Itemized Deduction Worksheet

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An itemized deduction is an expense you can deduct from your adjusted gross income AGI to reduce your taxes Learn more about this deduction and how it works . .

They are below the line deductions or deductions from adjusted gross income AGI They are computed on the Internal Revenue Service s Schedule A and then the total is carried over to your If you itemize, you can deduct a part of your medical and dental expenses, and amounts you paid for certain taxes, interest, contributions, and other expenses. You can also deduct certain casualty and theft losses.

Itemized Deduction WorksheetF-6 Schedule A - Itemized Deductions (continued) To enter multiple expenses of a single type, click on the small calculator icon beside the line. Enter the first description, the amount, and Continue. Enter the information for the next item. They will be totaled on the input line and carried to Schedule A. SCHEDULE A Form 1040 Department of the Treasury Internal Revenue Service Itemized Deductions Go to www irs gov ScheduleA for instructions and the latest information