Potential Deductions?

Forum|Forum|4 years ago
January 26, 2022
1 reply
3 views

Purchased new home April 2021. Single, no dependents. Only have $11.2k in mortgage interest and insurance paid. I also rented entire home out on Airbnb at end of 2021, but only for about 7 days. Any other ways I can get above the std deduction to make itemizing worthwhile?

Cynthiad66

Level 14

Other deductions that you can use to itemize your deductions on Schedule Itemized deductions include amounts you paid for state and local income or sales taxes, real estate taxes, personal property taxes, mortgage interest, and disaster losses. You may also include gifts to charity and part of the amount you paid for medical and dental expenses.

Use the link below for additional information on itemized deductions.

Itemized Deductions Pub 502

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