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 ?
Initially certified by UK DfT for passenger airport checkpoints and checked baggage screening in 2010, Morpho Detection's Itemiser DX claims to delivers fast, accurate detection of explosives in a desktop package that is reliable, cost effective and portable.
The US Transportation Security Administration (TSA) has purchased more than 2,800 Itemiser DX systems for use at US airports.
Now, the Itemiser DX is approved for use by Israeli government agencies at border crossings, transportation facilities and civilian facilities and institutions.
The Itemiser, which can detect the presence of drugs such as cocaine, cannabis, heroin and ecstasy, was used outside nine different pubs and nightclubs in Aberdeen city centre.
But Chief Inspector Innes Walker said the Itemiser would be a valuable tool in driving drug dealers out of the city centre.
In demonstrating how the Itemiser works, Kalogiros explained that all surfaces of the package must be wiped over with a special cloth.
The device - known as the Itemiser Contraband Detector or ICD - can detect up to 40 drugs by simply being wiped across a person's skin or clothing.
The ITEMISER Contraband Detector detects trace particles and vapors from all narcotics and explosives.
Morpho (Safran),through its Morpho Detection subsidiary, has announced a contract with the German Federal Police for 160 Itemiser 4DX explosives trace detectors (ETDs).
"A drugs itemiser was utilised during the operation which required anyone entering some pubs and clubs to provide a hand swab for analysis."
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.
GE Security Inc., 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.