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Tax expert reveals top overlooked tax incentives

Posted at 2:09 PM, Feb 20, 2016

IRS statistics show at least 1 million taxpayers miss out on larger refunds each year and about $1 billion in deductions and credits are unclaimed.

The main reason is because many taxpayers are unfamiliar with the available tax incentives.

Tax professionals such as Barbara Franklin with Jackson Hewitt Tax Service are available to help you get the most money back from the government.

Franklin says many times it comes down to people simply not knowing what incentives they can take advantage of

ABC Action News's Lindsay Logue sat down with Franklin for an interview Saturday morning. In the interview, Franklin highlighted the top five commonly overlooked tax incentives.

Watch Lindsay Logue's interview with Franklin to find out what they are.