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Most overlooked tax deductions

Published On: Jan 12 2012 11:20:55 AM PST   Updated On: Feb 14 2013 11:00:00 PM PST

Cut your tax bill to the bone by claiming all the breaks you deserve -- including some you may not know about.

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Student Loan Interest Paid By Parents -- A child who is not claimed as a dependent can deduct up to $2,500 of student-loan interest paid by their parents.

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