The net result of Teton County School District No.1 Employee Compensation Package for fiscal year 2015-2016 is a model based salary schedule with a top ranking in the state.
Itemized Deductions are reported on Schedule A [Itemized Deductions]. Just like the standard deduction, itemized deductions are subtracted from your adjusted gross income. The difference is that itemized deductions are a tally of actual expenses you incurred that the IRS has determined you can take a deduction for.
Itemized Deductions. You claim attorneyâs fees as an itemized deduction on Schedule A of Form 1040. The IRS imposes a limit on miscellaneous deductions; you can only claim expenses that exceed 2 percent of your adjusted gross income, which you calculated on Line 38 of your return. If you take the standard deduction, you cannot deduct attorneyâs fees.