A
- Abandonment of home, Abandonment.
- Abortion
-
- Deductibility as medical expense,
- Abroad, citizens traveling or working, Employees of foreign governments or international organizations., Foreign Employer, Travel Outside the United States, Travel Primarily for Business
-
- (see also Citizens outside U.S.)
- (see also Foreign employment)
- Absence, temporary, Temporary absences., Temporary absences.
- Academic period (see name of benefit)
- Accelerated Cost Recovery System (ACRS)
-
- Rental property
-
- Alternative minimum tax, Alternative minimum tax.
- Accelerated death benefits, Accelerated Death Benefits, Exclusion for terminal illness.
- Accident insurance, Accident or Health Plan
-
- Cafeteria plans, Cafeteria plans.
- Long-term care, Long-term care coverage., Long-Term Care Insurance Contracts
- Accidental death benefits, Accidental death benefits.
- Accidents, car, Deductible losses.
-
- Value determination, Car value.
- Willful negligence or intentional act as cause, Nondeductible losses.
- Accountable plans for employee reimbursements, Accountable Plans, Related to employer.
- Accountants
-
- Basis to include fees of, Cost Basis
- CPA review courses, Bar or CPA Review Course
- Preparers of tax returns, Paid Preparer
- Accounting methods, Accounting Methods
-
- Accrual method (see Accrual method taxpayers)
- Cash method (see Cash method taxpayers)
- Change of
-
- Depreciation, to deduct unclaimed amount, Changing your accounting method to deduct unclaimed depreciation.
- Accounting periods, Accounting Periods
-
- Calendar year, When Do I Have To File?, Accounting Periods, Accounting period.
- Change in, standard deduction not allowed, Persons not eligible for the standard deduction.
- Fiscal year, Accounting Periods, Fiscal year taxpayers., Fiscal Years
- Fringe benefits, Accounting period.
- Accrual method taxpayers, Accrual method.
-
- Taxes paid during tax year, deduction of, You must pay the tax during your tax year.
- Accumulation distribution of trusts
-
- Tax on, Other taxes.
- Accuracy-related penalties, Accuracy-related penalty.
- Acknowledgment, Acknowledgment.
- ACRS (Accelerated Cost Recovery System)
-
- Rental property
-
- Alternative minimum tax, Alternative minimum tax.
- Activities not for profit, Activity not for profit.
- Address
-
- Change of, Change of Address
- Correcting label, Correcting the label.
- Foreign, Foreign address.
- Label, Peel-Off Address Label
- No label received, No label.
- P.O. box, P.O. box.
- Service Centers, Mailing your return.
- Adjusted basis, Adjusted Basis, Postponed gain from sale of home.
-
- Decreases to basis, Decreases to Basis
- Depreciation, Depreciation and section 179 deduction.
- Easements, Easements.
- Energy conservation subsidies exclusion, Exclusion of subsidies for energy conservation measures.
- Gifts, Property Received as a Gift
- Home sale (see Sale of home)
- Improvements, Improvements.
- Increases to basis, Increases to Basis
- Local assessments, Assessments for local improvements.
- Sales of property, Adjusted basis.
- Section 179 deduction, Depreciation and section 179 deduction.
- Adjusted gross income (AGI), Education- Related Adjustments
-
- (see also Deductions)
- Business expenses, limit on deduction, 3. Limit on total itemized deductions.
- Charitable contribution deduction limit, 50% Limit, 30% Limit
- Itemized deduction limit, What's New, Reminder
- Medical and dental expenses and limit of deduction, How Much of the Expenses Can You Deduct?, What Tax Form Do You Use?
- Retirement savings contribution credit, Special Rules
- Adjustments, Adjustments and tax preference items.
- Administrators, estate (see Executors and administrators)
- Adopted child, Adopted child., Adopted child., Adopted child., Taxpayer identification numbers for adoptees.
-
- Earned income credit, Adopted child.
- Adoption
-
- ATIN, Adoption taxpayer identification number (ATIN)., Adoption taxpayer identification number (ATIN).
