Consider unemployment, health care before filing taxes - Spokane, North Idaho News & Weather KHQ.com

Consider unemployment, health care before filing taxes

SPOKANE, Wash. - Now that you've sprung forward it's time to look back at 2009 and if you haven't already filed those tax returns, experts say in most cases, the sooner the better.

Not much has changed for the tax code in 2009, but your own financial picture may have which could make you eligible for credits and deductions that you weren't eligible for in the past.

Start with losses - whether in the market or on a home - they may offset earnings.

If you've lost a job, the hunt for new employment could be a new write-off.

Among the things that might be deductible if you've been in the process of a job search would be any out of town travel, any phone calls that you've made, or perhaps if you've met with a career counselor.  

At a time when Americans are paying more for health care, do a thorough examination of your medical costs as they might just give you a healthy return.

And any energy efficient improvements to your home in 2009 could mean green in your wallet too.

The home energy tax credit may include things like new windows, new doors, certain types of insulation, or new heating or air conditioning units.

Experts say now is the time to take a closer look and gather documentation.

Avoiding the last minute rush also means getting your refund a lot quicker.

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