In other words, you won't itemize your tax deductions. Itemizing only helps your bottom line if your deductions total more than the standard deduction ($6,200 if single or $12,400 if married filing jointly). The most common "big ticket" deductions are:
- Mortgage interest paid on your home
- Property taxes paid on your home
- Medical expenses that exceed 7.5% of your adjusted gross income.
Donating to charity, by itself, is usually not enough to make it beneficial to itemize. You would have to donate over $6,200 if single or $12,400 if married to benefit from itemizing. If you did that – good on ya! But you should file the "long form" 1040, not 1040EZ.