Comment on Inside ICE’s Tool to Monitor Phones in Entire Neighborhoods
MagicShel@lemmy.zip 15 hours agoI feel like most people are on the standard deduction these days, right? It’s pretty high and while we’ve itemized in the past, our mortgage interest isn’t high enough to push us over and without that everything else is a tiny drop in the bucket.
ReluctantMuskrat@lemmy.world 14 hours ago
It certainly depends. I’m not sure what qualifies as “most people” now. Plenty of people have higher interest rates on their homes from recent purchases than those who’ve purchased homes 4 or 5 years ago, and if you live in a state with higher income tax you’ll have more to deduct. Also self-employed contractors and non-incorporated small business owners are likely going to itemize. My wife and I itemize but we’re fortunate enough to be in a place where we support a lot of charities so itemization is worth it.