What can you claim in your taxes?

Answer 1

In your taxes, you can claim various deductions and credits that may lower your taxable income or tax liability. Common deductions include mortgage interest, student loan interest, and medical expenses, while credits can include the Earned Income Tax Credit, Child Tax Credit, and education credits. Additionally, you may claim business expenses if you're self-employed. Always check IRS guidelines or consult a tax professional for specific eligibility requirements.