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<blockquote data-quote="bacha29" data-source="post: 2483145" data-attributes="member: 58386"><p>Look I&#039;m not a CPA but i worked for H&amp;R Block for 10 years but that was years ago and I wanted to go back if not for the upcoming joint replacement. As I said earlier you can take as an adjustment to your net taxable income the higher of the standard deduction or the itemized deductions on Schedule A. today the numbers of deductions on Sch A are a small fraction of what there used to be. They discovered that it was far more cost efficient to give a larger standard deduction with reduced deductions on SchA than to have to audit all off those little deductions that used to be on SchA. If a taxpayers return is kicked out for an audit they first will look to see if there is cause for an in person audit and the potential to recover at least $1000 in additional tax. Most of the time they will send out a correspondence audit notifying the TP of a proposed change which the TP can agree to. or dispute.</p></blockquote><p></p>

[QUOTE="bacha29, post: 2483145, member: 58386"] Look I'm not a CPA but i worked for H&R Block for 10 years but that was years ago and I wanted to go back if not for the upcoming joint replacement. As I said earlier you can take as an adjustment to your net taxable income the higher of the standard deduction or the itemized deductions on Schedule A. today the numbers of deductions on Sch A are a small fraction of what there used to be. They discovered that it was far more cost efficient to give a larger standard deduction with reduced deductions on SchA than to have to audit all off those little deductions that used to be on SchA. If a taxpayers return is kicked out for an audit they first will look to see if there is cause for an in person audit and the potential to recover at least $1000 in additional tax. Most of the time they will send out a correspondence audit notifying the TP of a proposed change which the TP can agree to. or dispute. [/QUOTE]

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