Tax deductions
I'm looking for possible tax write offs for a 76 year old retiree who receives social security, pension, life insurance and oil lease income.
Quick Answer:
For a retiree with your income sources, several deductions could reduce taxable income.
Common itemized deductions often include:
* **Medical Expenses:** If your out-of-pocket medical,
Note: This answer is provided for convenience only. It is important that you speak to a CPA about your individual tax situation.