
Anonymous
Not applicable
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
estimate which is better - standard or itemized deduction?
To choose whether to itemize deductions, or take the standard, can TT suggest a simplified calculation one might use to get a feel for which direction is most likely to be best?
If TT could give some guidance to make an initial choice, by for example, giving a list of those major categories that have been typical of mid-range of filers. Even if the process is grouped by state, based on which items that state taxes. The exercise would only need to get within ± 50% of the likely result for the user to be able to make an informed decision.
What's the worst that could happen? To learn you really should take the full test Q&A... which is the only choice now.
April 11, 2023
3:42 AM