To Itemize, or Not to Itemize. . .That is the Question

Carrie Resh, Spokesperson for the IRS, said that one of the biggest questions for tax-payers is whether or not to itemize. Qualifying expenses include medical, mortgage interest, local and state taxes, charitable contributions, and casualty losses. It breaks down to whether or not your itemized expenses exceed your standard deduction. She said for more information, go to www.irs.gov