What are Above-the-Line Deductions?

The requirements for itemized deductions can be hard to meet for many
people. But some deductions are available without itemizing: above-the-line
deductions.All of the above-the-line deductions can be found on Form 1040 in the
section Adjusted Gross Income. Some of the deductions require additional forms
and some dont.

Educator Expenses: This deduction allows teachers both public and private
a deduction of up to $250 ($500 for married couples who are both teachers)
for necessary educational supplies and expenses. Kindergarten through grade
12 teachers, instructors, counselors, principals, or aides who work at least 900
hours during the school year are eligible for the deduction. For more details
about this deduction, see IRS Pub 529.

Certain Business Expenses: Members of the National Guard and Reserves

can deduct expenses for traveling 100 miles or more from home for performing
their service. Fee-based state or local government officials can deduct certain
business expenses. Lastly, qualified performing artists may also deduct
business expenses. To claim this deduction, fill out our Form 2106 screen.

Health Savings Account Contributions: Contributing to your HSA through

the year is a wise move, because youre contributing pre-tax dollars. That cuts
your taxable income, so it lowers your taxes, plus you get the financial benefit
of the dollars without paying taxes on them. Also, any contributions you make
are deductible at the end of the year. Contributions from your employer,
rollovers, and distributions from IRAs dont qualify.

Moving Expenses: If you moved during the year for a new job or business,
you may be eligible to deduct moving expenses. Expenses such as moving
vans, storage, and transportation can be deducted.

Self Employed Deductions: There are several above-the-line deductions for

the self-employed. The first is a deduction for self-employment tax you paid
throughout the year. Just enter your self-employment income on your
1040.com return, and we'll take care of the math for your deduction. You'll
probably need either the Schedule C or Schedule SE screen but don't
double enter the income.

Next, if youre self-employed you can deduct contributions you made to a SEP
IRA or other retirement account. Check IRS Pub 560 for more information
about this deduction and how much you can deduct.
The last above-the-line deduction for self-employed taxpayers is for insurance
premiums. You can deduct any premiums for insurance for you, your spouse,
and dependent children. The premium must be established under your
business in order to claim the deduction. For this deduction, use the SEHI Self-
Employed Health Insurance screen on your 1040.com return. For more
information about this deduction or any other self-employment deductions, see
IRS Pub 535.

Student Loan Interest: If youre paying back any student loans, you may be
able to deduct any interest you paid throughout the year, up to $2,500.

Tuition and Fees: If you attend a qualified college or university, you may be
eligible to deduct any tuition and fees . You can't claim this deduction and
an education credit for the same expenses. Enter your expenses on our Form
1098-T and Education Expensesscreen on your 1040.com return.

Itemized Deductions vs.

Above-the-Line Deductions:
Whats the Difference?
by sally herigstad leave a comment

Income tax deductions are items that reduce your taxable income. But, theres more to the story.
Its important to be aware that not all deductions are created equal.
For instance, some deductions can be taken above the line on your tax return. Above-the-line
deductions are subtracted from your income before the adjusted gross income (AGI) is calculated
for tax purposes. This would include items such as losses on a property sale, alimony payments
and educational expenses.

However, the amount of above-the-line deductions you take, directly affects the amount and type
of below-the-line deductions for which youre eligible. Below-the-line deductions include any
deduction reported on a line that comes after the AGI calculation on a return.

While both deductions ultimately reduce your taxable income, some can have a more favorable
impact on your tax bill than others. In most cases, above-the-line deductions are the better
choice. Heres why.

You can take above-the-line deductions even if you dont

itemize.
The standard deduction is a fixed amount thats based primarily on your filing status, which
reduces your taxable income. This amount is higher if you or your spouse are over the age of 65
or blind.

Each tax season, you have the choice to deduct your actual itemized deductions or take the
standard deduction. Typically the choice is determined by whichever amount is higher.

If your total itemized deductions are less than the standard deduction, you may not receive any
benefit from a tentative itemized deduction.

Above-the-line deductions benefit you whether or not you itemize your deductions.

Above-the-line deductions reduce your adjusted gross

income.
Your adjusted gross income is the amount listed on the bottom line of page 1 of your tax return.
It includes all of your total income, including wages, business and rental income, capital gains,
unemployment income, and so on. It also factors in any allowances for personal exemptions and
itemized deductions.

