Itemized deductions: Itemized deductions are specific IRS-approved deductions that taxpayers can subtract from their AGI to decrease their taxable money. Popular samples of itemized deductions incorporate experienced charitable contributions, the SALT deduction for property taxes, profits tax or point out and native tax, along with the home loan curiosity deduction. https://finnmwbg06395.wikipowell.com/5464662/navigating_hmrc_tax_refunds_your_comprehensive_guide_to_self_assessment_and_tax_rebates