The Wyoming Legislature will begin the recalibration of K-12 funding as required every five years.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 listed on Schedule A of Form 1040. Needless to say, this takes longer time to do than simply taking the standard deduction since taxpayers will have to input each expense item on the form.
Choose one or the other: Itemized deductions or the standard deduction. If your itemized deductions are greater than $6,200 for 2014, you should itemize ($6,300 for 2015) If your itemized deductions are less than $6,200 for 2014, you should take the standard deduction.