Deductions & credits

The fact that you are mentioning "we" seems to indicate you are filing as married filing jointly.  If so, and you have no other itemized deductions (most likely mortgage interest), you would be just at the threshold for which itemizing would pay off (unless you already have paid real estate taxes for 2017, and you are looking to double up).  Without further information, this looks like it might be worthwhile to you, since the standard deduction next year for an MFJ return will be $24,000, up from $12,700 in 2017).

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