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Should I itemize if I made $45000, single, no dependants, had $6000 taken out in taxes, plus received a $3000 Xmas bonus (after taxes) spent $2000 on work related tools?


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Should I itemize if I made $45000, single, no dependants, had $6000 taken out in taxes, plus received a $3000 Xmas bonus (after taxes) spent $2000 on work related tools?
If $2,000 is the only itemized deduction you have, then no, don't itemize. If you are filing single, you have to have more than your standard deduction of $6,350. However, feel free to enter this and any other itemized deductions you may have, and TurboTax will choose either the Standard Deduction or Itemized Deductions, whichever gives you a bigger refund or less of an amount you owe.
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Should I itemize if I made $45000, single, no dependants, had $6000 taken out in taxes, plus received a $3000 Xmas bonus (after taxes) spent $2000 on work related tools?
If $2,000 is the only itemized deduction you have, then no, don't itemize. If you are filing single, you have to have more than your standard deduction of $6,350. However, feel free to enter this and any other itemized deductions you may have, and TurboTax will choose either the Standard Deduction or Itemized Deductions, whichever gives you a bigger refund or less of an amount you owe.
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