Is It Tax Deductible?

Tax Deductions: Can You Tell If These Are Legit?


If trying to keep track of all the new federal tax law changes makes your head spin, you’re certainly not alone. Many popular deductions were repealed or scaled back. On the other hand, a lot of familiar deductions weren’t touched.

Understanding which deductions changed and which ones stayed the same is critical. When it comes to how much tax you must pay, knowledge really is power. That’s why we pulled together this list of deduction-related FAQs from visitors to

See if you can separate the legitimate deductions from the ones that would trigger a “not so fast, buddy” response from the IRS. Good luck!

SEE ALSO: The Most-Overlooked Tax Breaks and Deductions

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