Obsessive-compulsive disorder is an anxiety disorder characterized by unwanted thoughts and repetitive, ritualized behaviors you feel compelled to perform. If you have OCD, you probably recognize that your obsessions and compulsions are irrationalâbut even so, you feel unable to resist them and break free.
Itemized deductions allow taxpayers to reduce their taxable income based on specific personal expenses. If the total itemized deductions are greater than the standard deduction, it will result in a lower taxable. income and lower tax. In general, taxpayers benefit from itemizing deductions if they have mortgage inter-.
If the total itemized deductions are more than your standard deduction, consider itemizing. Some deductions must exceed a âfloorâ before you deduct them As of 2013, you can only deduct medical expenses to the extent that your total medical expenses exceed 10% of your adjusted gross income, known as the floor..