Most overlooked tax deductions

POSTED: 11:20 AM PST Jan 12, 2012    UPDATED: 11:00 PM PST Feb 14, 2013 

Cut your tax bill to the bone by claiming all the breaks you deserve -- including some you may not know about.

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Out-Of-Pocket-Charitable Deductions -- you can write off out-of-pocket costs incurred while doing work for a charity, such as driving costs or ingredients for food prepared for a nonprofit organization's soup kitchen.

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