eight big ones that many people don't realize they can claim.

No one wants to pay more on their taxes than they have to. Even the IRS urges Americans to make sure they’re claiming all the credits they can.

Unfortunately, the U.S. tax code is anything but simple. And that makes it hard to ferret out where tax incentives are hiding and who’s eligible to claim them.

That’s why we are offering you this list of common — but often overlooked — tax deductions and credits. Check your records against the list and make sure you’re getting the best deal you can.


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