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Reply to "Shoe box of receipts ... Now what?"
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[quote=Anonymous]Go to one of the online versions of TurboTax like deluxe or premium. Those versions have sections for itemized deductions. Go through the "easy guide" after clicking the deductions tab. It will take you through all of the potential itemized deductions and will give you an idea if you have enough expenses to itemize. If you don't, then you are entitled to the Standard Deduction. The big itemized deductions for most people are charitable contributions, mortgage interest expense, real estate taxes and state income taxes. As the pp said, if you end up taking the Standard Deduction instead of itemizing then you can use TurboTax's federal free version. But you only pay for deluxe or premium when you decide to file so there is no cost to look and review the software.[/quote]
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