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2. Should you itemize or take a standard deduction on your tax ...

   www.aol.com/news/itemize-standard-deduction-tax...

   According to tax pros, itemizing generally only makes sense if your itemized deductions, taken together, add up to more than the current standard deduction of $13,850 for a single filer and ...

3. What Are Itemized Deductions and How Do They Work? - AOL

   www.aol.com/itemized-deductions-010031837.html

   Itemized Deductions vs. Standard Deductions. Taxpayers can use the standard deduction or take itemized deductions on their tax returns, but they can’t do both. The standard deduction is a set ...

4. What Is the Standard Deduction Amount for 2022-2023 and ... - AOL

   www.aol.com/finance/difference-between-standard...

   When you file your federal income tax return, you have two choices: take the standard deduction or itemize your deductions. Check Out: 8 IRS Secrets To Know for the 2023 Tax Filing SeasonMore: 3 ...

5. Itemized deduction - Wikipedia

   en.wikipedia.org/wiki/Itemized_deduction

   Under United States tax law, itemized deductions are eligible expenses that individual taxpayers can claim on federal income tax returns and which decrease their taxable income, and are claimable in place of a standard deduction, if available. Most taxpayers are allowed a choice between itemized deductions and the standard deduction.

6. What Is a Tax Deduction and How Do Tax Deductions Work? - AOL

   www.aol.com/tax-deduction-tax-deductions...

   The federal government also grants a blanket standard deduction that is available to nearly all taxpayers, even if they don’t incur specific expenses that would qualify as itemized deductions.

7. The Pros and Cons of Standard vs. Itemized Tax Deductions - AOL

   www.aol.com/news/pros-cons-standard-vs-itemized...

   While the standard deduction is the government's built-in subtraction that you can take while preparing your taxes, itemizing is composed of individual deductions that, together, can help lower ...