Deductions & credits

Huh?  There is no minimum.  There is a 10,000 Max but that is only to deduct state and property taxes.

 

Do you think you will have enough to itemize this year?  Starting in 2018 the Standard Deduction doubled so many people switched to the Standard Deduction.  And there is a max 10,000 limit (5,000 MFS) of property tax and state taxes "SALT".

 

For 2019 the standard deduction amounts are:

Single 12,200 + 1,650 for 65 and over or blind

HOH 18,350 + 1,650for 65 and over or blind

Joint 24,400+ 1,300 for each 65 and over or blind

Married filing Separate 12,200 + 1,300 for 65 and over or blind