This tax season, my household is claiming the mortgage tax deduction. So we're doing that dreaded thing everyone whispers ...

Generally, a standard deduction is the best choice for taxpayers whose total itemized deductions do not add up to more than ...

What's the difference between standard and itemized deductions? Here's what it could mean for your 2025 tax refund.

Moore’s idea to eliminate itemized deductions would mean tax hikes for most people who make more than $500,000, but it would ...

In fact, a new study published by SmartAsset finds that in some states households reduce their taxable income by $50,000 to upwards of $100,000 through itemized deductions. With tax season coming ...

Gov. Wes Moore plans to change how Marylanders take deductions on their state income taxes, but officials in some of the state’s poorest counties say that plan could force them to cut services.

The IRS offers various tax breaks for homeowners that can help lessen the financial burden associated with homeownership.

In our case, for itemization to be worth the hassle for our family, we'd need to accumulate more than $29,200 total in itemized deductions, including our mortgage interest. Fortunately ...

The type of deduction you take can reduce your tax bill, or even determine how much you get back in refunds this tax season. But what is the difference between standard and itemized deductions?