Schedule A/B: Property (individuals) is a form used by individual taxpayers to itemize their deductions for federal income tax purposes. It includes deductions for state and local taxes, mortgage interest, charitable contributions, medical expenses, casualty and theft losses, and other miscellaneous deductions. Schedule A/B is divided into two parts: Part A is for itemizing deductions, and Part B is for claiming business expenses. There are two types of Schedule A/B: Property (individuals): Schedule A for Itemized Deductions and Schedule B for Business Expenses.