Most overlooked tax deductions

Published On: Jan 12 2012 02:20:55 PM EST   Updated On: Feb 15 2013 02:00:00 AM EST

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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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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