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  2. I'm a Business Owner. What Expenses Can I Write Off on ... - AOL

    www.aol.com/finance/write-off-expenses-businesss...

    A tax write-off is how businesses account for expenses, losses and liabilities on their taxes. Write-offs are a specialized form of tax deduction. When a business spends money on equipment or ...

  3. What Can I Write Off on My Taxes? - AOL

    www.aol.com/finance/write-off-taxes-090021611.html

    1. Medical and Dental Expenses. You can deduct medical and dental expenses for yourself, your spouse and your dependents.. If you make improvements to your home for medical purposes — such as ...

  4. What Is a Tax Write-Off? - AOL

    www.aol.com/finance/does-mean-write-something...

    If you earn $60,000 in 2024, you itemize deductions and you take a $4,000 tax deduction for real estate taxes, the write-off doesn’t reimburse you the $4,000. However, it does reduce your ...

  5. Write-off - Wikipedia

    en.wikipedia.org/wiki/Write-off

    In income tax calculation, a write-off is the itemized deduction of an item's value from a person's taxable income. Thus, if a person in the United States has a taxable income of $50,000 per year, a $100 telephone for business use would lower the taxable income to $49,900.

  6. How Can I Write Off Expenses on My Business's Taxes? - AOL

    www.aol.com/news/write-off-expenses-businesss...

    A tax write-off is how businesses account for expenses, losses and liabilities on their taxes. Write-offs are a specialized form of tax deduction. When a business spends money on equipment or ...

  7. This Is Where Americans Write Off the Most in Taxes - AOL

    www.aol.com/where-americans-write-off-most...

    With the April 18 tax deadline looming, Americans must choose between itemizing deductions or taking the standard deduction to reduce their tax obligations and pocket as much money as possible.

  8. What Can I Write Off on My Taxes? - AOL

    www.aol.com/write-off-taxes-110021429.html

    Some deductions remain every year, but others change or disappear, and new ones crop up. Learn the most common tax deductions available for tax year 2019.

  9. Medical Expenses You Can Deduct From Your Taxes - AOL

    www.aol.com/finance/medical-expenses-deduct...

    Can You Write Off Medical Expenses? Yes, you can claim medical expenses on taxes. For tax year 2021, the IRS permits you to deduct the portion of your medical expenses that exceeds 7.5% of your ...