Page 13

You may be able to take a credit for your educational ex- penses instead of a deduction. See Form 8863 for details. Line 22 Tax Preparation Fees Enter the fees you paid for preparation of your tax return, including fees paid for filing your return electronically. If you paid your tax by credit or debit card, include the convenience fee you were charged on line 23 instead of this line. Line 23 Other Expenses Enter the total amount you paid to pro- duce or collect taxable income and man- age or protect property held for earning income. But do not include any personal expenses. List the type and amount of each expense on the dotted lines next to line 23. If you need more space, attach a statement to your paper return showing the type and amount of each expense. Enter one total on line 23. Examples of expenses to include on line 23 are: Certain legal and accounting fees. Clerical help and office rent. Custodial (for example, trust ac- count) fees. Your share of the investment ex- penses of a regulated investment compa- ny. Certain losses on nonfederally in- sured deposits in an insolvent or bank- TIP rupt financial institution. For details, in- cluding limits that apply, see Pub. 529. Casualty and theft losses of proper- ty used in performing services as an em- ployee from Form 4684, lines 32 and 38b, or Form 4797, line 18a. Deduction for repayment of amounts under a claim of right if $3,000 or less. Convenience fee charged by the card processor for paying your income tax (including estimated tax payments) by credit or debit card. The deduction is claimed for the year in which the fee was charged to your card. Other Miscellaneous Deductions Line 28 Only the expenses listed next can be de- ducted on this line. List the type and amount of each expense on the dotted lines next to line 28. If you need more space, attach a statement showing the type and amount of each expense. Enter one total on line 28. Gambling losses (gambling losses include, but are not limited to, the cost of non-winning bingo, lottery, and raffle tickets), but only to the extent of gam- bling winnings reported on Form 1040, line 21. Casualty and theft losses of in- come-producing property from Form 4684, lines 32 and 38b, or Form 4797, line 18a. Loss from other activities from Schedule K-1 (Form 1065-B), box 2. Federal estate tax on income in re- spect of a decedent. A deduction for amortizable bond premium (for example, a deduction for amortizable bond premium on bonds ac- quired before October 23, 1986). Deduction for repayment of amounts under a claim of right if over $3,000. See Pub. 525 for details. Certain unrecovered investment in a pension. Impairment-related work expenses of a disabled person. For more details, see Pub. 529. Total Itemized Deductions Line 29 Use the Itemized Deductions Work- sheet, later, to figure the amount to enter on line 29 if the amount on Form 1040, line 38, is over $300,000 if married fil- ing jointly or qualifying widow(er); $275,000 if head of household; $250,000 if single; or $150,000 if mar- ried filing separately. Line 30 If you elect to itemize for state tax or other purposes even though your itemiz- ed deductions are less than your stand- ard deduction, check the box on line 30. A-12