TCJA is to be applies to taxable year 2018 to 2025.
Itemized Deduction (Schedule A)
Itemized deductions are expenses pay by the taxpayer during the taxable year. Include the following:
TCJA is to be applies to taxable year 2018 to 2025
Itemized Deduction (Schedule A)
Itemized deductions are expenses pay by the taxpayer during the taxable year. Include the following:
* Medical and dental expenses
* Taxes paid
* Interest paid
* Gifts to charity
* Applicable disaster, casualty and theft losses
* Other miscellaneous deductions
In general if the taxpayer’s itemized deductions are greater than the standard deduction, the taxpayer should choose to itemize
Today will be talking of the medical and dental expenses
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