Above-the-line deductions, while commonly referred to as a deduction, are technically

adjustments to your income.

These adjustments include items such as traditional IRA contributions, moving and education
expenses, alimony payments and the deductible portion of self-employment tax.
Above-the-line deductions can also refer to business deductions and losses. For example, a
business expense reduces your net business income, which therefore reduces your total income.

But whats so special about your adjusted gross income?

Quite a lot. Your adjusted gross income may be used for many calculations on your tax return.

For example, you can only deduct medical expenses as itemized deductions to the extent they
exceed 10 percent of your AGI (7.5 percent if you or your spouse are over age 65).

Every dollar that reduces your AGI not only reduces your taxable income, but it may help you
qualify for other deductions as well.

Various credits are limited by your adjusted gross income. In some cases, an adjustment may
help you qualify for a credit or other tax perk that you would not receive otherwise.

For 2015, check out these common above-the-line

adjustments to income.
Certain business expenses of National Guard and reserve members who travel more than
100 miles from home
Health Savings Account (HSA) deductions
Moving expenses if you moved in connection to a job or business
Deductible portion of self-employment tax (generally 50 percent of the tax)
Contributions to Self-Employed retirement plans, SEP or SIMPLE individual retirement
arrangements (IRAs) and Qualified Plans
Self-employed health insurance deduction
Penalty on early withdrawal of savings
Alimony paid (but not child support or settlement)
Deductible contributions to a traditional IRA
Student loan interest paid on a qualified student loan for yourself, your spouse or your
dependent
Write-in adjustments, such as the Archer MSA deduction or jury duty pay you turned
over to your employer because your employer paid your salary while you served
Some expenses can be deducted as above-the-line or as
itemized deductions.
Most deductions fit neatly into above-the-line or itemized deductions. You dont have to worry
about where to deduct them.
However, sometimes you have a choice of where to deduct an expense.

For example, you can deduct the real estate tax paid on your home as an itemized deduction.

However, if you have a small business, you may qualify to deduct a portion of your real estate
tax as a business expense.

In most cases, youre better off taking an expense as a business deduction whenever possible.
Not only is it an above-the-line deduction, but it may also reduce the amount self-employment
tax you pay.

Another example is self-employed health insurance. As discussed above, health insurance

premiums can be deducted with itemized deductions.

However, you must reduce your total itemized medical expenses, including insurance premiums,
by 10 percent of your adjusted gross income (7.5 percent through 2016 if you are over age 65).
This must be done before you include them with your itemized deductions. (TaxAct performs
this calculation for you.)

If you qualify, youll benefit more by taking the self-employed health insurance deduction,
which is an above-the-line adjustment to income.

Your Taxes, Above and Below

the Line
Some deductions are better than others.
Selena Maranjian

(TMFSelena)

Mar 1, 2007 at 12:00AM

As we enter the heart of tax season, there's a concept that's lost on many people -- that
not all deductions have the same value. That's because it matters whether they're
"above the line" or "below the line."
 The line, in a sense, is your adjusted gross income (AGI), on which your taxes are
largely calculated. Above-the-line deductions are taken before you arrive at your final
AGI; they appear either as subtractions from income items or as explicit deductions on
your 1040 and help you actually arrive at your AGI. Below-the-line deductions are taken
after you have determined your AGI and can reduce your taxable income further.

To clarify this distinction, here are some examples:

Above-the-line deductions: Schedule C or F business deductions, rental deductions, and

adjustments to AGI such as contributions to a traditional IRA, alimony, stock losses up to
$3,000, moving expenses, or student loan interest paid.

Below-the-line deductions: Itemized deductions such as charitable donations and

medical, tax, interest, and miscellaneous expenses.

Now think of the whole process this way: You start with your gross income and subtract
your above-the-line deductions, arriving at your AGI. Then you subtract your below-the-
line deductions or the standard deduction (whichever is greater) to arrive at your taxable
income.

Here's how our tax expert, Roy Lewis, has explained the difference in the deductions:
"Above-the-line deductions are generally more beneficial than below-the-line deductions
because they not only reduce your taxable income, but also reduce your AGI, which
may favorably affect many of your subsequent computations. Below-the-line deductions
simply reduce your taxable income."

