There are many different types of expenses that count as tax deductions that are commonly missed by average people. Of, course, it is necessary to keep all relevant receipts to provide proof of the incurred expenses.

The following is a list of the top 8 commonly missed tax deductible expenses:

1. Moving Expenses for First Job

In the United States, logged mileage and moving expenses for your first job (this only applies to your first job) can be claimed as a tax deduction. To be able to claim this deduction, it is very important to clearly document all itemized expenses associated with the move. Make sure to keep all relevant receipts as supportive information. Of course, you will not be able to deduct the charges from your taxes if you were reimbursed for the moving charges by your employer.

2. Educator Expenses

Not only is education a worth-while investment for the person who is receiving the education, it is also a way to get a tax refund if you are an educator. Educators who meet the qualifications can be refunded up to $250 on purchased educational items. It is not necessary to itemize these purchased items.

3. Expenses fo Higher Education

Getting a college education is always a wise choice, as well as an excellent investment in your future. Most students' adjusted gross income is lower than $65,000. If this circumstance applies to you, you can deduct up to $4,000 of your expenses related to your higher education.

4. Home Improvement/ Energy Savings Credit

You can claim up to $1,500 for home improvements that increase the energy efficiency of your home. Some examples of energy saving improvements would include things like replacing an old hot water heater with a tankless water heater, or using a high-efficiency furnace. In addition to being able to claim up to $1,500 as a tax deduction, you will also be able to save significant amounts of money in electricity and gas bills over the life of the new appliances.

5. Home Improvements for Medical Reasons

Home improvements aren't inexpensive, but the good news is that they can count as a tax deduction. If you have modified or remodeled your home for medical reasons, like wheel chair access to the shower, you are eligible to deduct the expenses for the remodel from your taxes. Make sure to clearly document any expenses associated with remodeling your home for medical reasons.

6. Child- Care Credit

A lot of employers provide reimbursement accounts for as much as $6,000 for child-care related expenses, but if you have further expenses, you can add up to an additional $1,000 on your own. One very commonly overlooked piece of information is that pre-school can be included as child-care if you drop the kids off and go to work for several hours.

7. Non-cash Donations

You do not need a receipt for every charitable donation that you make. You can donate your unused goods, clothing, and furniture to the Goodwill or the Salvation Army. For items that are worth more than $500, you can get appraisals to determine the value of the donation. Another form of non-cash donation can be related to driving your vehicle for charitable reasons. Logging mileage used for the charitable purposes can be used to validate the amount of charitable work carried out. You will not require a receipt for proof of your charitable work or donation, but you will need to provide documentation.

8. Work- Related Expenses

Items that qualify as tax-deductible work expense, are things like the cost of doing laundry on a business trip. Other qualified deductions would include things like education that maintains or improves your job-related skills, the purchase of certain business tools, or even gas used while searching for a job.

Hopefully, recognizing some of the available tax deductions will assist you in saving some serious money on your income taxes.