Technical topics regarding tax preparation.
22-Sep-2021 2:28pm
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Is anyone aware whether the IRS would correct a return that took itemized deductions even though it's lower than the standard deduction? If a state follows the federal choice, it's sometimes better to itemize even when it increases federal tax. But I recall the IRS saying, with regard to earned income credits, that all legitimate deductions must be claimed.
22-Sep-2021 3:05pm
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There's a box to check to say you are choosing to itemize. I've never seen IRS "correct" this.
22-Sep-2021 3:21pm
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- WV
Thanks sjrcpa. Never before noticed the checkbox at the bottom of Sch A.
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