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A straightforward guide to taking tax breaks and deductions on your 2024 tax return In
J.K. Lasser's 1001 Deductions & Tax Breaks 2025: Your Complete Guide to Everything Deductible, taxation expert Barbara Weltman delivers an authoritative guide to taking advantage of every tax break and deduction to which you're entitled. You'll find a personal tax roadmap clearly organized by subject matter so you can easily find the credits and deductions that might apply to you. Each tax benefit is explained in simple, understandable language--along with eligibility requirements for claiming the benefit--while planning tips and common pitfalls associated with the deduction or credit are discussed in detail.
In this book, you'll find deductions and tax breaks covering: - You, your spouse, and your dependents
- Your home and car
- Your job or small business
- Your investments
- Your retirement savings
- Travel, medical, and dental expenses
- Health savings accounts
- Education costs and charitable giving
- Disaster losses
- Insurance expenses
Packed with hundreds of up-to-date deductions and credits, practical advice, and real-world examples,
J.K. Lasser's 1001 Deductions & Tax Breaks 2025 is a book every taxpayer should own.
Get your free online supplement for the latest tax changes.
List of contents
Introduction vii
1. You and Your Family 1
2. Medical Expenses 27
3. Education Costs 75
4. Your Home 110
5. Retirement Savings 147
6. Charitable Giving 193
7. Your Car 224
8. Investing 240
9. Travel 274
10. Real Estate 293
11. Borrowing and Interest 322
12. Insurance and Catastrophes 336
13. Your Job 351
14. Your Business 371
15. Miscellaneous Items 399
Appendix A. Items Adjusted Annually for Inflation 423
Appendix B. Checklist of Tax-Free Items 429
Appendix C. Checklist of Nondeductible Items 433
Appendix D. Common Mistakes to Avoid 440
Index 442
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® and
Big Ideas for Small Business®, an award-winning blogger and quoted regularly in major publications (including the
New York Times, the
Wall Street Journal, and
Consumer Reports). Visit her at www.BigIdeasForSmallBusiness.com.