I need help deciding on whether change my amended tax return to standard or itemized. Will this affect how much I owe next year?
I amended my tax return to include itemized deductions. Do I have to amend federal and state returns to include property interest payments? If I choose the itemized tax return, will I have to pay more next year?
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1 Replies
AmyC
Expert Alumni
Apr 12, 2024 10:29:30 AM
You are not required to amend your tax return to include mortgage interest and property tax. Each year you choose itemized or standard based on what is best for that year. It does not mean you will have to pay more the next year.