itemize


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Itemize

To individually state each item or article.

Frequently used in tax accounting, an itemized account or claim separately lists amounts that add up to the final sum of the total account on claim.

itemize

verb be specific, catalog, circumstantiate, count, designate, detail, document, enter into detail, enumerate, index, inventory, list, mention, mention in detail, note, number, particularize, point out, post, recount, register, set down, specify, state by items, tabulate
Associated concepts: itemize an account, itemize damages, itemize expenses
See also: delineate, describe, designate, detail, enumerate, impanel, index, relate, specify, tabulate
References in periodicals archive ?
63(e)(1), a taxpayer must elect to itemize deductions.
If the itemized deductions for which you are eligible exceed your standard deduction, it tends to be advantageous to itemize on Schedule A (Form 1040)," explained Mark Steber, chief tax officer, Jackson Hewitt Tax Service Inc.
While the two-issue rule requires counsel to sufficiently itemize the verdict, the solution is not to itemize every issue and sub-issue.
If one spouse itemizes, the other must also itemize).
This is an "above the line" deduction, available whether you itemize or not.
Deductibility of mortgage interest and property taxes only matters to homeowners who itemize their deductions.
Some taxpayers who have elected to itemize deductions in the past under Code Section 63(b) may find that as a result of the phase-out it is better to use the standard deduction.
Another group expected to benefit are those individuals who don't itemize deductions.
Taxpayers must itemize their deductions (in lieu of taking the standard deduction).
WHEN credit card companies send you a bill, they itemize the charges and make it clear how the money was spent and why you owe a specific amount.
Because he finds Money to be more expansive, Victor says it should be easier for him to itemize deductions come next tax season.
Bush's spokesman says ``He's not going to itemize for the children of America, and his daughters, who are watching, everything he did or did not do in the past.