Itemized Deductions

This book will assist you in determining if a taxpayer should itemize deductions. Generally, taxpayers should itemize if their total allowable deductions are higher than the standard deduction amount. 

At the end of this lesson, using your resource materials, you will be able to:

• Determine if a taxpayer should itemize deductions

• Determine the type of expenses that qualify as itemized deductions

• Accurately report itemized deductions on Schedule A, Itemized Deductions

• Explain the recordkeeping requirements for claiming charitable contributions