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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Military Reservists' Travel Expenses -- Members of the National Guard or military reserve may tap a deduction for travel expenses to drills or meetings. To qualify, you must travel more than 100 miles from home and be away overnight.

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