If your itemized deductions are greater than $24k - you can still itemize.
If your itemized deductions are less than $24k - you can take the $24k standard deduction and won’t have all the fuss of documenting your deductions with receipts and forms.
Thank you. And I heard on Varney & Co. that there is a $300.00 tax credit for dependents that is also to be available for certain types of dependent, such as a parent who lives with you.