When you file your 2016 federal income tax return next year, you can take a standard deduction. For 2016, that is $6,300 for single taxpayers and for married individuals filing separately; $12,600 for couples filing jointly and for certain widow(er)s; and $9,300 for those filing as heads of household. The beauty of taking the standard deduction is that it is simple: There is no need to gather information and scant risk of triggering an audit. However, taking the time to itemize deductions can be a tax saver. If your itemized deductions exceed the standard amounts, you will generally come out ahead by listing them on Schedule A of Form 1040. Indeed, the amount you can claim under “Taxes You Paid” may be enough to justify itemizing.