Standard and Itemized Deductions
Throughout this tax material, we discussed a wide range of deductible expenses, in the context of the type of income to which they pertain.
For example, earlier sections have dealt extensively with deductible employee business expenses and moving expenses; deductions related to rental real estate, to the home mortgage interest, and real estate taxes; and deductions related to investment income.
In this section, we're going to wrap up our discussion of tax deductions by:
|