if the mortgage interest is less than $1200 for the whole year, and other deductions on form 1040 Sch. A are?

2 Responses to “if the mortgage interest is less than $1200 for the whole year, and other deductions on form 1040 Sch. A are?”

1. Judy says:

   October 23, 2010 at 11:31 am

   No, but if you take the standard deduction, be sure to add the allowable amount for your real estate taxes paid – see schedule L.
2. card-ron says:

   October 23, 2010 at 12:18 pm

   Based on the information you provided, Schedule A will give you no benefit and you should claim the standard deduction. If you paid any real estate taxes during the year, you can file Schedule L to increase your standard deduction.

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