When entering Itemized Deductions, please keep in mind that there are two groups that are limited by your Adjusted Gross Income (AGI). These two groups are:Medical Expenses; only the amount over 10% of AGI (7.5% of age 65 or older) is considered deductible Miscellaneous Deductions; only the amount over 2% of AGI is considered deductibleCasualty and Theft Losses; generally deductible to the extent they exceed 10% of your adjusted gross income, are not reimbursable by insurance, and each event exceeds $500.It is possible that these limits are skewing the dollar amount you may have been expecting when totaling the amount of your Itemized Deductions. FYI Below is a PDF with a checklist of common Itemized Deductions.

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All itemized deductions not reported

Forum|Forum|6 years ago
June 7, 2019
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J

JaimeG

Employee

When entering Itemized Deductions, please keep in mind that there are two groups that are limited by your Adjusted Gross Income (AGI). These two groups are:

Medical Expenses; only the amount over 10% of AGI (7.5% of age 65 or older) is considered deductible
Miscellaneous Deductions; only the amount over 2% of AGI is considered deductible
Casualty and Theft Losses; generally deductible to the extent they exceed 10% of your adjusted gross income, are not reimbursable by insurance, and each event exceeds $500.

It is possible that these limits are skewing the dollar amount you may have been expecting when totaling the amount of your Itemized Deductions.

FYI Below is a PDF with a checklist of common Itemized Deductions.