Deductible expenses include home mortgage interest, state and local income taxes or sales taxes (but not both), real estate and personal property taxes, gifts to charity, casualty or theft losses, unreimbursed medical expenses, and
unreimbursed employee business expenses.
Itemized deductions can include medical expenses, home mortgage loan interest, real estate taxes, charitable donations,
unreimbursed employee business expenses, uninsured casualty or theft losses, and more.
Taxpayers must use the «
Unreimbursed Employee Business Expenses» IRS form to deduct their business expenses.
Other reasons to itemize include business expenses, first - time homeowners, casualties, disasters, thefts, tax benefits for education, employee business expenses, and
unreimbursed employee business expenses.
This includes expenses such as union dues, tax preparation fees, safe deposit box rental, and
unreimbursed employee business expenses.
Taxpayers are likely to itemize their deductions if they have expenses like charitable giving, mortgage interest, real and personal property tax,
unreimbursed employee business expenses and other common itemized deductions in their completed tax return.
Miscellaneous itemized deductions — Deductions subject to the 2 % AGI threshold, including tax - preparation expenses and
unreimbursed employee business expenses, are no longer deductible.
Use Schedule A (Form 1040) to figure itemized deductions, which include a part of medical and dental expenses and
unreimbursed employee business expenses, and amounts paid for certain taxes, interest, contributions, certain casualty and theft losses, and miscellaneous expenses.