If you have a high deductible health plan, you may also have a health savings account (HSA). HSA contributions are tax deductible on Form 1040 subject to the 2011 HSA contribution limits. Health Savings Account (HSA) As you may know, a health savings account (HSA) is a special account that you can establish in conjunction [...]
Here are three things you must do for a charitable contribution of cash or property to be tax deductible for the 2011 tax year. Itemize Deductions Obviously, you must itemize deductions. Gifts to charity are included on Schedule A of Form 1040. If you don’t itemize, it’s probably because the standard deduction for your filing [...]
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