What deductions can I claim for 2022?

Assuming the standard deduction for a single filer in 2022 is $12,700, here are some common deductions you can claim:

Mortgage interest: You can deduct mortgage interest on up to $1 million of debt for your primary and secondary homes. This deduction is capped at the interest amount paid during the tax year.

State and local taxes: You can deduct up to $10,000 ($5,000 if married filing separately) of state and local income taxes, or sales taxes in place of income taxes. Property taxes are also deductible.

Charitable contributions: Donations to qualifying charitable organizations are deductible, up to 60% of your adjusted gross income. Note that donations of clothing and household items must be in good condition to qualify.

Medical expenses: Expenses exceeding 7.5% of your adjusted gross income can be deducted. This includes things like doctor visits, prescription drugs, and lab fees. Additionally, you can deduct mileage driven for medical appointments (at 23 cents per mile in 2020). Insurance premiums may also count towards this deduction if paid with after-tax dollars.

5 users can have a maximum throughput of _____.


Worth knowing

There are a lot of rumors going around about VPNs and whether or not they can be used to tracker users. The answer, however, is not as simple as a yes or no. While it is technically possible for someone to track you if you use a VPN, there are a number of factors that make it unlikely.

First, let’s talk about how a VPN works. A VPN encrypts all of the traffic between your computer and the VPN server. This means that anyone trying to intercept your traffic would only see gibberish. Even if they were able to decrypt the traffic, they would only see the IP address of the VPN server - not your real IP address.

So, while it is possible for someone to track you if you use a VPN, it is very difficult. If you are concerned about being tracked, we recommend using a reputable VPN service that takes privacy seriously.


Worth knowing


Worth knowing

No, they cannot. If you’re using a good, trustworthy VPN service, your employer will only be able to see that you’re connected to a VPN server, and won’t be able to tell what you’re doing or where you’re going online.

Thank your for reading!