Comment
March 5, 2022
9:37 AM
March 5, 2022
9:37 AM
Back then we had EZ and short forms but then got to itemize. I wish I would have known about all the little things that are allowable to itemize, and kept track throughout the year and not trying to recreate at tax season. By keeping records as you go, you can bring down your monthly totals. For instance right now I keep track of gas (keeping all receipts) as we have been able to take a credit if over a certain amount. Not much but it could be an extra $20 coming back. I've gotten used to now keeping that as well as medical costs in the unlikely event we have a major catastrophe and are able to itemize our medicals (had this happen in tax year 2015). Much better return than taking the standard.