- Child tax credit, Adopted child.
-
- (see also Child tax credit)
- Credit Employer's assistance program, Child with special needs.
- Credits, Personal Expenses, Adoption Credit
-
- Married filing separately, Special Rules
- Taking, When to take the credit.
- Employer assistance, Adoption Assistance
- Employer's assistance program, What's New for 2008
- Exception for adopted child, Exception for adopted child.
- Exemption for child, Personal Expenses
- Expenses not deductible
-
- Foster care prior to, no charitable deduction, Foster parents.
- No charitable deduction for, Personal Expenses
- Foreign child, Foreign child.
- Medical and dental expenses of adopted child, Qualifying Child
- Taxpayer identification number, Adoption taxpayer identification number (ATIN)., Taxpayer identification numbers for aliens.
- Taxpayer identification numbers (TINs), Adoption taxpayer identification number (ATIN).
- Advance earned income credit, Reminders, You can use Form 1040EZ if all of the following apply., Advance Earned Income Credit
-
- Filing requirements (Table 1-3), Figuring tax.
- Age
-
- Children's investments (see Children, subheading: Investment income of child under age 18)
- Form 1040EZ, taxpayer under 65 may use, You can use Form 1040EZ if all of the following apply.
- Gross income and filing requirements (Table 1-1), Introduction
- IRAs
-
- Contribution cutoff at age 70½, Age 70½ rule.
- Distribution prior to age 59½, Age 59½ rule.
- Distribution required at age 70½, IRA owners., Excess Accumulations (Insufficient Distributions)
- Pension distributions required at age 70½, Age 70½.
- Retirement plan recipients over age 75, Who must use the General Rule.
- Roth IRAs, Is there an age limit for contributions?, Must you withdraw or use Roth IRA assets?
- Standard deduction for age 65 or older, Higher Standard Deduction for Age (65 or Older)
- Age test, Age Test
- Agents, Losses on sales or trades of property.
-
- (see also Fiduciaries)
- Income paid to, Payment to an agent.
- Signing return, When someone can sign for you.
- AGI (see Adjusted gross income (AGI))
- Agricultural workers (see Farmworkers)
- Agriculture (see Farming)
- Aircraft
-
- Charitable gift of, deduction for fair market value, Cars, boats, and airplanes.
- Airline club dues
-
- Not entertainment expenses, Club dues and membership fees.
- Airplanes, donations of, Cars, boats, and airplanes.
- Airport transportation
-
- Business-related travel expense, Tax home different from family home.
- Alaska
-
- Standard meal allowance, Standard meal allowance for areas outside the continental United States.
- Alaska Permanent Fund dividends, Alaska Permanent Fund dividend.
-
- Child's dividends, Child's Alaska Permanent Fund dividends.
- Income from, You can use Form 1040EZ if all of the following apply., You can use Form 1040A if all of the following apply., Alaska Permanent Fund dividends.
- Investment income not to include, Investment income.
- Alaska Unemployment Compensation Fund, Contributions to state benefit funds.
- Alcohol rehabilitation centers
-
- Deductibility of medical expense,
- Alcoholic beverages
-
- IRA prohibited transactions in, Collectibles.
- Aliens, Individual taxpayer identification number (ITIN) for aliens., Not earned income.
-
- Dual-status (see Dual-status taxpayers)
- Filing required, Aliens
- Nonresident (see Nonresident aliens)
- Resident (see Resident aliens)
- Alimony, Alimony., Alimony, Introduction, Spouse or former spouse., Payments not alimony., Payments to a third party., Life insurance premiums., Payments for jointly-owned home., Mortgage payments., Taxes and insurance., Other payments to a third party., Instruments Executed After 1984, Exception for instruments executed before 1985., Alimony requirements., Cash payment requirement., Payments to a third party., Payments designated as not alimony., Spouses cannot be members of the same household., Liability for payments after death of recipient spouse., Substitute payments., How To Deduct Alimony Paid, How To Report Alimony Received, Recapture Rule, Including the recapture in income., Deducting the recapture.
