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I finished my taxes and I had 30,000 worth itemized ductions and its still saying take the standard ductions because with both my refund is the same

 
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2 Replies
AmyC
Employee Tax Expert

I finished my taxes and I had 30,000 worth itemized ductions and its still saying take the standard ductions because with both my refund is the same

Some deductions have limitations, like medical over 7.5% of your income, casualty & theft over 10%, so perhaps your schedule A is less than or equal to standard after subtracting the required basis. Also, if you are subject to AMT, your sch A can be limited. Here's a TurboTax article about AMT. Please review your schedule A line 17 for the allowed amount. See About Schedule A (Form 1040), Itemized Deductions - Internal Revenue Service

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I finished my taxes and I had 30,000 worth itemized ductions and its still saying take the standard ductions because with both my refund is the same

Thank you 

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