- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
The deduction happens when it is paid. If you paid it in 2017, it goes on your 2017 tax return.
You can amend your 2017 tax return to claim it. However, if the Standard Deduction is higher, you will OWE money by Itemizing and claiming the deduction. So even though you claimed the Standard Deduction, you essentially have 'used' it in 2017.
You can amend your 2017 tax return to claim it. However, if the Standard Deduction is higher, you will OWE money by Itemizing and claiming the deduction. So even though you claimed the Standard Deduction, you essentially have 'used' it in 2017.
‎June 5, 2019
5:03 PM