Impressed you know what FASB is
Posted on: October 8, 2020 at 13:13:44 CT
BigDave MU
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but you're still an idiot in tax matters.
If a person is paying less taxes with the standard deduction than they are with itemizing and deducting home interest, they are better off using the standard deduction.
The only thing that matters is how much tax they are paying on the bottom line. How the calculation gets to that point is not relevant.