Millions of non-itemizers will be affected, too - those who can claim the $250 deduction available to teachers and teachers' aides who spend money for classroom supplies or the deduction for up to $4,000 of qualified college costs. ❋ Kevin McCormally (2011)
Cash and in-kind donations made in 2010 are deductible for itemizers. ❋ Bob Meighan (2011)
The IRS had already announced that because of congressional tax changes, itemizers won't be able to file before mid- to late February. ❋ Unknown (2011)
Since Congress restored the opportunity for taxpayers to choose between deducting state income taxes or state sales tax, the IRS has to revise the Schedule A - the form used by itemizers. ❋ Kevin McCormally (2011)
To be truly fair, even non-itemizers would be eligible for tax deductions based on their tax rate. ❋ Brian Gallagher (2011)
Even with that delay, itemizers can get a head start on tax preparation and save some money in tax preparation, as we've outlined in Consumer Reports Money Adviser. ❋ Unknown (2011)
The proposal also would add to the progressivity of the tax system, because itemizers in most cases are higher-income taxpayers. ❋ Edward D. Kleinbard (2010)
Among them: transfers of IRA assets to charities by those over age 70 ½ ; a state and local sales-tax deduction for non-itemizers; a real-estate tax deduction for non-itemizers; and a deduction for teachers ' expenses. ❋ Laura Saunders (2010)
Not renewed was a property-tax deduction for non-itemizers. ❋ Laura Saunders (2010)
Among them: transfers of IRA assets to charities by those over age 70 1/2; a state and local sales-tax deduction for itemizers; an additional standard deduction for real-estate taxes; and a deduction for teachers ' expenses. ❋ Cristina Lourosa-Ricardo (2010)
In 2008, some itemizers had to wait until Feb. 11 to file returns because of last-minute enactment of an alternative minimum tax fix. ❋ Martin Vaughan (2010)
The tax break won't help those who take only the standard deduction, and even among itemizers, high-income families would get a much bigger tax break than those with lower incomes. ❋ Unknown (2009)
Households at the margin of choosing between renting and owning are not, for the most part, itemizers. ❋ Unknown (2007)
Bankman says a government-sponsored tax preparation system could be expanded to serve the two-thirds of taxpayers who are non-itemizers, with only wage and interest income. ❋ Unknown (2008)
