Even though tax season is over, you can start managing your deductions more efficiently for next year. With the addition of the My Deductions donations tracker, you can keep track of all your monetary, stock, mileage, and noncash donations in one convenient place. To access the My Deductions donations tracker, login to your TaxSlayer.com account, then click on the My Deductions link under the Other Items tab. Once inside the My Deductions menu you can manually add donations as they occur throughout the year. Whether you have an old T.V. you donated to Goodwill or cash tithed to your church, it can all be recorded here. After the deduction is input it will automatically be pulled into your tax return for next year. This is a great time saving tool that is Free to everyone who uses TaxSlayer.com.
In addition, the deductions you add can be filtered by Charity, Donation Type, and Organization to help you sort which donations go where. With the My Donations tracker, you will be well prepared come tax season.
Tags : deductions