Use your latest return to estimate your 2018 itemized deductions, including medical and dental expenses, paid taxes (up to $ 5,000 for single filers and $ 10,000 for married filers for applicable state and local income taxes, property taxes, or sales taxes), gifts to charity, and other itemized deductions. (wisebread.com)
Single, head of household, or qualifying widower filers with AGIs between $ 65,000 and $ 80,000 or married filers with AGIs between $ 130,000 and $ 160,000 can deduct up to $ 2,000 of expenses. (taxpolicycenter.org)
In higher tax brackets, the earned income credit won't apply, anyway, but some of those other deductions could be highly beneficial for joint married filers as deductions play a role in reducing your overall annual earnings, also known as your adjusted gross income, or AGI. (mybanktracker.com)