Should I Itemize or Take the Standard Deduction?

For those with mortgage interest, charitable contributions and medical expenses, individually itemizing your deductions can be a smart decision.  Of course, it's generally only something worth doing if your deductible expenses are greater than the standard deduction.  Working with a tax expert is a good place to start if you're unsure.  2015 standard deductions are as follows:  For individuals and those filing as Single, the standard deduction is $6,300.  Those filing Jointly or married will have a standard deduction of $12,600.