What Is an Itemized Deduction?

The itemized deduction is a symmetry of "comprehensive deduction". Refers to a method of deducting individual expenses in accordance with specific expenses when allowing taxpayers to collect all expenses incurred during the process of obtaining income. This method of itemized deduction of expenses requires that taxpayers' consumption must have specific items, which belong to the items stipulated by the tax law and the allowable deduction amount. ^[1]