J.k. Lasser''s 1001 Deductions and Tax Breaks 2020 - Your Complete Guide to Everything Deductible

A complete list of individual tax relief opportunitiesJ.K. Lasser's 1001 Deductions and Tax Breaks 2020 is the complete and thorough guide to reducing your tax burden. By listing every possible deduction and credit available to individual taxpayers, this book can help you achieve substantial savings on your 2020 tax return. Updated and expanded to cover new and changing tax law, this edition also includes an e-supplement covering the latest developments from Congress and the IRS to keep you fully up-to-date. Stop overpaying and gain peace of mind as you find the answers you need for your specific tax situation. Mine your paperwork for write-off opportunities, and claim your tax breaks correctly; easy-to-follow instructions give you clear guidance through the maze of worksheets to help you reclaim what is legally yours.Echoing cries of "Can I claim...?", "How do I deduct...?", "Where do I find...?" mean it's tax season again, and America's most trusted tax advisor is here to take away the stress. Find answers, save money, and streamline the filing process.* Examine your records for deduction opportunities* Identify each and every deduction for which you qualify* Learn about new or updated deductions for your 2018 return* See what types of income are tax free* Claim correctly, with the appropriate forms and evidenceDeductions and credits were put in place precisely to help everyday people like yourself keep more of their hard-earned money--but only if you claim them. Instead of mounting an expedition into impenetrable tax code, let an expert do the legwork for you: J.K. Lasser's 1001 Deductions and Tax Breaks 2020 gives you the straightforward, no-nonsense information you need to stop overpaying and keep more of what's yours.

List of contents

Introduction vii1. You and Your Family 12. Medical Expenses 263. Education Costs 734. Your Home 1095. Retirement Savings 1446. Charitable Giving 1807. Your Car 2078. Investing 2209. Travel 25110. Real Estate 27111. Borrowing and Interest 29912. Insurance and Catastrophes 31313. Your Job 32814. Your Business 34715. Miscellaneous Items 376Appendix A. Items Adjusted Annually for Inflation 399Appendix B. Checklist of Tax-Free Items 404Appendix C. Checklist of Nondeductible Items 408Index 415

About the author

Barbara Weltman is an attorney and a nationally recognized expert in taxation for small businesses, as well as the author of many top-selling books on taxes and finance, including J.K. Lasser's Small Business Taxes. She is also the publisher of Idea of the Day(r), is quoted regularly in major publications (including the New York Times, the Wall Street Journal, and Money magazine), and is an award-winning blogger. Visit her at www.BigIdeasForSmallBusiness.com.

Summary

A complete list of individual tax relief opportunities

J.K. Lasser's 1001 Deductions and Tax Breaks 2020 is the complete and thorough guide to reducing your tax burden. By listing every possible deduction and credit available to individual taxpayers, this book can help you achieve substantial savings on your 2020 tax return. Updated and expanded to cover new and changing tax law, this edition also includes an e-supplement covering the latest developments from Congress and the IRS to keep you fully up-to-date. Stop overpaying and gain peace of mind as you find the answers you need for your specific tax situation. Mine your paperwork for write-off opportunities, and claim your tax breaks correctly; easy-to-follow instructions give you clear guidance through the maze of worksheets to help you reclaim what is legally yours.

Echoing cries of "Can I claim...?", "How do I deduct...?", "Where do I find...?" mean it's tax season again, and America's most trusted tax advisor is here to take away the stress. Find answers, save money, and streamline the filing process.
* Examine your records for deduction opportunities
* Identify each and every deduction for which you qualify
* Learn about new or updated deductions for your 2018 return
* See what types of income are tax free
* Claim correctly, with the appropriate forms and evidence

Deductions and credits were put in place precisely to help everyday people like yourself keep more of their hard-earned money--but only if you claim them. Instead of mounting an expedition into impenetrable tax code, let an expert do the legwork for you: J.K. Lasser's 1001 Deductions and Tax Breaks 2020 gives you the straightforward, no-nonsense information you need to stop overpaying and keep more of what's yours.

Product details

• Authors: Barbara Weltman
• Publisher: Wiley, John and Sons Ltd
• Languages: English
• Product format: Paperback / Softback
• Released: 31.01.2020
• EAN: 9781119610694
• ISBN: 978-1-119-61069-4
• No. of pages: 448
• Series: J.K. Lasser; J.K. Lasser
• Subjects: Guides > Law, job, finance; Social sciences, law, business > Business > Business administration