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Posts Tagged ‘tax exemptions’

7 Most Popular Tax Deductions Average Americans Claim

The following tax deductions are some of the most popular deductions because a large number of taxpayers are eligible to take advantage of them. The Motley Fool looked at past IRS data to find the provisions that most benefitted the roughly 147 million taxpayers who filed tax returns, in the most recent available tax year. Here is what they found: “1. Personal exemptions “The most commonly used ...