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Many taxpayers are not itemizing their deductions this year because of the increased standard deduction.
If your state/local taxes(capped at $10k), mortgage interest, charitable deductions, etc do not exceed $24k if married filing jointly, then the program will choose the standard deduction for you. See more below.
Many taxpayers are not itemizing their deductions this year because of the increased standard deduction.
If your state/local taxes(capped at $10k), mortgage interest, charitable deductions, etc do not exceed $24k if married filing jointly, then the program will choose the standard deduction for you. See more below.
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