Maybe. If you itemize your deductions it will increase your deduction. When you enter all your information into TurboTax, it will calculate the best deduction for you to use - either the standard deduction or itemized deduction. You may benefit from itemizing your deductions on Schedule A if you: Do not qualify for the standard deduction, or the amount you can claim is limited, Had large out of pocket medical and dental expenses during the year, Paid interest and taxes on your home, Made large contributions to qualified charities, or Have total itemized deductions that are more than the standard deduction to which you otherwise are entitled.

Question

DOES MY PROPERTY TAX MAKE ANY DIFERENCE

Forum|Forum|6 years ago
February 6, 2020
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TurboTax Deluxe Online

CatinaT1

Maybe. If you itemize your deductions it will increase your deduction.

When you enter all your information into TurboTax, it will calculate the best deduction for you to use - either the standard deduction or itemized deduction.

You may benefit from itemizing your deductions on Schedule A if you:

Do not qualify for the standard deduction, or the amount you can claim is limited,
Had large out of pocket medical and dental expenses during the year,
Paid interest and taxes on your home,
Made large contributions to qualified charities, or
Have total itemized deductions that are more than the standard deduction to which you otherwise are entitled.

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