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2008 Schedules A&B (Form 1040)

(from the Internal Revenue Service)

This document includes forms for Schedules A & B to accompany tax Form 1040. Use Schedule A to figure out your itemized deductions. In most cases, your federal income tax will be less if you take the larger of your itemized deductions or your standard deduction. In Schedule B you can list interest and ordinary dividends.

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By using Schedule A to itemize, you can deduct a part of your medical and dental expenses, non-reimbursed employee business expenses and amounts you paid for certain taxes, interest, contributions and miscellaneous expenses. You can also deduct certain casualty and theft losses.

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