If you had substantial health care expenditures last year, you may be able to deduct some of them from your taxable income.

If you’re filing a return with a spouse and/or dependents, you need to report your family’s total unreimbursed medical costs ...

Homeowners have two choices when claiming deductions to reduce their taxable income: the standard or itemized deduction. But ...

Form 4684 allows individuals, businesses and estates to claim deductions against any unexpected losses due to theft or disasters. These deductions can help reduce taxable income, but they come ...