So in a nutshell, above-the-line deductions will always lower your taxes, but below-the-
line ones may not, if they don't exceed your standard deduction amount. Those who are
self-employed will have more above-the-line deductions, but even those who aren't
might benefit by keeping better records of their expenses. If you have enough
deductions to itemize them instead of taking the standard deduction, you can cut your
taxes.

Also, as an investor, be sure to make the most of losses on stocks. Although it's too late
to sell and take losses on your 2006 return, it's never too early to think about your 2007
taxes. For instance, if you lost money on poor-performing stocks like Sirius
Satellite (NASDAQ:SIRI), or on Marvell Technology (NASDAQ:MRVL), you can at
least ease the pain a little by reducing your taxes.

Learn much more about taxes in our Tax Center and about stock-loss calculations in
particular in this article. Get answers to your tax questions on our Tax Strategies
discussion board.

Get new ideas on how to save money year-round when you give the Motley Fool Green
Lightnewsletter a try.

Longtime Fool contributor Selena Maranjian does not own shares of any companies
mentioned in this article.

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Increase Your Tax Refund

With Above-The-Line
Deductions
By Mark P. Cussen, CFP, CMFC, AFC

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Every year, millions of Americans keep careful track of their charitable

contributions, mortgage interest, property taxes and various other expenses in an
effort to clear the dollar threshold that will allow them to claim the larger amount
of their aggregated itemized deductions instead of having to settle for
the standard deduction. However, some deductions can be taken regardless of
whether the taxpayer is able to itemize. Expenses in this category are known
as above-the-line deductions, and this article examines those expenses that can
be deducted by any taxpayer who pays them. (For more, see An Overview Of
Itemized Deductions.)

TUTORIAL: Investing 101

Breaking Down Your Taxable Income

The basic tax computation formula used in the U.S. has four main sets of parts
that are broken down on the 1040. The formula is shown as follows:

All Sources of Taxable Income

= Gross Income
- Above-the-Line Deductions
= Adjusted Gross Income
- Standard or Itemized Deductions
= Taxable Income
- Tax Credits and Taxes Paid or Withheld
= Balance Due or Refund

What Are Above-the-Line Deductions?

Above-the-line deductions constitute those expenses that are deducted for AGI,
while itemized deductions are deducted from this number. The "line" is the
taxpayer's AGI, which is the bottom number on the front of the 1040. Above-the-
line deductions are listed on the bottom half of the front of the 1040 and can be
broken down as follows. Please note that all figures are as of 2010.

Domestic Production Activities

Up to 6% of activities related to the domestic production of certain goods or
services (such as engineering or architectural) may be deducted under
certain conditions.

Moving Expenses
The costs of transporting household goods from one residence to another
 are usually fully deductible, provided that they are not reimbursed by the
taxpayer's employer. The move must be made for work or business
reasons, and the taxpayer's new place of employment must be at least 50
miles further away from the taxpayer's previous residence than the
previous workplace was from there.

Retirement Plan Contributions

All contributions made to traditional IRAs and qualified plans such as
401(k), 403(b) and 457 plans are deductible. Taxpayers with incomes
above a certain level who contribute to both a traditional IRA and a
qualified plan are subject to a graduated phaseout reduction on the
deductibility of their IRA contributions. This deduction is not available for
contributions to Roth IRAs or retirement plans of any kind. (Learn more
in 3 Retirement Account Rules To Know.)

HSA, MSA Contributions

All contributions to Health Savings Accounts and Archer Medical Savings
Accounts are fully deductible. However, the taxpayer cannot have access
to any kind of group policy coverage, including that offered by fraternal or
professional organizations. The purchase of a qualified high-
deductible health insurance policy is also required.

Health Insurance premiums

The cost of premiums paid for individual health insurance policies
(including high-deductible policies) are fully deductible for self-employed
taxpayers. As with HSAs and MSAs, the taxpayer cannot have access to
group health coverage of any kind.

Self-Employed Business Expenses, SE Tax

Virtually any expense incurred in the operation of a sole proprietorship is
deductible on Schedule C, such as rent, utilities, the cost of equipment and
supplies, insurance, legal fees, employee salaries and contract labor. This
also includes one-half of the self-employment tax that must be paid on this
income. Although these expenses are not listed directly on the 1040 but
are carried to the income section via the Schedule C, they are still
 considered to be above-the-line deductions because they are subtracted in
order to determine adjusted gross income.

