Most used computers aren't worth nearly that much, so don't expect a big deduction.

But toting up actual operating expenses will frequently produce a bigger deduction.

These once-popular devices to get big first-year deductions are largely gone, too.

The charity will eventually get the money, and the donors get big deductions with an assurance of high income if they live a long time.

The cutbacks in benefits were the trade-offs for lower tax rates and bigger standard deductions.

For example, taxpayers could decide whether charitable contributions would give them the biggest deductions in 1990 or 1991.

Don't expect to get both a higher payout and a bigger deduction if interest rates rise, however.

In most cases, actual operating expenses will provide a bigger deduction than the mileage allowance.

He does not use tax shelters or take big deductions from investments, he said.

So, too, with their biggest deduction, home mortgage interest.