Feel that you are eligible for more deductions than just the standard? You just might be!! If the total of these deductions are more than the standard it may be more beneficial for you to itemize! - 1) Medical & Dental Expenses (above 7.5 % of adjusted gross income) 2) Total of State & Local Taxes OR general sales tax; Real Estate Taxes; Personal Property Taxes (not to exceed $10K) 3) Home Mortgage Interest 4) Mortgage Insurance Premiums 5) Investment Interest 6) Charitable Contributions - Need help deciding? Contact us to see how you should file!!
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