Alimony
Payments made to a spouse pursuant to a divorce decree that are not
classified as child support are usually counted as alimony. All payments of
this type are deductible from gross income.

Educator Expenses
These include unreimbursed qualified expenses of up to $250 ($500 for
joint filers if both are in this category). Qualified expenses include teaching
equipment, supplies, books and other ordinary expenses that are
commonly associated with education. This deduction is available for
education professionals who teach grades K-12 and work at least 900
hours during the year.

Early Withdrawal Penalties

Any penalties paid for the early withdrawal of money from a CD or savings
bond that is reported on Form 1099-INT or 1099-DIV can be deducted.

Student Loan Interest

All interest paid on federally-subsidized student loans up to a certain
amount is deductible, provided the taxpayer's income does not exceed
$75,000 for single, head-of-household or qualifying widower filers or
$150,000 for joint filers.

Tuition and Fees

In some cases, it is more advantageous for taxpayers to deduct the costs
of tuition, fees and other educational expenses paid to qualified
educational institutions rather than claim one of the educational tax
credits for them. Those who are unable to qualify for these credits for any
reason can take this deduction instead as well.

Conclusion
Any or all of these deductions can be taken in addition to the itemized deductions
for eligible taxpayers. Of course, there are also several incidental rules and
limitations on most of these deductions that are not covered here. For more
information on above-the-line deductions, read the instructions for the 1040 Form
on the IRS website or consult your tax advisor. (To learn more, see The 10 Most
Overlooked Tax Deductions.)

An Overview of Itemized
Deductions
By Mark P. Cussen, CFP, CMFC, AFC | Updated November 30, 2016
3:23 PM EST

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When you file your taxes each year, you have the choice of either taking
the standard deduction or itemizing your deductions. The standard deduction is a
preset amount that you are allowed to deduct from your taxable income each
year. This amount will vary according to your tax filing status and is indexed
annually to keep up with inflation. Every year, millions of taxpayers are able to
claim a larger deduction on their tax returns as a result of itemizing their
deductions but this won't work for everyone. To make the most out of your tax
return, read on to learn when to itemize your deductions and when to stick with
the standard deduction.

The Purpose and Nature of Itemized Deductions

Itemized deductions fall into a different category than above-the-line deductions
such as self-employment expenses and student loan interest; they are "below-
the-line" deductions, or deductions from adjusted gross income. They are
computed on the Internal Revenue Service's Schedule A and then the total is
carried on to your 1040 form.

Once itemized deductions have been subtracted from your income, the
remainder is your actual taxable income. Itemized deductions were created as a
social-engineering tool by the government to provide economic incentives for
taxpayers to do certain things, such as buy houses and make donations to
charities. (To learn how taxes evolved to the 1040s we see today, read Paying
Uncle Sam: From Tobacco to $1 Trillion and Tablets to 1040s: How Taxes Began.)

So Which Deductions Can Be Itemized?

Schedule A is broken down into several different sections that deal with each type
of itemized deduction. For a breakdown of your itemized deductions, see the IRS
instructions for Schedule A.

The following is a brief overview of the scope and limits of each category of
itemized deduction:

Unreimbursed Medical and Dental Expenses This deduction is

perhaps the most difficult and financially painful to qualify for.
Taxpayers who incur qualified out-of-pocket medical and/or dental
expenses that are not covered by insurance can deduct expenses that
exceed 10% of their adjusted gross incomes (if you or your spouse is 65 or
older, the threshold is 7.5% until Dec. 31, 2016).

Interest Expenses Homeowners can deduct the interest that they pay
on their mortgages and home equity lines of credit.

Each year, mortgage lenders mail Form 1098 to borrowers, which details
the exact amount of deductible interest and points that they've paid over
the past year. Taxpayers who bought or refinanced homes during the year
can also deduct the points that they've paid, within certain guidelines.

Taxes Paid Taxpayers who itemize are able to deduct two types of taxes
paid on their Schedule A: Personal property taxes, which include real
 estate taxes, are deductible along with state and local taxes that were
assessed for the previous year. However, any refund received by
the taxpayer from the state in the previous year must be counted as
income if the taxpayer itemized deductions in the previous year.

