It may be time to stop itemizing your taxes

News

It may be time to stop itemizing your taxes

FILE- This July 24, 2018, file photo shows a portion of the 1040 U.S. Individual Income Tax Return form for 2018 in New York. The Child Tax Credit changed considerably in 2018. The standard deduction nearly doubled for 2018, leaving many taxpayers wondering whether it's financially worth it to itemize on their tax returns anymore. (AP Photo/Mark Lennihan, File)

It may be time to stop itemizing your taxes

FILE- This July 24, 2018, file photo shows a portion of the 1040 U.S. Individual Income Tax Return form for 2018 in New York. The Child Tax Credit changed considerably in 2018. The standard deduction nearly doubled for 2018, leaving many taxpayers wondering whether it's financially worth it to itemize on their tax returns anymore. (AP Photo/Mark Lennihan, File)