Now that I've experienced 2 years in a row JUST under the Standard Deduction (for my wife and I who are retired), I'm wonder if we can just bail out of keeping records for a potential deduction. Yes, we were just a few hundred dollars away from the threshold ($27,000 this year)… but, hey, maybe it's a wasted effort.
Could we skip medical deductions? Charitable Deductions? Other State and Local taxes?
We will always get close to the standard deductions because of high property taxes (over the $10K limit), smallish mortgage, modest charitable contributions, and average medical expenses for a retired couple.
OK, all that written: I am aware that I might have no choice because the State of Oregon will continue to allow these. Given that, would I continue to enter it all in the Federal return knowing it will move over to the State return?