Located in the Monongahela National Forest, this 10,215-acre area is one of... Located in the Monongahela National Forest, this 10,215-acre area is one of the few wilderness areas on the East Coast.
This fact sheet provides a quick look at preventing incorrect deductions for retirement plans. Qualifications to claim deductions. If you are self-employed, you may qualify for a tax deduction for contributions you make to a qualified retirement plan. You must have self-employment income to qualify.
Here are 16 tips to reduce what you pay in taxes: 1. Retirement account contributions are a top tax-reduction tool, as they serve two purposes. Most contributions (except the Roth individual retirement account) allow you to deduct from your taxable income the amount paid into the retirement account.