Sentences with phrase «standard itemizer»
Not exact matches
Losers: Charities, because some itemizers may take the standard deduction instead, student loan borrowers, filers with large medical expenses and more
https://www.cnbc.com/
Yes, the mortgage interest deduction would be preserved, but with the doubling of the standard deduction to $ 12,000 (for single tax filers) and $ 24,000 (for joint filers), many current itemizers taking the mortgage write - off are likely to opt for the standard deduction.