What can I deduct if I itemize deductions? | IOOGO

What can I deduct if I itemize deductions?

If you choose to itemize, you can deduct certain taxes you paid (real estate taxes, personal property taxes, state income or sales taxes). You can also deduct interest you paid, including home mortgage interest, mortgage insurance premium, and investment interest. You can deduct your gifts to charity. In order to deduct your medical and dental expenses or loss from a federally declared disaster, your expenses must exceed 10% of your adjusted gross income.