Is there an online resource that provides a current and comprehensive list of US Federal tax deductions and credits for individuals?

Asked by: Srinivasan Keegan

How can I get tax deductions?

Here’s a drop-down list of some common ones, as well as links to our other content that will help you learn more.

1. Child tax credit. …
2. Child and dependent care tax credit. …
3. American opportunity tax credit. …
4. Lifetime learning credit. …
5. Student loan interest deduction. …
6. Adoption credit. …
7. Earned income tax credit.

What deductions can I claim without receipts?

Membership or Union Fees: Itemized deductions like these are in your pay-as-you-go summary. As long as you have the document, you usually don’t need a receipt.
Common Items You Can Claim without a Receipt

• Maintenance.
• Loan interest.
• Registration.
• Insurance.
• Fuel.

What is the best free tax filing online?

Free Online Tax Preparation Software and Services

1. H&R Block Online Free Edition. …
2. TurboTax Federal Free Filing Option. …
3. Cash App Taxes. …
4. TaxSlayer.com Free File Federal. …
5. TaxAct Free Edition. …
6. FreeTaxUSA Free Edition. …
7. FileYourTaxes.com. …
8. Free File Fillable Forms.

What is the 2021 standard deduction?

2021 Standard Deduction Amounts