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Should I itemize or take the standard tax deduction? A calculator to help decide

Steve Goldstein
Should I itemize or take the standard tax deduction? A calculator to help decide

The Tax Cuts and Jobs Act pretty much doubled the standardized deduction, which means for millions of people, itemizing no longer makes sense. As this is the first tax season since the TCJA passage, MarketWatch has created a calculator to help guide you through the decision on whether to itemize or not.