-
- Definition of, Introduction
- Mortgage payments
-
- Interest deduction, Divorced or separated individuals.
- Reporting of income, Alimony.
- Alternative filing methods
-
- Electronic (see
E-file
)
- Alternative minimum tax (AMT), Alternative Minimum Tax
-
- Accelerated depreciation and, Alternative minimum tax.
- Child's tax, figuring of, Alternative minimum tax.
- Exempt-interest dividends, Alternative minimum tax treatment.
- Filing requirements (Table 1-3), Figuring tax.
- Incentive stock option, You can use Form 1040A if all of the following apply.
- Nonrefundable credit for prior year tax, Nonrefundable Credit for Prior Year Minimum Tax
- Payments, You can use Form 1040A if all of the following apply.
- Refundable credit for prior year tax, Refundable Credit for Prior Year Minimum Tax
- Alternative motor vehicle credit, Alternative Motor Vehicle Credit
-
- Amount of credit, Amount of credit.
- How to take, How to take the credit., How to take the credit.
- Phaseout, Phaseout of credit.
- Recapture, Recapture of credit.
- Amateur sports organizations
-
- Charitable contributions to, Types of Qualified Organizations
- Ambulance service personnel
-
- Life insurance proceeds when death in line of duty, Public Safety Officer Killed in the Line of Duty
- Amended returns, Amended Returns and Claims for Refund, Form 1040X., Filing Form 1040X.
-
- (see also Form 1040X)
- Itemized deduction, change to standard deduction, Changing your mind.
- Standard deduction, change to itemized deductions, Changing your mind.
- American citizens abroad, U.S. Citizens and Residents Living Outside the United States
-
- (see also Citizens outside U.S.)
- Employment (see Foreign employment)
- American Indians (see Indians)
- American Samoa
-
- Income from, Individuals With Income From U.S. Possessions
- Amortization
-
- Bond premiums, treatment of, Amortization of bond premium.
- AMT (see Alternative minimum tax (AMT))
- Annuities, Rollovers
-
- (see also Rollovers)
- Cost computation, Cost (Investment in the Contract)
- Credit for elderly or disabled persons, Credit for the elderly or the disabled.
- Decedent's unrecovered investment in, Form W-2.
- Early distributions from, Tax on Early Distributions
-
- Deferred annuity contracts, 5% rate on certain early distributions from deferred annuity contracts., Additional exceptions for nonqualified annuity contracts.
- Estimated tax, Withholding and estimated tax.
- Exclusion limit, Exclusion limit.
- Form 1099-R, The 1099 Series
- General Rule
-
- Annuity starting before November 19, 1996, Annuity starting before November 19, 1996.
- Nonqualified plans and qualified plans for recipients over 75 years, Who must use the General Rule.
- Purchased annuities, Purchased annuities.
- Survivor's annuity, Survivors of retirees.
- Guaranteed payments, Guaranteed payments.
- IRAs as, Kinds of traditional IRAs.
- Joint return, Joint return.
- Loans from plan, Loans.
- Lump-sum distributions, Lump-Sum Distributions
- Multiple plan benefits, More than one program., More than one annuity.
- Partly taxable payments, Partly taxable payments.
- Purchased annuities, Purchased annuities.
- Reporting of, How To Report
- Retirement annuities, Retirement Plans, Pensions, and Annuities
-
- (see also Retirement plans)
- Rollovers, Rollovers
- Sale of, Sale of Annuity
-
- Gain as ordinary income, Tax-free exchange.
- Simplified method to calculate tax-free part of annuity payment, Simplified Method
-
- Survivor's annuity, Survivors of retirees.
- Worksheet for computation, How to use the Simplified Method.
- Survivor annuities, Survivors
- Trade of insurance policies and annuities, Insurance policies and annuities.
- Unrecovered investment, Unrecovered Investment in Annuity
- Withholding, Form W-2., Pensions and Annuities, Withholding and estimated tax.
- Annulled marriages
-
- Filing status, Annulled marriages.
