IRS Tax Tips March 10, 2010
Useful Links: Issue Number: IRS Tax Tip 2010-48
IRS.gov Home Inside This Issue
Help For Hurricane Victims
Standard or Itemized Deductions
Most taxpayers have a choice of either taking a standard deduction or itemizing their
deductions. If you have a choice, you can use the method that gives you the lowest
News Essentials tax.
What's Hot Whether to itemize deductions on your tax return depends on how much you spent on
certain expenses last year. Money paid for medical care, mortgage interest, taxes,
charitable contributions, casualty losses and miscellaneous deductions can reduce
News Releases your taxes. If the total amount spent on those categories is more than your standard
deduction, you can usually benefit by itemizing.
IRS - The Basics
The standard deduction amounts are based on your filing status and are subject to
IRS Guidance inflation adjustments each year. For 2009, they are:
Media Contacts $5,700 for Single
$11,400 for Married Filing Jointly
$8,350 for Head of Household
Facts & Figures
$5,700 for Married Filing Separately
$11,400 for Qualifying Widow(er)
Some taxpayers have different standard deductions The standard deduction
Around The Nation amount depends on your filing status, whether you are 65 or older or blind and
whether an exemption can be claimed for you by another taxpayer. If any of these
e-News Subscriptions apply, you must use the Standard Deduction Worksheet on the back of Form 1040EZ,
or in the 1040A or 1040 instructions. The standard deduction amount also depends on
whether you plan to claim the additional standard deduction for state and local real
estate taxes or state or local excise tax on a new vehicle, and whether you have a net
disaster loss from a federally declared disaster. You must file Schedule L, Standard
Deduction for Certain Filers to claim these additional amounts.
Topics Limited itemized deductions Your itemized deductions may be limited if your
adjusted gross income is more than $166,800 or $83,400 if you are married filing
Electronic IRS Press Kit separately. This limit applies to all itemized deductions except medical and dental
expenses, casualty and theft losses of personal use and income producing property,
gambling losses and investment interest expenses.
Tax Tips 2009
Married Filing Separately When a married couple files separate returns and one
Radio PSAs spouse itemizes deductions, the other spouse cannot claim the standard deduction
and should itemize their deductions.
Fact Sheets Some taxpayers are not eligible for the standard deduction They include
nonresident aliens, dual-status aliens and individuals who file returns for periods of
less than 12 months due to a change in accounting periods.
Forms to use The standard deduction can be taken on Forms 1040, 1040A or
Disaster Relief 1040EZ. If you qualify for the higher standard deduction for real estate taxes, new
motor vehicle taxes, or a net disaster loss, you must attach Schedule L. To itemize
Scams / Consumer Alerts your deductions, use Form 1040, U.S. Individual Income Tax Return, and Schedule A,
These forms and instructions may be downloaded from the IRS.gov Web site or
ordered by calling 800-TAX-FORM (800-829-3676).
Publication 17, Your Federal Income Tax (PDF 2.3MB)
Compliance & Enforcement Schedule A, Itemized Deductions (PDF)
Contact My Local Office Back to Top
Forms & Pubs Thank you for subscribing to IRS Tax Tips, an IRS e-mail service. For more
information on federal taxes please visit IRS.gov.
Frequently Asked Questions
This message was distributed automatically from the IRS Tax Tips mailing
list. Please Do Not Reply To This Message.
Where to File
Update your subscriptions, modify your password or e-mail address, or stop subscriptions at any time on
your Subscriber Preferences Page. You will need to use your e-mail address to log in. If you have questions
or problems with the subscription service, please contact firstname.lastname@example.org.
This service is provided to you at no charge by Internal Revenue Service (IRS).
Internal Revenue Service · 1111 Constitution Ave. N.W. · Washington DC 20535 · 800-439-1420