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Deductions & credits
No. Deductions for 2019 are for items paid in 2019. The deductions for homeowners are usually mortgage interest paid, real estate taxes paid, and qualifying mortgage insurance premiums paid. Like in TY 2018 if these plus other potential itemized deductions (out-of-pocket medical, personal taxes, charitable contributions) don't exceed your standard deduction, then you would normally take the standard deduction.
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‎January 30, 2020
6:27 AM
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