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To Itemize or Not to Itemize: 4 Questions to Ask Yourself

To Itemize or Not to Itemize: 4 Questions to Ask Yourself - TaxACT

Have you ever itemized your tax deductions? In 2009, almost two-thirds of tax filers claimed the standard deduction, which for married couples filing jointly, was $11,400. Those who itemized in that category, however, averaged a whopping $32,000 in deductions. While you may not personally enjoy an increase that large, it’s worth investigating. To itemize your […]

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