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Deductions & credits
Yes, it is a valid deduction for your federal return. However, only the amount over 2% of your Adjusted Gross Income will be taken as a deduction. Also, it goes on Schedule A Itemized Deductions. If they are high enough and you itemize deductions on Schedule A, it might benefit you.
How does the itemized deduction differ from the standard deduction?
https://ttlc.intuit.com/replies/3302313
What's my standard deduction?
https://ttlc.intuit.com/replies/4208574
‎June 3, 2019
11:28 AM