Hello Mary,
Thank you for participating in our Ask the Expert event today. Congratulations on the new home!
While buying a new home certainly could be a reason to itemize, it all depends on how much you pay in mortgage interest, property taxes and other itemizable deductions. This article is an excellent resource to help you figure that out.
As for your withholding, here is a calculator that will help you estimate what your taxes might be so you can figure out whether to increase your withholding or not.
Good luck.
