I think I figured this out....I have a "Net Qualified Disaster Loss," and without that loss, my itemized deductions were below the Standard Deduction. It seems ...
Yes....Married filing jointly....Total itemized deductions on Schedule A (line 17) is $38,316. Line 12 on Form 1040 is showing $41,700.Interestingly, when I fin...
Thank you for the input. The IRS doesn't allow a deduction for the loss of value due to the disaster, but rather only a deduction for the damage to the home, an...
