Itemize

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Itemize

To list a specific expense the taxpayer has had over the course of the tax year in order to reduce one's taxable income. One may itemize most medical expenses, for example, and deduct them from one's taxable income. The same is the case for interest on mortgages and business expenses. The IRS allows itemized deductions as an alternative to the standard deduction, which takes a flat amount out of one's taxable income. Itemized deductions are subject to certain restrictions; for example, some expenses must exceed a certain percentage of the adjusted gross income to be deductible.
References in periodicals archive ?
Karen Bomba, President and CEO, Morpho Detection, noted: "The German Federal Police helps secure air travel at some of the busiest airports in Europe and we're thrilled they have recognised the operational and detection capabilities of Itemiser 4DX by selecting it to protect travellers.
Morpho Detection's Itemiser DX Trace Detector Certified for Air Cargo Screening by UK Department for Transport.
Built on the company's existing Itemiser ETD platform, Itemiser 4DX delivers advanced explosives detection and screening capabilities powered by a non-radioactive Ion Trap Mobility Spectrometer (ITMS) source.
Morpho Detection Inc, part of Morpho, a business of the Safran group (PAR:SAF), said today that it has won a new order from the US Transportation Security Administration (TSA) for the Itemiser DX explosives detection solution.
a business of GE Enterprise Solutions, today announced that the Itemiser DX, desktop explosives trace-detection equipment, has successfully completed the rigorous TSA certification process in the DHS Transportation Security Laboratory, as well as extensive operational testing in a live airport environment.
The new Itemiser FX is a direct-transfer traced-detection instrument that can simultaneously identify explosives and narcotics from a finger touch.
By year end, the company expects the ITEMISER to be installed in almost 100 airports.
The company's principal products are the ITEMISER Contraband Detector, a desktop device, and the VaporTracer, a hand-held instrument.
Security: Safran approached 900 Itemiser 4DX Trace Detectors shipped in 2015 to leading European aviation hubs in order to meet EU screening mandates.
Morpho (Safran) through its subsidiary Morpho Detection, has announced that its desktop Itemiser DX explosives trace direction detector (ETD) has been qualified by Transport Canada for air cargo screening.
The range of air cargo solutions provided by Morpho Detection includes the Itemiser DX desktop and MobileTrace handheld explosives detection units, CTX 5800 high-throughput, small-footprint EDS (from early 2011), CTX 9800 EDS and HRX X-ray scanners.
The latest crackdown is the second time the jail has borrowed a pounds 25,000 drugs testing machine called an Itemiser to check for traces of drugs on visitors' bodies.