Don't Miss These Top 3 Overlooked Tax Write-Offs

It's nearly that time of year again -- you'll gather your receipts and W2s and cross your fingers that you have a small windfall. That's right, tax season is around the corner. Filing taxes can be stressful, but if you maximize your deductions April 17th could turn out to be a day worth celebrating. Here are a few potential tax deductions that you might consider and could save you big for the 2017 tax filing season. Saving a little bit here and there adds up to a lot.

1. Job Hunting Costs

If you were laid off or fired over the last taxable year, you may be bummed out about the lack of deductible business expenses available to you. Did you know that job hunting costs can also be deducted? Many people don't. As long as you recently lost your job and are seeking employment within the same industry, you can deduct everything from resume costs to travel expenses in service of finding work. This tax deduction is also applicable to fees paid to a job placement agency. Keep in mind this particular deduction can't be taken if you're looking for a job for the first time.

2. Moving Expenses

Did you move to a different city to accept a new job this year? Good news! Even if it's your first job after high school or college, you can deduct some of your moving expenses on your taxes. If you have moved more than 50 miles from your former home for your new position, the IRS says you can deduct 23 cents per mile for moving your belongings. If you paid any highway tolls or parking fees along the way, those are deductible, too.

3. Tuition Expenses

Many older students assume their chances to deduct tuition ended at a certain age. Untrue! Thanks to the Lifetime Learning Credit, you can deduct up to $2,000 in tuition and fees at most universities. Just keep in mind that you can't use this deduction if you are already applying the American Opportunity Tax Credit to your tax return.