- Anthrax incidents (see Terrorist attacks)
- Antiques (see Collectibles)
- Appliances
-
- Deterioration and damage, not casualty loss, Progressive deterioration.
- Appraisal fees, Appraisal Fees
-
- Donated property, Appraisal Fees
- Not deductible as interest, Amounts charged for services.
- Real estate transactions, when required by lender, Settlement costs.
- Appraisals
-
- Casualty or theft losses, Appraisal., Costs of photographs and appraisals.
- Archer MSAs, Medical savings accounts (MSAs).
-
- Contributions, Archer MSA contributions.
- Filing requirements (Table 1-3), Figuring tax.
- Medical expenses paid for decedent from, Decedent
- Not deductible as medical expense,
- Armed forces, VA disability benefits., Types of Qualified Organizations, , Armed Forces reservists.
-
- (see also Reservists)
- (see also Veterans benefits)
- (see also Veterans' organizations)
- Combat zone
-
- Extension to file return, Individuals Serving in Combat Zone
- Signing return for spouse, Spouse in combat zone.
- Dependency allotments, Armed Forces dependency allotments.
- Disability pay, Disability.
- Disability pensions, Military and Government Disability Pensions
- GI Bill benefits, Tuition payments and allowances under the GI Bill.
- Military, Military uniforms.
- Military quarters allotments, Tax-exempt military quarters allowances.
- Naval officers on permanent duty aboard ship, Members of the Armed Forces.
- Permanent duty overseas, Members of the Armed Forces.
- Real estate taxes when receiving housing allowance, Ministers' and military housing allowances., Ministers' and military housing allowance.
- Rehabilitative program payments, Veterans' benefits.
- Reserves, Armed Forces reservists traveling more than 100 miles from home.
- Retirees' pay
-
- Taxable income, Military retirement pay.
- Withholding, Military retirees.
- Uniforms, Military uniforms.
- Wages, Military
- Art works
-
- As capital assets, Capital Assets and Noncapital Assets, Gold, silver, stamps, coins, gems, etc.
- Capital gains or losses from sale or trade of, Investment interest deducted.
- Artists, performing (see Performing artists)
- Assessments, local (see Local assessments)
- Assistance (see Tax help)
- Assistance, tax (see Tax help)
- Assumption of mortgage, Assumption of mortgage.
-
- Fees not included in basis, Settlement costs.
- At-risk rules
-
- Rental property, Limits on Rental Losses, At-Risk Rules
- Athletic events
-
- Charitable contributions, amount deductible, Athletic events.
- ATIN (Adoption taxpayer identification number), Adoption taxpayer identification number (ATIN).
- Attachment of wages, Garnisheed wages.
- Attachments to return, Attachments
- Attorneys
-
- Bar review courses, Bar or CPA Review Course
- Attorneys' fees, Legal Expenses, Personal Legal Expenses
-
- Basis to include, Cost Basis
- Social security and railroad retirement benefits, deductions for, Legal expenses.
- Title to property, for preparation, filing, etc., Settlement costs.
- Audits
-
- Travel expense records, If your return is examined.
- Auto insurance
-
- Medical expenses covered by, not deductible,
- Automatic extension of time to file, Automatic Extension, When to file.
-
- Form 4868,
E-file options.
- Automatic investment services
-
- Holding period, determination of, Automatic investment service.
- Automobiles (see Cars)
- Awards (see Prizes and awards)
- Away-from-home travel (see Travel and transportation expenses)
B
- Babysitting, Babysitting.
- Back pay, award for, Back pay awards.
-
- Emotional distress damages under Title VII of Civil Rights Act of 1964, Court awards and damages.
- Backup withholding, Backup Withholding, Backup withholding., Backup withholding.
-
- Dividend income, Backup withholding., Reporting tax withheld.
- Penalties, Penalties.
- Bad check penalty, Payment not honored.
- Bad debts
-
- Bank deposit, loss due to bank's insolvency or bankruptcy, Nonbusiness bad debt.
-
- Reporting on Schedule D (Form 1040), How to report.
- Claim for refund, Exceptions for special types of refunds., Filing a claim for refund.
