With this year's tax filing deadline quickly approaching, some Americans might be scrambling for last-minute deductions to claim. Tax pros suggest three possible places to look for a solution:
With this year's tax filing deadline quickly approaching, some Americans might be scrambling for last-minute deductions to claim. Tax pros suggest three possible places to look for a solution: charitable giving, medical bills or your side hustle.
Filers can lower their taxable income by donating to an eligible charity, said Jennifer Streaks, senior personal finance reporter at Business Insider. Self-employed Americans who primarily work from home can also write off portions of their rent, utilities, home repairs and internet service, she said.
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