Minnesota Standard Deduction vs. Itemized Deductions
Itemized Deductions include:
- Mortgage interest (Form 1098)
- Property taxes
- Mortgage insurance
- Job expenses
- Donations to charities
- Medical expenses
- State and local taxes
- General sales tax
- Investment interest
- Casualty losses
- Gambling losses
- Other miscellaneous expenses
We'll calculate whether the Itemized Deductions you enter or your Standard Deduction is larger and will automatically give you the larger of the two deductions.