43-1042. Itemized deductions
A. Except as provided by subsections B, D, E and G of this section, at the election
of the taxpayer, and in lieu of the standard deduction allowed by section 43-1041, in
computing taxable income the taxpayer may take the amount of itemized deductions
allowable for the taxable year pursuant to subtitle A, chapter 1, subchapter B, parts VI
and VII, but subject to the limitations prescribed by sections 67, 68 and 274, of the
internal revenue code.
B. In lieu of the amount of the federal itemized deduction for expenses paid for
medical care allowed under section 213 of the internal revenue code, the taxpayer may
deduct the full amount of such expenses.
C. Notwithstanding subsection B of this section, expenses for medical care that are
paid or reimbursed from the taxpayer's medical savings account pursuant to section
43-1028 shall not be deducted pursuant to this section.
D. A qualified defense contractor that is identified and certified by the
department of commerce pursuant to section 41-1508 shall not claim both a deduction as
provided by this section and a credit under section 43-1078 with respect to the same
property taxes paid.
E. A taxpayer shall not claim both a deduction provided by this section and a
credit allowed by this title with respect to the same charitable contributions.
F. The taxpayer may add any interest expense paid by the taxpayer for the taxable
year that is equal to the amount of federal credit for interest on certain home mortgages
allowed by section 25 of the internal revenue code.
G. A taxpayer shall not claim any amount that was deducted pursuant to section
164(b)(6) of the internal revenue code, as added by section 1008 of the American recovery
and reinvestment act of 2009 (P.L. 111-5), for qualified motor vehicle taxes.
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