12 ways to cut your taxes

There were 59 federal disasters declared in 2009, everything from ice jams in Alaska to flooding in Florida. If your house was damaged in one of them and your homeowners insurance didn't pick up the full bill, you have money coming back to you -- and you don't need to itemize to get it. For 2009, there is no limit on what you can claim (typically you can deduct only losses greater than 10% of AGI). And you can also retroactively apply any losses you can't use to 2008 taxes. File amended returns to get your money quickly. One hitch: You must subtract $500 from the loss before writing it off.

Potential savings: $6,860 if you took a $25,000 hit

NEXT: 8. You made energy-efficient home improvements