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Itemized Deductions Schedule-A


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Old 03-03-2012, 11:53 AM
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Standard/Itemized Deductions

My husband and I are trying to determine if we are better off if we file as married filing jointly or married filing separately.

I am confused by this statement in the 1040 instruction book: "If your spouse itemizes deductions, you cannot claim the standard deduction. If you can claim the standard deduction, your basic standard deduction is half the amount allowed on a joint return"

If one of us itemizes, what amount of deduction can the other spouse take?

Thanks,

J.



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