5 Tax Deductions Most People Miss on Their 2025 Tax Return
Stop Leaving Money on the Table
Tax season is here. Here are five commonly overlooked deductions.
1. Home Office ($1,500 Easy)
Self-employed? Deduct $5/sq ft up to 300 sq ft. That’s $1,500 with zero receipts.
2. Student Loan Interest ($2,500)
Deduct up to $2,500 even with the standard deduction. It’s an above-the-line deduction.
3. State Sales Tax
No income tax in your state (TX, FL, WA)? Deduct sales taxes instead. Especially valuable after big purchases.
4. Clothing Donations
Those Goodwill bags are worth $50-150 each if you itemize. Document with photos.
5. HSA Contributions
Triple tax-advantaged: deductible going in, tax-free growth, tax-free for medical. 2025 limit: $4,150 individual, $8,300 family.
Stay Updated with Money Alert Daily
• Facebook • Instagram • X (Twitter)
