Maximize Your Federal Income Tax Refund


by FrankW Ellis - Date: 2006-12-29 - Word Count: 253 Share This!

Learning how to maximize your tax refund, can pay you big money at tax time. With the help of a tax deduction maximizer you can increase your Federal Tax refund by 15%, 25% or even 50%.

How does a deduction maximizer work to increase my tax refund?

Tax deductions and credits are what enable you to reduce the amount of tax you pay, or get a larger tax refund. You may be tempted to settle for standard tax deductions and credits, and wind up paying the IRS more than you should. The deduction maximizer will alert you to overlooked tax deductions and credits you may qualify for.

Here are a few of the over 350 free tax deductions and credits available to you:

Home mortgage interest, real estate taxes, property taxesEducation expensesEarned income credit, child tax credit, child care creditEnergy tax creditsState and local income taxesCharitable contributionsHome office deductionMedical and dental expensesYou could spend a lot of money, paying a tax accountant to find these overlooked tax deductions and credits, but you no longer have to. There are tools on the internet that can help you can master the skill of finding tax deductions and credits, and achieve a triple or even quadruple digit increase in your income tax refund.

Many taxpayers settle for the standard deduction rather than exploring the many tax deductions available to them. Before you settle for the standard tax deductions, take a few minutes to explore the over 350 Federal tax deductions and credits.

It's a great way to fatten your income tax refund!


Related Tags: income, tax, your, federal, irs, refund, maximize

It's easy to Prepare Your Taxes Online. Learn how get all the tax deductions and credits you deserve! You can use the Free Tax Estimator provided by Turbo Tax Online to prepare and file your taxes this year.

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