The Fine Print
Promotional value expires 180 days after purchase. Amount paid never expires. Appointment required, same day appointments accepted. Limit 1 per person, may buy 1 additional as a gift. Valid only within 60 miles of zip code 77057. Valid for one month of service, can continue for additional months at the same rate. Merchant is solely responsible to purchasers for the care and quality of the advertised goods and services.
About Income-Tax Deductions: Spend and Save
Your tax preparer will be sure to apply any deductions that are applicable to you to get the highest refund. Check out Groupon’s glossary of some of the tax code’s more cryptic terms.
Standard Deduction: A basic amount of income not subject to tax. The exact deduction varies based on filing status—for instance, both a married couple filing jointly and a qualified surviving spouse receive about double the standard deduction compared to that of a single filer—as well as factors such as age, disability, and dependent status.
Schedule A: The section of Form 1040 on which you list itemized deductions. A surprising number of things are eligible for deduction, from business lunches to gambling losses. But many people will never need to research these obscure corners of the tax code—about two thirds of Americans claim the standard deduction instead, avoiding the need to file a complicated return and build a whole cellar just to store receipts.