Filing taxes?

1 ⤊

Can you claim the standard deduction and itemize?

2007-12-14 04:16:16 · 4 answers · asked by Notagain 6 in Business & Finance ➔ Taxes ➔ United States

No. If your Itemized Deductions are less than the Standard Deduction, use the Standard Deduction.

2007-12-14 05:18:19 · answer #1 · answered by D G 3 · 0⤊ 0⤋

No.....I'm an accountant....You can either itemize your deductions OR take the standard deduction, but not both.

2007-12-14 12:19:43 · answer #2 · answered by jim 6 · 1⤊ 0⤋

No - its one or the other.

2007-12-14 12:40:01 · answer #3 · answered by npk 7 · 0⤊ 0⤋

Nope....one or the other.

2007-12-14 12:22:10 · answer #4 · answered by Wayne Z 7 · 0⤊ 0⤋