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An itemized expense would contain multiple expenses listed as line items. You can associate multiple categories and apply different tax rates to each line item. The itemized expense total will be calculated automatically, based on the expense amount of each line item and the tax applied on them.

An itemized statement is a document issued by a financial institution to its customer detailing all account activity for a specific period. Itemized statements often show deposits, credits, debits, and fees. An itemized statement is often produced monthly and sent via mail or accessed through an online account.

What is an itemized quote? An itemized quote breaks down the costs of a job into line items. Instead of providing a lump sum cost for the job, itemized quotes show pricing for each product or service. Line items help clarify the quote's final price and show your prospects what they can expect out of the job.

An itemized deduction is an expense that can be subtracted from adjusted gross income (AGI) to reduce your tax bill. Itemized deductions must be listed on Schedule A of Form 1040. 1. Taxpayers can choose to itemize deductions or claim the standard deduction that applies to their filing status.

To state by items; give the particulars of; list the individual units or parts of: to itemize an account. to list as an item or separate part: to itemize deductions on an income-tax return.

An itemized expense would contain multiple expenses listed as line items. You can associate multiple categories and apply different tax rates to each line item. The itemized expense total will be calculated automatically, based on the expense amount of each line item and the tax applied on them.

To list things separately, often including details about each thing: We asked for an itemized bill, listing all our phone calls and how long they were.