📌 Key Takeaway: With the 2026 standard deduction at $16,100 (single) or $32,200 (married filing jointly), most filers now come out ahead taking the standard deduction rather than itemizing — itemizing only wins if your total qualifying expenses exceed that threshold.
2026 Standard Deduction Amounts
| Filing Status | Amount |
|---|---|
| Single / MFS | $16,100 |
| Married Filing Jointly | $32,200 |
| Head of Household | $24,150 |
What You Can Itemize
- Mortgage interest on loans up to $750,000.
- State and local taxes (SALT), capped at $10,000 combined.
- Charitable contributions.
- Significant unreimbursed medical expenses above 7.5% of your adjusted gross income.
Quick Math Example
A married couple with $12,000 in mortgage interest, $10,000 in SALT (capped), and $3,000 in charitable giving totals $25,000 in itemized deductions — well under the $32,200 standard deduction, so they'd take the standard deduction instead.
When Itemizing Still Wins
Homeowners with large mortgage balances, high state income tax, and significant charitable giving in the same year are the most likely to still benefit from itemizing — run the numbers both ways before deciding.
This page is for educational purposes and isn't personalized financial or tax advice. Figures, rates, and program details change frequently — confirm current terms directly with lenders, tax professionals, or the IRS before acting.