Ron Paul and "Cutting Spending" Ha!

I don't recall any tax credits that I have taken on my returns just off hand.

There have been itemized deductions that I could have taken but did not - contribution of items to Purple Heart for instance.

I don't agree with taking a deduction for donating something to a charity that I would otherwise just throw away.

Do you recall when the Clintons took a two dollar deduction for every pair of used underwear that Bill gave to Goodwill?

I also have never taken a deduction for an in home office even though I was allowed to under IRS rules. I don't agree with it on principle - so I don't take it.

 

Cool. Like I said, this is silly.

 

I take every deduction possible... But I find it hard to believe you do not take the standard deduction, that seems pretty obvious.

BTW, I agree with not taking an in home office deduction, it is tricky and very subjective... something that can easily get you in trouble with the IRS. However, I would rather you have the money in your pocket than Congress in theirs.