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Wednesday, March 19, 2014. Standard Deduction vs Itemized Deductions 5 Tips to Help You Decide. When you file your tax return, you usually have a choice whether to itemize deductions or take the standard deduction. Before you choose, its a good idea to figure your deductions using both methods. Then choose the one that allows you to pay the lower amount of tax. The one that results in the higher deduction amount often gives you the most benefit. Here are tips to help you choose. Casualty or theft losses.CONTENT
This web page taxobserved.blogspot.com states the following, "Wednesday, March 19, 2014." We saw that the webpage said " Standard Deduction vs Itemized Deductions 5 Tips to Help You Decide." It also said " When you file your tax return, you usually have a choice whether to itemize deductions or take the standard deduction. Before you choose, its a good idea to figure your deductions using both methods. Then choose the one that allows you to pay the lower amount of tax. The one that results in the higher deduction amount often gives you the most benefit. Here are tips to help you choose."