Can I Deduct...?
Fully Deductible Miscellaneous Itemized deductions
Common Fully deductible deductions not subject to the 2% AGI limitation are: Amortizable premium on taxable bonds Casualty and theft loss from income producing property Estate taxes on income in respect of a decedent Gambling losses, up to the amount of gambling winnings Special job related expenses of the handicapped Unrecovered cost of annuities on a decedent's final return
Need Professional Help?
If you need help with "Can I Deduct...?" or have other tax questions, we can help you find a local licensed tax preparer for a free, no-obligation consultation.