Here are the most commonly used physician tax breaks:
1. Contributing to charity: 70 percent
2. Contributing to pre-tax 401(k) account: 60 percent
3. Deducting interest on a home mortgage: 52 percent
4. Writing off eligible business expenses: 46 percent
5. Contributing to a 529 college savings plan: 27 percent
6. Selling investments at a loss: 22 percent
7. Contributing to a backdoor Roth IRA account: 20 percent
8. Owning rental properties: 17 percent
9. Contributing to a cash balance pension plan: 11 percent