What are Standard and itemized deductions? - TurboTax Support Video

Standard and itemized deductions are two different ways you can lower the amount of income you're taxed on. You can choose which to take when you're filing your return. Because of itemized deduction caps and the Standard Deduction increase, the Standard Deduction gives almost 90% of tax filers the biggest tax break.

TurboTax makes deciding easy. We'll ask you some questions and then automatically calculate which option is best for you.