How YOU can pay LESS TAX - Itemized vs Standard Deduction

A lot of people are leaving money on the table at tax time by choosing the wrong deductions. The choice between itemized and standard deductions can make the difference between owing money and getting money back. In this video, we'll break down the pros and cons of each method, show you how to calculate which one saves you more, and reveal some surprising scenarios where the less obvious choice might be the better one.

Chapters:
0:00 Introduction
0:33 Chapter 1: Understanding Deductions
2:16 Chapter 2: Standard Deduction
5:15 Chapter 3: Itemized Deductions
8:11 Chapter 4: Calculating Your Deductions
10:30 Chapter 5: Choosing the Right Deduction
12:38 Chapter 6: Key Takeaways

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Chisholm Financial Planning & Investments is owned by Jenny Logan and is a registered investment advisory firm regulated by the Securities & Exchange Commission in accordance and compliance with US securities laws and regulations. Chisholm Financial Planning & Investments does not render, or offer to render, personalized investment or tax advice through any videos or other content on any social media platform to include YouTube. The information provided in these videos is provided without compensation and for informational and educational purposes only and does not constitute financial, tax, investment, or legal advice.

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