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Business & farm
A Federal Schedule A is only needed if your TOTAL itemized personal deductions are greater than your Standard Deduction for your filing status.
Standard deductions for 2019
- Single - $12,200 add $1,650 if age 65 or older
- Married Filing Separately - $12,200 add $1,300 if age 65 or older
- Married Filing Jointly - $24,400 add $1,300 for each spouse age 65 or older
- Head of Household - $18,350 add $1,650 if age 65 or older
Why do you think you need a Schedule A?
‎September 23, 2020
8:22 AM
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