 Income tax 2023-2024, itemized deductions, casualty and theft losses. Get ready and some coffee so we can do some tax interpretations with income tax preparation 2023-2024. Most of this information can be found in the instructions for Schedule A Tax Year 2023 which you can find on the IRS website at irs.gov irs.gov looking at the income tax formula. We're focused on what I would call the below the line deductions. Remember in the first half of the income tax formula is in essence a funny income statement. Most income statements having income minus expenses resulting in net income. Here having income minus various deductions resulting in taxable income. Remembering that deductions for taxes are good therefore we're typically looking for more of them.