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Can I itemize deductions if I file as a single and have mortgage deduction interest of $6,767, home property tax of $5,873, and sales tax on vehicles of $9,669?

 
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MinhT
Expert Alumni

Can I itemize deductions if I file as a single and have mortgage deduction interest of $6,767, home property tax of $5,873, and sales tax on vehicles of $9,669?

Yes, from the information provided, the sum of your itemized deductions (even if the SALT deduction is limited to $10.000) is greater than the Single standard deduction of $12,000 and you should itemize to get a larger tax break.

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2 Replies
MinhT
Expert Alumni

Can I itemize deductions if I file as a single and have mortgage deduction interest of $6,767, home property tax of $5,873, and sales tax on vehicles of $9,669?

Yes, from the information provided, the sum of your itemized deductions (even if the SALT deduction is limited to $10.000) is greater than the Single standard deduction of $12,000 and you should itemize to get a larger tax break.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Can I itemize deductions if I file as a single and have mortgage deduction interest of $6,767, home property tax of $5,873, and sales tax on vehicles of $9,669?

Your total itemized deduction would be $16,767 because of the $10,000 cap on state and local taxes.  

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