{"id":184,"date":"2019-01-21T22:02:08","date_gmt":"2019-01-21T20:02:08","guid":{"rendered":"http:\/\/e-merald.com\/themes\/benchmark-wp\/?p=184"},"modified":"2019-09-12T18:41:29","modified_gmt":"2019-09-12T15:41:29","slug":"tax-deductions-and-credits-that-are-often-missed","status":"publish","type":"post","link":"https:\/\/e-merald.com\/themes\/benchmark-wp\/tax-deductions-and-credits-that-are-often-missed\/","title":{"rendered":"Tax Deductions and Credits that are often missed"},"content":{"rendered":"<p class=\"lead-text-basic margin-bottom-40px\">Tax filing season for calendar 2018 opened on January 20, 2019. Here is a list of tax deductions and credits that are often missed by taxpayers because they were not aware that the expenses qualified for a tax deduction or credit.<\/p>\n<h3>Medical Related<\/h3>\n<p>(Total expenses must exceed 10% (7.5% if age 65+) of Adjusted Gross Income to be deductible)<\/p>\n<ol class=\"custom-counter indent-small margin-bottom-40px\">\n<li>Alcoholism and drug abuse treatment<\/li>\n<li>Contact lenses, eyeglasses and hearing aids<\/li>\n<li>Long-term care insurance premiums<\/li>\n<li>Medical transportation costs, including the standard mileage rate of 23 \u00bd cents<\/li>\n<li>Lodging expenses incurred for medical reasons<\/li>\n<\/ol>\n<h3>Employment Related<\/h3>\n<ol class=\"custom-counter indent-small\">\n<li>Costs of looking for a new job in your present occupation<\/li>\n<li>IRA deduction for contributions made after the end of 2014 but before April 15, 2015<\/li>\n<li>Employee\u2019s moving expenses<\/li>\n<li>Education that is work related<\/li>\n<li>Unreimbursed employee expenses, such as license fees, business subscriptions<\/li>\n<li>Health care insurance premiums and 50% of self-employment tax for self-employed<\/li>\n<li>Medicare premiums paid by the self-employed<\/li>\n<li>Simplified Employee Pension (SEP) IRAs for self-employed<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"<p>Tax filing season for calendar 2018 opened on January 20, 2019. Here is a list of tax deductions and credits that are often missed by taxpayers because they were not aware that the expenses qualified for a tax deduction or [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":107,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[10,16],"_links":{"self":[{"href":"https:\/\/e-merald.com\/themes\/benchmark-wp\/wp-json\/wp\/v2\/posts\/184"}],"collection":[{"href":"https:\/\/e-merald.com\/themes\/benchmark-wp\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-merald.com\/themes\/benchmark-wp\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-merald.com\/themes\/benchmark-wp\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/e-merald.com\/themes\/benchmark-wp\/wp-json\/wp\/v2\/comments?post=184"}],"version-history":[{"count":0,"href":"https:\/\/e-merald.com\/themes\/benchmark-wp\/wp-json\/wp\/v2\/posts\/184\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-merald.com\/themes\/benchmark-wp\/wp-json\/wp\/v2\/media\/107"}],"wp:attachment":[{"href":"https:\/\/e-merald.com\/themes\/benchmark-wp\/wp-json\/wp\/v2\/media?parent=184"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-merald.com\/themes\/benchmark-wp\/wp-json\/wp\/v2\/categories?post=184"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-merald.com\/themes\/benchmark-wp\/wp-json\/wp\/v2\/tags?post=184"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}