The Executive Financial Group

Top 50 Overlooked Tax Deductions

The Executive Financial Group can help you find all of the credits and deductions you deserve, including those hard-to-find and commonly overlooked tax deductions.

This is a list of the top 50 most easily overlooked tax deductions. Not every item will be applicable to your situation.

Medical-related Overlooked Tax Deductions

Medical transportation expenses including tolls, parking, and mileage for trips to health facilities, doctor's offices, laboratories, etc.
Nursing home expenses that are primarily for medical care
Medical aids such as crutches, canes, and orthopedic shoes
Hearing aids, eye glasses, and contact lenses
Hospital fees for services such as nursing, physical therapy, lab tests, and x-rays
Equipment for disabled or handicapped individuals
Part of the life-care fee paid to a retirement home designated for medical care
The cost of alcohol and drug abuse programs, and certain smoking-cessation treatments
Wages for nursing services