top of page
Search
  • amcfoundation8

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.




3 views0 comments

Recent Posts

See All
bottom of page