- Nonbusiness, Nonbusiness Bad Debts
- Recovery, Recoveries
- Reporting of, How to report bad debts.
- Short-term capital loss, How to report bad debts.
- Baggage
-
- Business-related travel expense, Tax home different from family home.
- Balance due, Refund or balance due.
- Bankruptcy
-
- Canceled debt not deemed to be income, Excluded debt.
- Financial institution's bankruptcy causing deductible loss, Loss on Deposits
-
- Reporting of, Loss on deposits.
- Banks
-
- Automatic investment service, determination of holding period, Automatic investment service.
- IRAs with, When and How Can a Traditional IRA Be Set Up?
- Losses on deposits, when casualty losses, Deposit in Insolvent or Bankrupt Financial Institution, Loss on Deposits
-
- Reporting of, Loss on deposits.
- Money market accounts, Money Market Funds
- Bar associations
-
- Charitable contributions to, Contributions to Nonqualified Organizations
- Bar employees
-
- Tips (see Tip income)
- Bar review courses, Bar or CPA Review Course
- Bargain sales
-
- As charitable contributions, Bargain sales.
- Basis of purchase, Bargain purchases.
- Barter income, Bartering
-
- Definition of bartering, Bartering
- Form 1099-B, The 1099 Series, Form 1099-B from barter exchange.
- Basis
-
- Adjusted basis, Adjusted Basis
- Allocation between business and personal use, Introduction
- Bad debts, Basis in bad debt required.
- Bargain purchases, Bargain purchases.
- Bonds, Stocks and Bonds, Bond premium.
- Cost basis, Useful Items - You may want to see:
-
- IRAs for nondeductible contributions, Cost basis., Partly taxable.
- Definition of, Introduction
- Gifts, Property Received as a Gift
- Home sales (see Sale of home)
- Improvements to real estate, Improvements.
- Inheritance, Inherited Property
- Involuntary conversion, Involuntary Conversions
- Like-kind exchanges, Basis of property received.
- Other than cost, Basis Other Than Cost, Tax-exempt obligations., No gain or loss.
- Points not to be included, Settlement costs., Points.
- Property received for services, Property Received for Services
- Real estate, Real Property
- Restricted property, Restricted property.
- Stock or stock rights, Basis.
- Tax-exempt obligations
-
- Bonds, Tax-exempt obligations.
- Transfers between spouses, Property Transferred From a Spouse, Transfers Between Spouses
- Beetles
-
- Damage or destruction to trees and plants, when casualty loss, Progressive deterioration.
- Beneficiaries, Beneficiary of an estate or trust., Rollover by surviving spouse., Estate and trust income., Losses.
-
- (see also Estate beneficiaries)
- (see also Trust beneficiaries)
- Bequests, Estate and trust income., Losses., Gifts and inheritances., Income from property received as a gift.
-
- (see also Estate beneficiaries)
- (see also Gifts)
- (see also Inheritance)
- Bingo, , Contributions From Which You Benefit
- Birth control pills,
- Birth of child, Death or birth of child.
-
- Head of household, qualifying person to file as, Death or birth., Death or birth.
- Social security number to be obtained, Born and died in 2008.
- Birth of dependent, Death or birth.
- Blackmail
-
- Losses due to, Theft
- Blind persons
-
- Exemption from withholding, Age 65 or older or blind.
- Guide dogs, deductible as medical expense,
- Impairment-related work expenses, deduction for, Impairment-Related Work Expenses
- Standard deduction for, Introduction, Higher Standard Deduction for Blindness
- Blood banks
-
- No charitable deduction for blood donations to, , Value of Time or Services
- Blue books to determine fair market value, Cars, boats, and airplanes.
- Boarding houses, Dwelling unit.
- Boats
-
- Charitable gift of, deduction for fair market value, Cars, boats, and airplanes.
- Donations of, Cars, boats, and airplanes.
- Body scan,
- Bona fide business purpose
-
- Travel expenses, Bona fide business purpose.
