There are, however, a few ways you can trim your tax bill.

There are, however, a few ways you can trim your tax bill. If you're single, childless and a renter, you're probably ineligible for most credits and deductions. And unlike your parents, you probably don't need to pay an accountant to do your taxes. There are, however, a few deductions you may be able to claim even if you take the standard deduction.