5 Min Standard Deduction Vs. Itemized Deductions
Tax Filing 101
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4m 59s
Learn about types of tax deductions and how they can impact your tax returns.
☑ Tax Deduction Fundamentals
☑ Improved Tax Filing
☑ Tax System Awareness
✎ Learn The Facts: Some common situations in which itemizing can be more beneficial include: if you have experienced both significant gambling losses and winnings within the year, you have itemized deductions totaling more than the standard deduction you would receive, or you have reached significant out-of-pocket unreimbursed medical and dental expenses within the year.
*The program is intended for general information purposes only. It is not intended to be relied upon and is not a substitute for professional financial advice based on your individual conditions and circumstances. Your use of Caravan services is subject to additional terms and conditions.
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