With taxes, it can pay to keep things simple. These 5 tax deductions let you trim your tax bill without itemizing.

Simple Form 1040 returns only (no schedules except for the earned income tax credit, child tax credit and student loan interest). Tax deductions for homeowners Mortgage interest Discount points ...

The IRS offers various tax breaks for homeowners that can help lessen the financial burden associated with homeownership.

Like most filers, we usually take the standard deduction, but itemizing our taxes is saving us money this year.

we have to itemize and file Schedule A of Form 1040 to prove we have tax deductions amounting to over $29,200, which is the standard deduction for taxpayers who are married filing jointly.