You're right, you're missing out on two of the biggest tax breaks. But you might have others. Everyone—really, everyone—should take advantage of the big tax break for retirement contributions. The more you contribute, the less you pay in taxes.
If you're paying interest on student loans or are paying tuition currently, those are two other big deductions you shouldn't miss. Learn more about tax breaks for tuition.
Finally, if you make below a certain income, you could qualify for the Earned Income Tax Credit. It has the potential to wipe out your tax bill completely! If you make less than $20,000, you could qualify. Looking for Tax Expert in San Clemente, CA, Contact TaxPros+ today!