J.K. Lasser Institute

J.K. Lasser's Your Income Tax 2021

Professional Edition

• Gebundenes Buch

Produktbeschreibung

America's most trusted tax reference with the citations professionals needFor more than 65 years, J.K. Lasser's Your Income Tax, Professional Edition has been the smartest guide to professional tax filing and planning available. It pairs the trusted guidance, clear advice, and money-saving tips you'll find in Your Income Tax with the citations of tax authorities professionals need to locate relevant law, IRS rulings, and court decisions. Updated with all the changes relevant to the 2020 tax year, the new edition makes sure you're armed with the latest on how to maximize deductions and shelter income, as well as useful examples of how the latest tax law applies to individual situations.Designed to save you hours of wading through Internal Revenue Code or IRS materials--and presented in a down-to-earth, easily comprehensible style--you'll also find special icons calling out what's new, including the latest laws, rulings, court decisions, filing pointers, and planning strategies. Whatever you need to know as a professional, you'll be able to find it quickly and easily._ Clear, expert answers to tough tax questions_ New and amended laws, court decisions, IRS rulings, and more_ Source literature via citations and references from the Code, courts, and IRS_ The impact of the 2019 SECURE Act and the 2020 CARES ActKeeping up with the latest on tax law is a full-time job--but that doesn't mean you need to do it on top of your full-time job: the experts at J.K. Lasser's Your Income Tax Professional Edition 2021 have done all that work for you--allowing you to concentrate on giving your clients the authoritative, detailed, and reliable advice they expect and need.

Produktdetails

• J.K. Lasser
• Verlag: Wiley / Wiley & Sons
• Artikelnr. des Verlages: 1W119742220
• 2. Aufl.
• Seitenzahl: 1072
• Erscheinungstermin: 30. März 2021
• Englisch
• Abmessung: 57mm x 219mm x 284mm
• Gewicht: 2612g
• ISBN-13: 9781119742227
• Artikelnr.: 59761873

Inhaltsangabe

What's New for 2020 xxviiTax News for 2020 xxviiKey Tax Numbers for 2020 xxxTax-Saving Opportunities for 2020 xxxiiiPayments Resulting from the CARES Act xxxivExpiring Provisions xxxivFiling Basics 1Do You Have to File a 2020 Tax Return? 2Filing Tests for Dependents: 2020 Returns 4Where to File Your 2020 Form 1040 or 1040-SR 5Filing Deadlines (on or before) 6What Forms Do You Need to File? 8Filing Status 9Reporting Your Income 35Wages, Salary, and Other Compensation 37Fringe Benefits 56Dividend and Interest Income 82Reporting Property Sales 110Tax-Free Exchanges of Property 158Retirement and Annuity Income 172IRAs 211Income From Real Estate Rentals and Royalties 260Loss Restrictions: Passive Activities and At-Risk Limits 280Other Income 310Claiming Deductions 335Deductions Allowed in Figuring Adjusted Gross Income 337Claiming the Standard Deduction or Itemized Deductions 343Charitable Contribution Deductions 350Itemized Deduction for Interest Expenses 377Deductions for Taxes 395Medical and Dental Expense Deductions 404Casualty and Theft Losses and Involuntary Conversions 424Other Itemized Deductions 448Travel and Meal Expense Deductions 451Personal Tax Computations 473Dependents 475Figuring Your Regular Income Tax Liability 489Alternative Minimum Tax (AMT) 494Computing the "Kiddie Tax" on Your Child's Unearned Income 502Personal Tax Credits Reduce Your Tax Liability 508Tax Withholdings 532Estimated Tax Payments 539Additional Medicare Tax and Net Investment Income Tax 545Tax Planning 551Tax Savings for Residence Sales 553Tax Rules for Investors in Securities 570Tax Savings for Investors in Real Estate 587Tax Rules for Investors in Mutual Funds 601Educational Tax Benefits 610Special Tax Rules for Senior Citizens and the Disabled 629Members of the Armed Forces 644How To Treat Foreign Earned Income 652Planning Alimony and Marital Settlements 663Other Taxes 670Gift and Estate Tax Planning Basics 676Business Tax Planning 685Income or Loss From Your Business or Profession 687Retirement and Medical Plans for Self-Employed 717Claiming Depreciation Deductions 730Deducting Car and Truck Expenses 747Sales of Business Property 762Figuring Self-Employment Tax 769Filing Your Return and What Happens After You File 779Filing Your Return 781Filing Refund Claims, and Amended Returns 789If the IRS Examines Your Return 7932020 Tax Forms 807Citations of Authority 845Practice Before The IRS 963Glossary 1001Index 1007