What is Schedule A?
The information in this article pertains to tax year 2017. Find out how tax reform legislation changes the 2018 deductions at How will tax reform affect my 2018 federal tax return?
The IRS lets you take either the standard deduction or the itemized deduction. If you itemize (about 1/3 of all taxpayers do), we'll automatically fill out Schedule A, Itemized Deductions and switch you over to the 1040 long form.
Schedule A lets you report certain deductible expenses like:
- Medical and dental costs above and beyond 7.5% of your AGI
- State, local, real estate, and personal property taxes
- Home mortgage interest
- Charitable donations and gifts
- Damaged or stolen property (due to disasters, theft, and other causes)
- Unreimbursed employee expenses above and beyond 2% of your AGI
After you finish going through the Deductions & Credits section, we'll recommend whichever deduction – standard or itemized – gives you the biggest tax break. But you can always override our recommendation if you wish.
Schedule A is supported in the TurboTax CD/Download software (Basic through Home & Business) and in the Deluxe, Premier, Self-Employed and TurboTax Live versions of TurboTax Online and the mobile app.