Itemized deductions

Itemized deductions

150 150 speakeasy

Question: Should I itemize my deductions? Answer: If you have enough personal expenses, you may save income taxes if you itemize your deductions. Compare your itemized deductions with the standard deduction for your filing status, and use the larger of the two. Itemized deductions include the following: 1) Medical expenses – only to the extent…

read more