Itemize vs Standard Deduction
Compare your potential itemized deductions against the standard deduction for your filing status. This tool applies a SALT cap and medical floor (optionally) and estimates how much tax the better path could save at your marginal rate.
Profile
Itemized Deductions
Marginal Tax Rate
The difference between itemizing and the standard deduction reduces your taxable income. Your marginal rate approximates the tax savings from each additional dollar of deduction.
Standard vs Itemized
Standard deduction$14,600
Itemized total$0
Difference between the two$14,600
Recommended Path
Take the standard deduction
At an approximate marginal rate of 22.0%, choosing the better option changes your tax bill by roughly $3,212 in federal tax.
Itemized Components (After Rules)
Mortgage interest$0
State & local taxes (after ~$10,000 cap)$0
Charitable contributions$0
Medical expenses above 7.5% of AGI (AGI $100,000)$0
Other itemized$0
Total itemized deductions$0
Notes & Next Steps
- • This is a federal-focused, high-level comparison. State tax rules may treat deductions differently.
- • SALT cap, medical floor, and charitable limits can vary over time; plug in your own numbers or check current IRS guidance.
- • The actual benefit of itemizing also depends on credits, phaseouts, and other deductions that aren't modeled here.
- • Once you wire this tool to real IRS tables by year, you can auto-populate standard deductions, thresholds, and caps for each filing status.