Schedule A Itemizing Deductions
Takisha Locke
Tlocke020@students.ecsu.edu
Federal Taxation
Dr. Xiaoli Yuan
November 21, 2014

Table of Contents
Abstract……………………………………………………………………………………………..
Who files the schedule A with their return…………………………………………………………
Itemizing deductions………………………………………………………………………………..
Schedule A Detail…………………………………………………………………………………..
Allowable Deductions………………………………………………………………………………
Non allowable deductions…………………………………………………………………………..
Conclusion………………………………………………………………………………………….

Takisha Locke Dr. Xiaoli Yuan
Federal Taxation
October 25, 2014
An Understanding of Itemizing Deductions
Some taxpayers can become misunderstood on the meaning of itemizing deductions. Itemizing deductions are for those that can exceed their standard deduction, which is done by a couple of different ways. One way is by having certain deductions, such as, home mortgage interest, real estate taxes, and other tax deductions. Another way may be through force, because one spouse that may file married filling separate from the other spouse; may itemize deductions which will default the other spouse to itemize deductions rather if there are deductions to itemize or not. Nevertheless, taxpayers are miss informed on exactly what can be itemized or what cannot. Having a clear understanding of these, deductions will not only maximize the taxpayer’s taxable deductions, but will also minimize the notion of being audited. Understanding the tax return, as the taxpayer is vital because the taxpayer bares the responsibility of the tax return. Additionally, it is the best way to avoid penalties and interest. Itemizing deductions
Itemizing tax deductions are one of the best ways to lessen the tax liability. Lowering the tax liability will maximize tax savings; this is done by having certain write-offs allowable by the Internal Revenue Service (IRS). It