Most overlooked tax deductions

Published On: Jan 12 2012 01:20:55 PM CST   Updated On: Feb 15 2013 01:00:00 AM CST

The first day the IRS will accept your tax return is Jan. 20. Find out how to cut your tax bill to the bone by claiming all the breaks you deserve.

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Estate Tax On Income In Respect Of Decedent -- If you inherited an IRA from someone whose estate was big enough to be subject to the federal estate tax, you get an income-tax deduction for the amount of estate tax paid on the IRA assets you received.

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