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> You can't know if your itemized deductions will exceed the standard deduction Yes I could, because I had a rough reckon of what my deductions would have been
by GFK_of_xmaspast 11y ago
> You can't know if your itemized deductions will exceed the standard deduction
Yes I could, because I had a rough reckon of what my deductions would have been and knew I didn't have to bother.
- logfromblammo 11y agoThat required you to have prior knowledge of what you could have deducted. If you didn't have such knowledge, your ignorance might have caused you to pay a higher amount of tax than you otherwise needed to. This is why automated tax software asks so many questions about potential deductions.
- GFK_of_xmaspast 11y agoYou fill out a form a couple years in a row you start to notice things?