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Itemized Deduction Limitation for Taxpayers with an Adjusted Gross Income Which Form

Itemized Deduction Limitation for Taxpayers with an Adjusted Gross Income Which Form

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hello this is Bob Steel in this video we will be talking about itemized deductions at the end of this lecture we will be able to list itemized deduction categories describe the deductibility of medical expenses describe what taxes are deductible what types of taxes will be deductible that is describe what interest expenses can be deductible so what types of interest can uh we deduct explain what charitable gifts can be deductible so what kind of Charity items will be deductible toine casualty losses which can be deductible and list items that are categorized as miscellaneous expenses so miscellaneous items that also can be deductible in the itemized deduction category so first we'll talk start out with the tax equation once again and we're working our way down so we were we have seen the line item of gross income remember we're talking about the income statement when we're talking about taxes for the most part and the income state statement includes inco

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