- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
If I know I'm not going to surpass the standard deduction this year, can I skip filling in medical expenses and charitable contributions altogether?
Until the past couple of years, for as long as I can remember, I have itemized our deductions. When the standard deduction was doubled, we have come close but not surpassed it. If I determine by educated guess that we will get only the standard deduction this year, do I still need to fill in anything under charitable donations or medical expenses, other than HSA distributions? What do I do about the place where it asks if specific agencies still apply to charitable donations? We did donate to most of them again this year (and possibly a couple of new ones), but I honestly don't feel like doing the math on all of them, especially the in-kind donations, when I don't think it's going to affect my refund. Do I mark them as none applying, and if so, does that mean when the tax laws change again, I'll have to fill in agency information on every single place we've donated again? There are usually 15 or 20, and I'd rather not lose that information from the system.
Topics:
‎December 31, 2020
12:28 PM