Tax Deduction Tips & Advice : How to Determine if You Can Itemize Tax Deductions

Itemizing tax deductions requires that deductions, such as medical expenses and property taxes, add up to more than the standard deduction amount. Determine whether tax deductions can be itemized in this free video on personal finance from an experienced accountant.

Expert: Kristen Brand
Contact: www.accell-us.com
Bio: Kristen Brand has over eight years of accounting experience. She is a CPA in Florida and is a practitioner in Florida's Certified Audit Program for sales and use tax.
Filmmaker: Christopher Rokosz

Category:

Howto & Style

Tags:

• taxes
• personal finance
• finance
• business
• money
• federal taxes
• government
• IRS
• internal revenue service
• income tax

[WermGut]

@camtvweb10 I realize your post is over a year old, but in case you are still awaiting an answer, this should help. You would take the standard deduction, unless your expense receipts add up to more than the standard deduction for your particular filing status, if they do, then you would want to file itemized or long. Now, being a homeowner is not the question, but if you were making house payments & paid state & local real estate taxes, you file shedule L... It lets you deduct those taxes.

[gkisystems]

thanks

[seashells05]

Very good