J.K. Lasser's 1001 Deductions and Tax Breaks 2021
Your Complete Guide to Everything Deductible
J.K. Lasser

1. Auflage Januar 2021
464 Seiten, Softcover
Wiley & Sons Ltd
Claim tax deductions and credits with confidence using this complete list of tax relief opportunities
It seems that every year your personal tax return gets more and more complicated. What can you claim? What can you deduct? J.K. Lasser's 1001 Deductions and Tax Breaks 2021 offers simple and step-by-step tips on the tax relief available to individual taxpayers just like you. You'll discover how to take advantage - legally - of every available tax deduction and credit out there.
Attorney, expert, and author Barbara Weltman walks you through every single credit and deduction available to you and shows you which forms you need to fill out to claim them. You'll learn:
* How to review your records for deduction and credit opportunities
* Keep the right records and receipts in case the IRS comes calling
* What types of income are tax free
* Which COVID-19-related tax breaks apply to you
* The difference between a deduction and a credit, and why it matters
Whether you're filling out your first tax return ever or your fifty-first, J.K. Lasser's 1001 Deductions and Tax Breaks 2021 will show you easy ways to increase your tax refund and decrease your tax payable on you 2020 return and plan for additional tax savings in 2021.
1. You and Your Family 1
2. Medical Expenses 26
3. Education Costs 73
4. Your Home 109
5. Retirement Savings 144
6. Charitable Giving 180
7. Your Car 207
8. Investing 220
9. Travel 251
10. Real Estate 271
11. Borrowing and Interest 299
12. Insurance and Catastrophes 313
13. Your Job 328
14. Your Business 347
15. Miscellaneous Items 376
Appendix A. Items Adjusted Annually for Inflation 399
Appendix B. Checklist of Tax-Free Items 404
Appendix C. Checklist of Nondeductible Items 408
Index 415