J.k. Lasser''s Your Income Tax - For Preparing Your 2016 Tax Return

Klappentext America's number-one bestselling tax guide offers the best balance of thoroughness, organization, and usability. Written by a team of tax specialists, "J.K. Lasser's Your Income Tax 2010" includes all the outstanding features that have made this book the nation's all-time top-selling tax guide. Original. Zusammenfassung America's number-one all-time best-selling tax guide, with 2,500 money-saving tipsJ.K. Lasser's Your Income Tax 2017 puts America's most trusted tax advice to work to help you with your 2016 tax return. Reader-friendly and easy to use, this book answers your most pressing questions to help you maximize your tax savings. You'll learn how the latest tax law and IRS changes apply to your specific situation, and you'll find expert advice on sheltering income, planning, claiming deductions, and more. New tax laws, IRS rulings, court decisions, filing pointers, and planning strategies are highlighted throughout for quick reference, and the companion website at jklasser.com has an e-Supplement that updates the text with the latest tax developments from the IRS and Congress. Using a CPA or tax software to file? This guide shows you what you can do to leverage the utmost money-saving capabilities these services have to offer. Filing yourself? This book gives you guidance and expertise from America's most trusted tax resource for over 75 years.Tax laws are continually evolving, and even if your family situation and finances haven't changed in the last year, your tax-saving opportunities or liabilities may have changed because of new rules. Do you routinely stay up to date on IRS rulings and new tax legislation? J.K. Lasser does, and this book tells you everything you need to know to file your 2016 return.* Maximize your tax savings with over 2,500 tax-saving tips* Learn how recent tax law changes affect your 2016 filing* Identify your deductions, and claim them correctly* Get the answers you need quickly, from a trusted sourceTaxes are complex, confusing, and always changing, and it's tempting to just settle for what you're given--but why leave money on the table? You've worked hard for it, and you're entitled to it. Cut through the complexity and file correctly, on time, for a maximized return with the trusted authoritative help of J.K. Lasser's Your Income Tax 2017. Inhaltsverzeichnis What's New for 2016 xxvKey Tax Numbers for 2016 xxixFILING BASICS 1Do You Have to File a 2016 Tax Return? 3Filing Tests for Dependents: 2016 Returns 4Where to File Your 2016 Return 5Filing Deadlines (on or before) 6Which Tax Form Should You File? 8Filing Status 9REPORTING YOUR INCOME 33Wages, Salary, and Other Compensation 35Fringe Benefits 52Dividend and Interest Income 74Reporting Property Sales 100Tax-Free Exchanges of Property 145Retirement and Annuity Income 160IRAs 195Income From Real Estate Rentals and Royalties 241Loss Restrictions: Passive Activities and At-Risk Limits 258Other Income 286CLAIMING DEDUCTIONS 309Deductions Allowed in Figuring Adjusted Gross Income 311Claiming the Standard Deduction or Itemized Deductions 320Charitable Contribution Deductions 328Itemized Deduction for Interest Expenses 352Deductions for Taxes 369Medical and Dental Expense Deductions 376Casualty and Theft Losses and Involuntary Conversions 394Deducting Job Costs and Other Miscellaneous Expenses 419Travel and Entertainment Expense Deductions 433Personal Exemptions 459PERSONAL TAX COMPUTATIONS 473Figuring Your Regular Income Tax Liability 475Alternative Minimum Tax (AMT) 479Computing the "Kiddie Tax" on Your Child's Investment Income 487Personal Tax Credits Reduce Your Tax Liability 493Tax Withholdings 514Estimated Tax Payments 521Additional Medicare Tax and Net Investment Income Tax 527TAX PLANNING 533Tax Savings for Residence Sales 535Tax Rules for Investors in Securities 550Tax Savings for Investors in Real Estate 566Tax Rules for Investo...

List of contents

What's New for 2016 xxv
Key Tax Numbers for 2016 xxix
FILING BASICS 1
Do You Have to File a 2016 Tax Return? 3
Filing Tests for Dependents: 2016 Returns 4
Where to File Your 2016 Return 5
Filing Deadlines (on or before) 6
Which Tax Form Should You File? 8
Filing Status 9
REPORTING YOUR INCOME 33
Wages, Salary, and Other Compensation 35
Fringe Benefits 52Dividend and Interest Income 74
Reporting Property Sales 100
Tax-Free Exchanges of Property 145
Retirement and Annuity Income 160
IRAs 195
Income From Real Estate Rentals and Royalties 241
Loss Restrictions: Passive Activities and At-Risk Limits 258
Other Income 286
CLAIMING DEDUCTIONS 309
Deductions Allowed in Figuring Adjusted Gross Income 311
Claiming the Standard Deduction or Itemized Deductions 320
Charitable Contribution Deductions 328
Itemized Deduction for Interest Expenses 352
Deductions for Taxes 369
Medical and Dental Expense Deductions 376
Casualty and Theft Losses and Involuntary Conversions 394
Deducting Job Costs and Other Miscellaneous Expenses 419
Travel and Entertainment Expense Deductions 433
Personal Exemptions 459
PERSONAL TAX COMPUTATIONS 473
Figuring Your Regular Income Tax Liability 475
Alternative Minimum Tax (AMT) 479
Computing the "Kiddie Tax" on Your Child's Investment Income 487
Personal Tax Credits Reduce Your Tax Liability 493
Tax Withholdings 514
Estimated Tax Payments 521
Additional Medicare Tax and Net Investment Income Tax 527
TAX PLANNING 533
Tax Savings for Residence Sales 535
Tax Rules for Investors in Securities 550
Tax Savings for Investors in Real Estate 566
Tax Rules for Investors in Mutual Funds 579
Educational Tax Benefi ts 588
Special Tax Rules for Senior Citizens and the Disabled 606
Members of the Armed Forces 617
How To Treat Foreign Earned Income 624
Planning Alimony and Marital Settlements 635
Other Taxes 642
Gift and Estate Tax Planning Basics 650
BUSINESS TAX PLANNING 659
Income or Loss From Your Business or Profession 661
Retirement and Medical Plans for Self-Employed 689
Claiming Depreciation Deductions 699
Deducting Car and Truck Expenses 716
Sales of Business Property 730
Figuring Self-Employment Tax 737
FILING YOUR RETURN AND WHAT HAPPENS AFTER YOU FILE 745
Filing Your Return 747
Filing Refund Claims, and Amended Returns 755
If the IRS Examines Your Return 759
2016 SAMPLE TAX FORMS 771
2016 Form 1040 773Schedule A 775
Schedule B 776
Schedule C 777
Schedule D 779
Schedule E 781
Schedule SE 783

Product details

• Authors: J K Lasser Institute, J. K. Lasser Institute, J.K. Lasser Institute
• Publisher: Wiley, John and Sons Ltd
• Languages: English
• Product format: Paperback / Softback
• Released: 14.10.2016
• EAN: 9781119248200
• ISBN: 978-1-119-24820-0
• No. of pages: 864
• Series: J.K. Lasser; J.K. Lasser
• Subjects: Guides > Law, job, finance; Social sciences, law, business > Law > Taxes