Back Forward Glossary A-Z Index Close Window Back to Top Close Window
Questions?
  Glossaryprint
A | B | C | D | E | F | G | H | I | J | K | L | M | N |
O | P | Q | R | S | T | U | V | W | X | Y | Z |
1 | 3 | 4 | 5

Definitions by InvestorWords.com
  What is...?
itemized deduction
An incurred expense which reduces an individual's taxable income, in accordance with IRS regulations. Examples include mortgage interest, state and local taxes, charitable gifts, and medical deductions.
Copyright ©2009 by InvestorGuide.com.
All Rights Reserved.