- Work-related education, Qualifying Work- Related Education
- Bonds
-
- Adjusted basis for, Stocks and Bonds
- Amortization of premium, Amortization of bond premium., Amortizable Premium on Taxable Bonds
- As capital assets, Capital Assets and Noncapital Assets, Stocks, stock rights, and bonds.
- Convertible bonds, Convertible stocks and bonds.
- Discounted
-
- Capital gain or loss, Discounted Debt Instruments
- Issued at discount, Original Issue Discount (OID)
- Market discount bonds, Market discount bonds.
- Original issue discount, Original Issue Discount (OID)
- Redemption of, Redemption or retirement of bonds.
- Retirement of, Retirement bonds., Redemption or retirement of bonds.
- Sale of, Bonds Sold Between Interest Dates
- Savings, U.S. Savings Bonds, Series HH bonds., Series EE and series I bonds.
- Sold at premium, computation of adjusted basis, Bond premium.
- State or local government, tax-exempt, Tax-exempt state and local government bonds.
- Tax-exempt, State or Local Government Obligations
- Bonuses, Supplemental Wages, Bonuses and awards., Employee awards or bonuses.
- Bookkeeping (see Recordkeeping requirements)
- Books to determine fair market value, Car value.
- Borrowed funds, Loans., Items You Cannot Deduct
-
- (see also Loans)
- Used for charitable contributions, deduction for, Borrowed funds.
- Bottled water,
- Boy Scouts
-
- Charitable contributions to, Examples.,
- Breach of contract
-
- Damages as income, Court awards and damages.
- employment, Damages for Breach of Employment Contract
- Bribes, Bribes., List of Nondeductible Expenses
- Brokers
-
- Form 1099-B, The 1099 Series, Sales and Trades
- IRAs with, When and How Can a Traditional IRA Be Set Up?
- IRAs with:
-
- Commissions, Brokers' commissions., Brokers' commissions.
- Receiving dividends, reporting on Form 1099-MISC, Form 1099-MISC.
- Burglary
-
- Losses due to, Theft
- Burial expenses, List of Nondeductible Expenses (see Funerals)
- Business associates, Meals and Incidental Expenses, Entertainment Expenses
-
- (see also Entertainment expenses)
- Business travel to meet, Transportation Expenses
- Travel expenses of, paying for, Business associate.
- Business expenses, Meals and Incidental Expenses, Entertainment Expenses
-
- (see also Entertainment expenses)
- Job search expenses, Job interview expenses.
- Meal expenses (see Meal and lodging expenses)
- Reimbursements, Expense allowances., Allowances and reimbursements.
-
- Returning excess for business expenses, Expense allowances., Returning Excess Reimbursements
- Travel (see Travel and transportation expenses)
- Work-related education, What Expenses Can Be Deducted
- Business organizations
-
- Charitable contributions to, Contributions to Nonqualified Organizations
- Business property
-
- As gift, adjusted basis for, Business property.
- Basis for depreciation, Basis for depreciation.
- Property use changed to, adjusted basis for, Property Changed From Personal to Business or Rental Use
- Sales or exchanges, Other property transactions.
-
- Like-kind exchanges, Like-kind exchanges.
- Business tax credits
-
- Claim for refund, Exceptions for special types of refunds.
- Business use of home, Home Office
C
- Cafeteria plans, Cafeteria plans.
- Calendar year taxpayers
-
- Accounting periods, When Do I Have To File?, Accounting Periods, Accounting period.
- Filing due date, When Do I Have To File?
- California Nonoccupational Disability Benefit Fund, Contributions to state benefit funds.
- Campaign contributions, Campaign contributions., , Contributions to Nonqualified Organizations
-
- Presidential Election Campaign Fund, Presidential Election Campaign Fund
- Campaign expenses, Campaign Expenses
- Canada
-
- Contributions to charitable organizations in, Certain foreign charitable organizations., Contributions to Nonqualified Organizations
- Resident of, Citizen or Resident Test, Child in Canada or Mexico.
