Itemizing vs. Standard Deduction [税金]
When you file your tax return, you usually have a choice whether to itemize deductions or take the standard deduction.
Before you choose, it’s a good idea to figure your deductions using both methods.
Then choose the one that allows you to pay the lower amount of tax.
The one that results in the higher deduction amount often gives you the most benefit.
The IRS offers these tips to help you choose.
Before you choose, it’s a good idea to figure your deductions using both methods.
Then choose the one that allows you to pay the lower amount of tax.
The one that results in the higher deduction amount often gives you the most benefit.
The IRS offers these tips to help you choose.
