The nation's most trusted tax guide, updated for your 2017 returns
J.K. Lasser's Your Income Tax 2018 is the nation's most trusted tax guide, updated to help you prepare your 2017 return. Step-by-step expert guidance walks you through the forms, calculations, and deadlines to help you file your taxes without the headaches. New changes including tax laws, IRS rulings, court decisions, and more are explained in plain English, backed by examples of how they apply to individual taxpayers like yourself. Explore your options in terms of deductions, income shelters, and planning strategies to maximize your savings and keep more of your money--without wading through volumes of dense tax code. This comprehensive yet accessible guide is your handbook for making your tax filing for 2017 easier than you thought possible.
Tax time does not have to be a source of stress and anxiety. With the experts at J.K. Lasser by your side, you can file correctly and on time while paying less than you thought; this book shows you everything you need to know, and gives you the answers you need right at your fingertips.
* Learn how the latest changes from the IRS affect your return
* Get trusted advice for maximizing deductions and sheltering income
* Navigate the many IRS forms with step-by-step guidance
* Start planning now to streamline next year's filing
Keeping up with ever-changing tax laws is a full-time job, decoding incomprehensible IRS forms can be an exercise in frustration, and searching for the answers you need can often leave you with more questions. Americans have been turning to J.K. Lasser for over 75 years to find trusted guidance on critical tax issues. J.K. Lasser's Your Income Tax 2018 is this year's essential guide to taking the stress out of tax time.
Reihe
Auflage
Sprache
Verlagsort
Maße
Höhe: 27.4 cm
Breite: 21 cm
Dicke: 36 mm
Gewicht
ISBN-13
978-1-119-38008-5 (9781119380085)
Schweitzer Klassifikation
J.K. Lasser Institute has been the premier publisher of consumer tax guides since 1939, when Jacob Kay Lasser first published Your Income Tax. Since then, the guide has been published continuously for over seventy years and read by over 39,000,000 people. The J.K. Lasser Institute also publishes personal finance books such as Small Business Taxes and 1001 Deductions and Tax Breaks. J.K. Lasser Institute spokespeople are regularly sought after as media tax experts. They regularly appear on such broadcast programs as CNBC, CNN, and Bloomberg TV. They are also often featured in numerous periodicals, including The Wall Street Journal, USA Today, Self Magazine, The New York Times, Newsweek and Reader's Digest.
FILING BASICS 1
Filing Status 9
REPORTING YOUR INCOME 33
Wages, Salary, and Other Compensation 35
Fringe Benefi ts 52
Dividend and Interest Income 75
Reporting Property Sales 101
Tax-Free Exchanges of Property 146
Retirement and Annuity Income 161
IRAs 197
Income From Real Estate Rentals and Royalties 243
Loss Restrictions: Passive Activities and At-Risk Limits 260
Other Income 288
CLAIMING DEDUCTIONS 311
Deductions Allowed in Figuring Adjusted Gross Income 313
Claiming the Standard Deduction or Itemized Deductions 322
Charitable Contribution Deductions 330
Itemized Deduction for Interest Expenses 354
Deductions for Taxes 371
Medical and Dental Expense Deductions 378
Casualty and Theft Losses and Involuntary Conversions 396
Deducting Job Costs and Other Miscellaneous Expenses 421
Travel and Entertainment Expense Deductions 435
Personal Exemptions 461
PERSONAL TAX COMPUTATIONS 475
Figuring Your Regular Income Tax Liability 477
Alternative Minimum Tax (AMT) 481
Computing the "Kiddie Tax" on Your Child's Investment Income 489
Personal Tax Credits Reduce Your Tax Liability 495
Tax Withholdings 516
Estimated Tax Payments 523
Additional Medicare Tax and Net Investment Income Tax 529
TAX PLANNING 535
Tax Savings for Residence Sales 537
Tax Rules for Investors in Securities 552
Tax Savings for Investors in Real Estate 568
Tax Rules for Investors in Mutual Funds 581
Educational Tax Benefi ts 590
Savings Account (ESA) 599
Home To Take Courses 607
Special Tax Rules for Senior Citizens and the Disabled 609
Members of the Armed Forces 621
How To Treat Foreign Earned Income 628
Planning Alimony and Marital Settlements 639
Other Taxes 646
Gift and Estate Tax Planning Basics 654
BUSINESS TAX PLANNING 663
Income or Loss From Your Business or Profession 665
Retirement and Medical Plans for Self-Employed 693
Claiming Depreciation Deductions 703
Deducting Car and Truck Expenses 720
Sales of Business Property 734
Figuring Self-Employment Tax 741
FILING YOUR RETURN AND WHAT HAPPENS AFTER YOU FILE 749
Filing Your Return 751
Filing Refund Claims, and Amended Returns 759
If the IRS Examines Your Return 763
2017 SAMPLE TAX FORMS 775
2017 Form 1040 777
Schedule A 779
Schedule B 780
Schedule C 781
Schedule D 783
