Itemized Deductions

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Itemized Deductions by Mind Map: Itemized Deductions

1. Charitable Donations

1.1. Cash Contributions

1.2. charitable orginization

1.2.1. Check tax exept status

1.3. Ticket to Charitable Events

1.4. No deduction for athletic event

1.5. Membership Benefits

1.6. Token items

1.7. Contributions of Property

1.7.1. Reductions for FMV

1.7.1.1. Ordinary Income Property

1.7.1.2. Capital gain property

1.7.2. Clothing and Household items

2. Medical and Dental

2.1. Expences that are deductable

2.2. Who's Expenses are Deductible

2.3. Dependents

2.4. When are they deductible

3. Interest Paid

3.1. Home Mortgage interest paid

3.1.1. Acquisition debt

3.1.2. Home equity debt

3.1.3. Limitation

3.1.4. Reverse Mortgage

3.1.5. points paid

3.1.6. Special Situations

3.1.7. Legal Liability

3.1.8. Mortgage insurance Premiums