Top 10 overlooked tax deductions
Jury pay returned to employer
If you serve on a jury, many times your employer will continue to pay your full salary those days but ask that you turn over your jury fees to the company. But since the IRS demands that taxpayers report those jury fees as taxable income, those who receive the fees can deduct whatever they return to the employer so they aren’t taxed on money that is simply passing through their hands.
Advertisement
Get Social
Advertisement