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mrshat
New Member

The standard deduction refunds all taxes we paid. is there any reason to continue itemizing? if not must i clear and start over?

 
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The standard deduction refunds all taxes we paid. is there any reason to continue itemizing? if not must i clear and start over?

There is no need to itemize if your standard deduction refunds all taxes you paid.

Turbo Tax will take the higher of the standard or itemized deductions, but if your standard deduction is high enough to make your taxable income zero, there's no need to itemize.

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The standard deduction refunds all taxes we paid. is there any reason to continue itemizing? if not must i clear and start over?

There is no need to itemize if your standard deduction refunds all taxes you paid.

Turbo Tax will take the higher of the standard or itemized deductions, but if your standard deduction is high enough to make your taxable income zero, there's no need to itemize.

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