Charitable Donations Any donation made to a qualified charity is

deductible within certain limitations. Cash contributions that exceed 50% of
the taxpayer's adjusted gross income must be carried over to the next year,
as well as noncash contributions that exceed 30% of AGI. (Keep reading
about donations in Deducting Your Donations and It Is Better to Give AND
Receive.)

Casualty and Theft Losses Any loss incurred as a result of a casualty

or theft can be reported on the Schedule A. Unfortunately, only losses in
excess of 10% of the taxpayer's adjusted gross income are actually
deductible. If a taxpayer incurs a casualty loss in one year and deducts it
on his or her taxes, then any reimbursement that is received in later years
must be counted as income. Casualty losses are carried on to the
Schedule A from IRS Form 4864.

Unreimbursed Job-Related Expenses and Certain Miscellaneous

Deductions W-2 employees who incur work-related expenses can
deduct any aggregated expenditures that exceed 2% of their adjusted
gross income. These include items such as equipment and supplies,
protective clothing, expenses for maintaining a home office for the
convenience of the employer, vehicle expenses, dues to professional
organizations and professional subscriptions. Certain other miscellaneous
deductions are listed in this section as well, such as income tax preparation
and audit fees, and any expenses related to maintaining investments or
income-producing property. These fees include such items as IRA or other
account-maintenance fees paid out of pocket, legal and accounting fees,
and margin interest.

Other Miscellaneous Deductions This final category of itemized

deductions includes items such as gambling losses to the extent of
 gambling winnings, losses from partnerships or subchapter S-corporations,
estate taxes on income in respect of a decedent and certain other
expenses. For additional details, see IRS Publication 17 and the
instructions for Schedule A.

Income Limitations for Itemized Deductions

Itemized deductions for taxpayers with adjusted gross incomes above a certain
level (see Form 1040, line 38) may be reduced. The limits depend on your filing
status. If you're above them, you'll need to complete the Itemized Deductions
Worksheet to determine the amount to enter on line 29 of Schedule A. The
amounts are: $309,900, if married filing jointly or a qualifying widow(er);
$284,050, if head of household; $258,250, if single; or $154,950, if married filing
separately.

Remember to Aggregate
There are times when the additional deduction realized from excess medical or
job-related expenses will allow itemized deductions to exceed the standard
deduction; therefore, you should not simply assume that you cannot deduct
miscellaneous expenses or that you cannot itemize deductions if your itemizable
deductions are insufficient by themselves for you to qualify. (For more on this
see Which is better for tax deductions, itemization or a standard deduction?)

The Bottom Line

There are many rules concerning itemized deductions that are beyond the scope
of this article. Working with an experienced and competent tax preparer can help
to ensure those rules are applied to your tax return. Your tax preparer should also
be able to help you determine whether you should itemize or take the standard
deduction. (For more, see Tax Tips for the Individual Investor.)

Itemized Deductions: A Beginners Guide

By Amber Gilstrap February 11, 2010

Should you itemize your deductions? Its a question you will have to answer when you start
filing your tax return. Heres a quick look at whats deductible and when you should take the
standard deduction and when you should itemize.

Have you ever wondered if you can itemize deductions on your tax return? Actually, have
you ever wondered what, exactly, itemizing means? If so, youve come to the right place. Im
going to teach you the basics of itemizing: What itemizing is, whether or not you qualify to
itemize and, if so, how to do it.

Note: Tax prep software can walk you through all potential deductions and even determine if
its best to itemize or take the standard deduction. Find out why we recommend TurboTax
and how you can use it to file your simple federal return for free.

What Does It Mean To Itemize Deductions?

When youre filling out your federal tax return this year, youll be asked to either calculate
your itemized deductions or to take the standard deductionan amount predefined by the
IRS and based upon your filing status (e.g., single or married filing jointly). If you dont
qualify to itemize deductions, you will choose the standard deduction.

To find your taxable income, you must subtract the standard or itemized deduction from your
Adjusted Gross Income (AGI). To be blunt, these deductions are our friends because they
lower the amount of taxes that we have to pay.

Itemized deductions are comprised of various types of certain expenses that you incur
throughout the year (things that aresurprise, surprisetax-deductable). If the total
amount of these expenses is greater than the standard deduction amount, you should
itemize instead of taking the standard deduction.

