Itemizing deductions for the first time

Forum|Forum|2 years ago
October 25, 2023
1 reply
8 views

I’m anticipating 2023 will be the first I itemize due to now having child daycare costs, mortgage interest and SALT items that should nudge us above the married filing jointly standard deduction. Since I’ve never itemized before I want to ensure I capture all the categories that can be itemized. What are other common itemization categories for W2 employees besides the one listed above? Are things like home renovations and internet/cell phone costs able to be deducted if I work from home?

thanks!

Ask the Experts - Extension - Sept 2023

drc845443

Level 6

Child day care costs are not included in itemized deductions.

Besides mortgage interest and state & local taxes, you can also claim deductions for medical expenses, charitable donations, casualty losses, and various miscellaneous items. Please refer to the link below for a more comprehensive discussion:

Standard Deduction vs. Itemized Deductions: Which Is Better? - TurboTax Tax Tips & Videos (intuit.com)

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