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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Refinancing Points -- When you refinance, can deduct the points on the new loan over its lifetime. That means you can deduct 1/30th of the points a year if it's a 30-year mortgage, resulting in $33 a year for each $1,000 in points you paid.

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