If you itemize your deductions this year, are you able to use standard deduction next year?
I heard that once you itemize your deductions. You are not able to use standard deduction again.
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1 Best answer
macuser_22
Level 15
Jun 4, 2019 10:31:28 PM
You heard wrong. You can go back an forth as you please. Many people do just that and double up deductible payments ever other year to maximize deductions for itemizing.
1 Replies
macuser_22
Level 15
Jun 4, 2019 10:31:28 PM
You heard wrong. You can go back an forth as you please. Many people do just that and double up deductible payments ever other year to maximize deductions for itemizing.