When filing federal tax returns in the United States, the filer has the option of taking a standard deduction of x or itemizing his or her deductions. The latter entails choosing from t a list of specific deductions recognized by the United State government. This list includes, but is not limted to the following:
- Mortgage interest from a primary residence
- Mortgage Interest and other operating expenses associated with a rental property.
- Charitable contributions to non-profit organizations
- Sales Tax or State Income Tax paid
- Medical Expenses that exceed 7.5% of a filer's adjusted gross income