Claiming Tax Deductions

Claiming tax deductions is a good way to decrease your taxable income - just make sure what you're deducting is actually deductible.

Make claiming deductions easy by filing online

Avoid costly mistakes, and take advantage of all possible credits and deductions. (Try H&R Block Premier).

Turbo Tax for the Web lets you work on your return and pay nothing until you are finished. Start now.

Click here to start

Don't have time? File an extension online with H&R Block.

What can be claimed as tax deductions?

Instead of taking a standard deduction, you can itemize your expenses and claim them as deductions. It's a more complicated process but you can save a lot of money.


Check out the following guides for more information on itemizing:


  • Mortgage interest tax deduction Includes deducting mortgage points and refinancing.

  • Student loan interest deduction

  • Medical expenses tax deduction

  • Charity & gifts tax deduction

  • Investment interest deduction

  • Casualty & theft deduction

  • Taxes paid deduction

  • Miscellaneous tax deductions which includes a chart for itemizing tax deductions

  • Alternative minimum tax