For example, the 2014 standard deduction for single taxpayers is $6,200. If the amount you
spent on qualified itemized deductions (see below) is greater than $6,200, then you should
itemize on your tax return. For 2015 the standard deduction for a single taxpayer is $6,300.

Do you qualify to Itemize Deductions?

The most common expenses that qualify for itemized deductions include:

Home mortgage interest

Property, state, and local income taxes

Investment interest expense

Medical expenses

Charitable contributions

Miscellaneous deductions

HOME MORTGAGE INTEREST

If you took out a mortgage to purchase a home, the interest on that mortgage is deductible
as an itemized deduction. Most people qualify for this deduction because it is allowed on up
to the first $1,000,000 borrowed on a mortgage. This deduction is allowed for two
residences per taxpayer. You can also deduct interest on a home equity loan as long as that
loan is less than $100,000.

TAXES

If you own a home, you can deduct the real estate taxes that you pay on your home.
However, you cannot deduct prepaid taxes; you can only deduct those taxes which are
allocated to the year in which you are filing your taxes for. You can also deduct any state
and local taxes (sometimes referred to as city tax) that you paid on your income during the
year. This is a huge perk of itemizing (because most taxpayers pay state income tax but you
can only deduct those taxes if you itemize deductions).

INVESTMENT INTEREST EXPENSE

When you start investing, you may incur expenses like broker or advisor fees or safe deposit
box fees. You can deduct these as itemized deductions. Just be careful: You can only
deduct up to the amount that you earn through your investments. So, if you had a bad year
and didnt earn anything, you cannot deduct these expenses. (However, you may be eligible
for Capital Loss treatment.)

MEDICAL EXPENSES

Medical expenses are deductible as itemized deductions, but in a very limited way. You can
only deduct the amount of medical expenses that exceed 10 percent of your AGI (7.5
percent if youre over 65).

For example, if your AGI was $50,000 and you spent $5,500 in medical expenses during the
year, you could only deduct $500 ($50,000 * .1 = $5,000).
Some qualifying medical expenses include: prescriptions, doctors fees/co-pays, insurance
premiums, necessary surgery (not cosmetic), physical handicap costs, and transportation to
a medical facility. You can also deduct 24 cents for every mile you drove for medical care.

CHARITABLE CONTRIBUTIONS

If you were generous during the tax year and gave money or property to your favorite
charity, you can deduct these gifts as an itemized deduction. Tithing to your church is
included in this deduction. Contributions to political campaigns or needy families are NOT
included in this deduction. (You must donate to a qualified organization to claim the
deduction). The deduction is only limited to 50 percent of your AGI for cash donations and
30 percent of your AGI for property donations.

MISCELLANEOUS DEDUCTIONS

There are some miscellaneous deductions that you can claim, but you can only deduct
these expenses by the amount that they exceed two percent of your AGI. These expenses
include: unreimbursed business expenses, qualified educational expenses, expenses for
uniforms, tax preparation fees, business use of your home, subscriptions to professional
journals, and job-hunting expenses. These are just a few, so consult the IRS Website if you
have a question about one of your expenses.

How Do You Claim The Itemized Deduction?

When you are filing out your 1040, you will see a question asking you to itemize or take the
standard deduction towards the top of page two. You will need to use a separate form
Schedule A to calculate your itemized deductions. This form can be found on the IRS
website along with your 1040 form. The Schedule A form will walk you through the steps
and calculations of each expense that I listed above. You will take the final amount on the
Schedule A form and put it into your 1040 form where it asks for itemized deductions.

Things To Remember

Here are some helpful tips to summarize the itemized deductions process:

Choose one or the other: Itemized deductions or the standard deduction

If your itemized deductions are greater than $6,200 for 2014, you should itemize ($6,300 for
2015)

If your itemized deductions are less than $6,200 for 2014, you should take the standard
deduction
If you cannot itemize, you might be able to file a form 1040-EZ which is a shorter and
simpler version of the traditional 1040 form. You may also be able to file your federal tax
return using TubroTax absolutely free.

If you bought a house this year, there is a good chance that you will now be eligible to
itemize

Remember that no matter which deduction you choose, these deductions are your friend
they help you by allowing you to pay fewer taxes. Once you get the hang of itemizing your
deductions, start to keep detailed records of all your eligible expenses. This will help to
make the tax process that much less painful.

Read more at: https://www.moneyunder30.com/itemized-deductions