01-16-2025, 08:33 PM
I usually look at itemizing as an option; it used to be worth it to spend the time until the tax changes in 2018 when we getting a modestly higher Standard Deduction and lost the ability to deduct more than 10K from SALT / Property taxes; after that time I started wishing we'd bought a much larger house in a lower tax area as jumbo $500k+ mortgages could still deducted... anyway after that change itemizing schedule A always took more time and cost a couple grand more, so why do it?