10 Best "Itemized" Tax Deductions
When it comes to doing our taxes, many of us face this crucial dilemma: to itemize or not itemize. Should we take the standard deduction or try to maximize the itemized deductions? So in the spirit of itemization, in this video, I will review the top 10 “itemized” deductions you should be aware of. Timecodes: 0:00 - Intro 0:25 - Tax Deduction 101 2:33 - State & Local Income Taxes 4:06 - Real Estate Tax 4:46 - Personal Property Tax 5:53 - Mortgage Interest 6:25 - Home-Equity Loan Interest 6:54 - Charitable Donations 7:45 - Medical Expenses 8:39 - Long-Term Care Premiums 9:28 - Casualty Losses Due To Federally Declared Disaster 10:16 - Gambling Loss ------------ LINKS: ► Get My Weekly Newsletters: https://www.financialtortoise.com/new... ► Favorite Books: https://www.financialtortoise.com/bes... DISCLAIMER: I am not a financial adviser. These videos are for educational and entertainment purposes only. I am merely sharing my personal opinion. Please seek professional help when needed.

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