You have a choice between taking the standard deduction or claiming itemized deductions each year when filling out your federal income tax return. And, of course, you always want to pick whichever one helps you the most. For about 90% of all taxpayers, claiming the standard deduction is the way to go. But you can’t know for sure which route is better for you unless you know how much your standard deduction is the year.
Original article: https://www.kiplinger.com/taxes/tax-deductions/602223/standard-deduction
