MY working list -- Standard Deduction & Itemized Deductions(Feb-6-2011, 72 days left)

• Standard Deductions
• Medical and dental expenses that are more than 7.5% of your 2010 AGI
• Taxes, like State and local income or property taxes
• Interest Expense

Deductible home mortgage interest

Investment interest up to net investment income

• Contributions

Charitable contributions

• Nonbusiness Casualty and theft losses that are more than 100 and 10% of your AGI
• Car Expenses and Other Employee Business Expenses
• Tax Benefits for Work-related education
• Fully deductible miscellaneous itemized deductions, including:

a. impairment-related work expenses of persons with disabilities,

b. Federal estate tax on income in respect of a decedent,

c. Repayment of more than 3,000 of income held under a claim of right that you included in income in an earlier year because at the time you thought you had an unrestricted right to it

d. Unrecovered investments in an annuity contract under which payments have ceased because of the annuitant's death

e. Gambling losses up to the amount of gambling winnings

f. Casualty and theft losses from income-producing property

• Other miscellaneous itemized deductions that are more than 2% of your AGI, including:

a. unreimbursed employee business expense, such as education expenses, work clothes and uniforms, union dues and fees, and the cost of work-related small tools and supplies

b. Safe deposit box rental

c. tax counsel and assistance

d. Certain fees paid to an IRA trustee or custodian

PSQ

Source: http://www.irs.gov