3 ms·
Right, many people do put down their home interest, real estate taxes, medical expenses, sales tax on a new car, etc...but even then, most peoples' itemized exp
by Cshelton 12y ago
Right, many people do put down their home interest, real estate taxes, medical expenses, sales tax on a new car, etc...but even then, most peoples' itemized expenses fall below the standard deduction, especially for married filling joint.
So yes, a large percentage of people are just getting the standard deduction.
- smackfu 12y agoGenerally around 30-35% of taxpayers itemize. So a minority, but not an insignificant one.