Articles about Schedule A

Standard Deduction vs. Itemizing: The IRS Math Behind Choosing the Right Path

Every American who files a tax return faces the same binary decision: take the flat standard deduction the IRS offers for your filing status, or add up your actual qualifying expenses on Schedule A and deduct those instead. You cannot do both. You pick the larger number. Run the math to determine which path saves you more money on your 2026 return.