https://ttlc.intuit.com/community/tax-credits-deductions/discussion/my-mortgage-insurance-premiums-and-taxes-and-interest-are-not-showing-up-in-my-deductions/01/412577#M52404 Tue, 04 Jun 2019 20:40:35 GMT orr-ashleye 2019-06-04T20:40:35Z https://ttlc.intuit.com/community/tax-credits-deductions/discussion/my-mortgage-insurance-premiums-and-taxes-and-interest-are-not-showing-up-in-my-deductions/01/412577#M52404 Tue, 04 Jun 2019 20:40:35 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/my-mortgage-insurance-premiums-and-taxes-and-interest-are-not-showing-up-in-my-deductions/01/412577#M52404 orr-ashleye 2019-06-04T20:40:35Z https://ttlc.intuit.com/community/tax-credits-deductions/discussion/until-the-sum-total-of-your-itemized-deductions-ie-medi/01/412587#M52408 <P> Until the sum total of your itemized deductions (ie. medical, mortgage interest, mortgage insurance,&nbsp;property taxes, charitable giving, ct) exceed your Standard Deduction, you will receive your Standard Deduction.</P><P> </P><P> <SPAN><B>Standard deductions for 2016</B>&nbsp;</SPAN> </P><P> </P><UL> <LI>Single - $6,300 add $1,550 if age 65 or older</LI> <LI>Married Filing Separately - $6,300 add $1,250 if age 65 or older</LI> <LI>Married Filing Jointly - $12,600 add $1,250 for each spouse age 65 or older</LI> <LI>Head of Household - $9,300 add $1,550 if age 65 or older</LI> </UL><P>Secondly, f you are subject to the <B>Alternative Minimum Tax </B>(AMT)- In calculating the AMT, <B>you cannot take itemized deductions for state and local income tax, real estate taxes </B>and personal property taxes, even though these are deductible on your regular return.<SPAN><BR /> <BR /> </SPAN></P><UL> </UL><P> </P><P> <BR /></P> Tue, 04 Jun 2019 20:40:36 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/until-the-sum-total-of-your-itemized-deductions-ie-medi/01/412587#M52408 Marketstar 2019-06-04T20:40:36Z