Will you have enough itemized deductions reported on Schedule A in 2017, with or without the additional property tax payment, to provide a tax benefit? The total itemized deductions reported on Schedule A must be greater than standard deduction for your filing status -
Standard deductions for 2017
Single - $6,350 add $1,550 if age 65 or older
Married Filing Separately - $6,350 add $1,250 if age 65 or older
Married Filing Jointly - $12,700 add $1,250 for each spouse age 65 or older
Head of Household - $9,350 add $1,550 if age 65 or older
