The Wyoming Legislature will begin the recalibration of K-12 funding as required every five years.The net result of Teton County School District No.1 Employee Compensation Package for fiscal year 2015-2016 is a model based salary schedule with a top ranking in the state.
Itemized deductions are listed on Schedule A of Form 1040. Needless to say, this takes longer time to do than simply taking the standard deduction since taxpayers will have to input each expense item on the form.
This is an itemized deduction, meaning that in order to claim, it you'll have to choose itemizing instead of taking the standard deduction. Like other itemized deductions, the SALT deduction can be claimed on the Schedule A form of your federal tax return. Image source: Getty Images. This is a major deduction