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itemize
(redirected from itemizing)

   Also found in: Dictionary/thesaurus, Financial 0.01 sec.

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


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Allowing individuals to take a standard deduction instead of itemizing their return will help to increase compliance and reduce administrative costs for many small businesses.
In aggregate, not itemizing represented a $945 billion overpayment to the government.
And once you start itemizing your deductions, you may be able to lower your tax bill even further by writing off charitable contributions, state income taxes and possibly medical bills.
 
 
 
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