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Should I Itemize or Take the Standard Deduction?

Calculate which option saves you more money in 2026

πŸ’° Your Information
$
Needed to calculate medical expense deduction
$
Only amount over 7.5% of AGI is deductible
$
Capped at $40,000
$
From Form 1098
$
$

βœ“ Take the Standard Deduction

The standard deduction is simpler and gives you more savings.

Save $0
Deduction Comparison
Standard Deduction $15,750
No documentation needed. Easy and fast.
Itemized Deductions $0
Requires documentation and receipts.

πŸ’‘ Pro Tips

  • Keep all receipts and documentation if itemizing
  • Consider "bunching" charitable donations in alternating years
  • SALT deduction is capped at $40,000 total
  • Medical expenses must exceed 7.5% of AGI to be deductible

Itemized vs Standard Deduction Calculator

Use our itemized vs standard deduction calculator to compare tax savings and choose the best deduction option for your US tax return.

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