Answers · Individual tax · Form 1040
What Is Schedule A?
Schedule A reports allowable itemized deductions subject to category-specific rules and limits.
How it works
The rule, and what it turns on.
Common categories include medical expenses, certain taxes, mortgage interest, charitable contributions and other permitted items.
Example
Large mortgage interest and charitable contributions can make itemizing better than the standard deduction.
Common mistakes
What we see go wrong, and what we do instead.
- Treating personal expenses as itemized deductions.
- Poor charitable substantiation.
A better approach
- Compare total allowable itemized deductions with standard deduction annually.
Authority
Where this comes from, so you can check it.
IRC §§63(d), 164, 165, 170, 213 and 163(h), as applicable; Schedule A instructions.
Educational information, not individualized tax advice. Treatment depends on your facts, entity classification and tax year, and IRS instructions change. Confirm your own position with us before relying on it. Mint Associates does not provide legal services.
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