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These deductions don't fall under any of our other taxopedia categories.
See our other taxopedias.
What's Deductible? -- A to Z
Alimony. You may deduct the alimony or separate maintenance payments you are required to make to your spouse or former spouse, or to a third party on behalf of that spouse. You do not have to itemize deductions to claim this tax saver. Child support is not deductible.
Elderly and disabled credit. You may be able to take the Credit for the Elderly or the Disabled if you were age 65 or older at the end of the year, or if you are retired on permanent and total disability. Only low-income filers can claim the credit.
Estate tax imposed on an IRA, retirement plan or annuity. You can claim an itemized deduction for the federal estate tax attributable to such assets as you report the income on your tax return. The executor of the estate should be able to help you pinpoint your deduction. Although this is considered a miscellaneous expense, it is not subject to the normal rule that limits deductions for such costs to the amount that exceeds 2% of adjusted gross income.
Gambling losses. You can deduct losses up to the extent of gambling winnings you report as taxable income. You must itemize to use this write-off.
Impairment-related work expenses. If you have a physical or mental disability that limits your being employed, or substantially limits one or more of your major life activities, such as performing manual tasks, walking, speaking, breathing, learning and working, you can deduct your impairment-related work expenses.
Legal fees. Legal fees related to producing or collecting taxable income or getting tax advice are a miscellaneous itemized deduction on Schedule A allowable to the extent that this deduction and your other miscellaneous deductions exceed 2% of your adjusted gross income.
Tax preparation fees. You can usually deduct tax preparation fees -- including the cost of tax software -- in the year you pay them. The deduction is treated as a miscellaneous itemized deduction on Schedule A that is allowable to the extent that it and your other miscellaneous deductions exceed 2% of your adjusted gross income.
Unrecovered investment in pension plan or annuity. If you die before your entire investment is recovered tax free, any unrecovered amount is allowed as an itemized deduction on your final income tax return.
See our other taxopedias.
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