Schedule L, Standard Deduction for Certain Filers

There are three deductions that in the past could only be used on the tax return if the taxpayer was filing Schedule A, Itemized Deductions.  These deductions can now be included on the tax return when the taxpayer is claiming the standard deduction.  These three deductions are:

• State or local real estate taxes paid in 2009.
• A net disaster loss reported on Form 4684, line 18 (Form 1040 filers only).
• State or local sales or excise taxes (or certain other taxes or fees in a state without a sales tax) paid after February 16, 2009, for the purchase of any new motor vehicle(s).

Schedule L is a new form beginning in tax year 2009 for taxpayers who are adding any of these deductions to the standard deduction and is required to be attached to the tax return.