<p>I will be doing my taxes again soon and was wondering if anybody had any input on the most common missed deductions that occur when filling out your taxes the first year after your kids have gone to college that have taken out financial aid and or taken out student/parent loans.I know if you take the Hope credit you can’t take the education deduction but are there other things to be on the look out for?</p>
<p>I found it easiest to use a tax program that is idiot proof and gives prompts to check your deductions
It was worth it for us plus you can deduct it</p>
<p>^Yep. Buy a program…TurboTax or TaxCut. Make sure you update it before use.</p>