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Itemized deductions

Itemized deductions that taxpayers may claim can include:

State and local income or sales taxes.

Real estate and personal property taxes.

Home mortgage interest.

Personal casualty and theft losses from a federally declared disaster.

Gifts to a qualified charity.

Unreimbursed medical and dental expenses that exceed 7.5% of adjusted gross income.

Some itemized deductions, such as the deduction for taxes, may be limited. Taxpayers should review the instructions for Schedule A Form 1040 for more information on limitations.

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