Deductions are expenses or donations that you can subtract from your income before it is taxed, resulting in lower taxable income. All kinds of things can be deducted, including mortgage interest, job-related expenses, and charitable donations. If you have lots of deductions, you may choose to list them individually (itemized deductions), or if you don’t have enough deductions to itemize, you may choose to take the easier path and just take the standard deductions. Either way, the following legal guides will tell you everything you need to know about deductions.