Student Loan Deduction

• A student or parent of a dependent student can claim up to a $2,500 deduction for the interest paid on a student loan.
  
  

Tuition and Fees Deduction

• A student or parent of a dependent student can claim up to a $4,000 deduction for tuition and fees.
  
  

Moving Expenses

• If you move because of a new job that is at least 50 miles farther from your home than your current job, the costs associated are deductible.
  
  

Traditional IRA Contributions

• If you meet income requirements, contributions to a traditional IRA are deductible.
  
  

Contributions to Health Savings Accounts (HSAs)

• Contributions to HSAs can be deductible.
  
  

Alimony

• Alimony is tax deductible.