Can I Take Tax Deductions Without Itemizing?
Itemizing on your tax return is a great way to benefit from a host of tax breaks the IRS makes available to filers. But for itemizing to make sense for you, your total deductions will need to exceed the standard deduction you're entitled to claim.
The standard deduction changes from year to year. In 2021, it's
That said, there are some tax deductions you may be eligible to claim even if you don't itemize on your tax return. Here are several that may apply to you.
Source Fool.com
