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IS IT DEDUCTIBLE?

Did you know you can write off college tuition costs? Or job-related moving expenses? And you don't even have to itemize to get these breaks. The Internal Revenue Code offers a multitude of ways to lower your tax bill. The key is knowing which deductions and credits are available.



Here's a chance to put your knowledge to the test. See if you can identify the legitimate deductible expenses from expenses that may sound like deductions, but won't pass muster with the IRS.