KrisD15
Expert Alumni

Deductions & credits

Yes, but before you go through all that work, will it matter? 

Will you have enough to Itemized and will that amount be more than the Standard Deduction? You can only claim one or the other. 

 

Standard Deduction for 2021 is 

Single    12,550

Married Filing Joint    25,100

Head of Household   18,800

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