Do you have any self-employment tax? Self-employment tax is not affected by the standard or itemized deductions.
If you look at your 1040, if line 22 is zero, you can't reduce your tax due with more deductions.
Certain taxes are added after your income tax liability is calculated, including:
- Self-employment tax.
- Social security and Medicare tax on unreported tip income.
- Uncollected social security and Medicare tax on wages.
- Additional social security and Medicare tax.
- Additional tax on IRAs or other tax-favored accounts.
- Household employment taxes.
- Repayment of first-time homebuyer credit.
- Additional Medicare Tax.
- Net investment income tax.
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