If you want to apply a small tweak to the document, it must not require much time to Itemize phone form. This kind of simple action does not have to demand extra education or running through manuals to understand it. With the appropriate document editing tool, you will not take more time than is needed for such a swift edit. Use DocHub to streamline your editing process whether you are a skilled user or if it is your first time making use of a web-based editor service. This tool will require minutes or so to learn how to Itemize phone form. The sole thing needed to get more effective with editing is actually a DocHub account.
A plain document editor like DocHub can help you optimize the amount of time you need to dedicate to document editing regardless of your prior knowledge of such instruments. Make an account now and enhance your efficiency immediately with DocHub!
hello my name is Kitty sonorus with sonorous Wealth Management and in this video were going to talk about the difference between standard and itemized deductions and when to use one or the other lets get going [Music] first of all what is the standard deduction standard deduction its basically a flat amount you can deduct on your taxes and the amount is based on your filing status because of the tax reform the amount of standard deduction is actually almost doubled if you see right here and the chart 2017 standard deduction for a single filer was sixty three hundred fifty dollars for 2019 tax year its twelve thousand two hundred dollars for head of household eighteen thousand three fifty twenty four thousand four hundred for married filing jointly twelve thousand two hundred the same as for single for married filing separately and twenty four thousand four hundred for qualifying widower or widower you can use standard deduction in one year and you can itemize in another year it do