- Cancellation of Debt
-
- Form 1099-C, The 1099 Series
- Cancellation of debt, Canceled Debts
-
- Exceptions to treatment as income, Exceptions
- Candidates for public office
-
- Contributions to, no charitable deduction for, , Contributions to Nonqualified Organizations
- Capital assets
-
- Coal and iron ore, Coal and iron ore.
- Definition of, Capital Assets and Noncapital Assets
- Capital expenses, Capital expenses.
- Capital gains or losses, Capital Gains and Losses, How to report and postpone gain., Reporting Gains and Losses, Tax computation.
-
- Bad debts as short-term capital loss, How to report bad debts.
- Carryover of, Long-term gains and losses., Capital loss carryover.
-
- Worksheet, Figuring your carryover.
- Character of gain, Capital Gains and Losses
- Character of loss, Capital Gains and Losses
- Child's distributions and dividends, reporting of, Child's capital gain distributions., Capital gain distributions and qualified dividends.
- Collectibles, Investment interest deducted.
- Deductions, Capital Losses
-
- Limit on, Limit on deduction.
- Married filing separately, Special Rules
- Distributions, Money Market Funds
- Form 1040 or 1040A to be used, You can use Form 1040A if all of the following apply., How To Report Dividend Income, Capital gain distributions only.
- Hobbies, sales from collections, Hobby losses.
- Holding period, determination of, Holding Period
- How to report, Reporting Capital Gains and Losses
- Installment sales and, Installment sales.
- Lump-sum distributions from pensions and annuities, Capital Gain Treatment
- Mutual funds paying, Capital Gain Distributions
- Net capital gain, Capital Gains and Losses, Long-term gains and losses., Capital Gain Tax Rates
-
- Included as investment income, Choosing to include net capital gain.
- Net long-term capital loss, Long-term gains and losses.
- Sale of personal items, Sale of personal items.
- Sale or trade of property held more than 1 year, Long term or short term., Long-term gains and losses.
- Schedule D, Reporting Capital Gains and Losses
- Section 1250 gains from sale of real property, Capital Gains and Losses, Unrecaptured section 1250 gain.
- State or local government bonds, tax-exempt, Tax-exempt state and local government bonds.
- Tax rates, Capital Gain Tax Rates
- Total net gain, Total net gain or loss.
- Total net loss, Total net gain or loss.
- Undistributed gains, Long-term gains and losses.
-
- Credit for tax on, Undistributed capital gains of mutual funds and REITs., Credit for Tax on Undistributed Capital Gain
- Car expenses, Car expenses.
- Car pools, Car pools.
- Carrybacks
-
- Business tax credit carrybacks, Exceptions for special types of refunds.
- Carryovers
-
- Capital loss, Long-term gains and losses., Capital loss carryover.
-
- Worksheet, Figuring your carryover.
- Charitable contributions, when deduction exceeds adjusted-gross-income limits, Carryovers
- Investment interest, Limit on Deduction
- Cars, Transportation, Transporting school children., Car Expenses and Other Employee Business Expenses, Car Expenses
-
- (see also Standard mileage rates)
- (see also Travel and transportation)
- Accidents resulting in casualty loss, Deductible losses.
-
- Value determination, Car value.
- Willful negligence or intentional act as cause, Nondeductible losses.
- Actual expenses, Car Expenses, Actual Car Expenses
- Advertising displays on, Advertising display on car.
- Allowances from employers, Per Diem and Car Allowances
- As capital assets, Capital Assets and Noncapital Assets
- Blue book to determine fair market value, Cars, boats, and airplanes.
- Books to determine fair market value, Car value.
- Business and personal use, allocation between, Business and personal use., Separating expenses.
- Business-related travel expenses, Tax home different from family home.
- Car pools, Car pools.
- Charitable gift of, deduction for fair market value, Cars, boats, and airplanes.
- Charitable organization service, use for, Car expenses.
- Depreciation, Depreciation and section 179 deductions.
- Donations of, Cars, boats, and airplanes.
- Electric vehicles (see Electric cars)
- Employer-provided, Employer-Provided Vehicles
- Fixed and variable rate (FAVR), Fixed and variable rate (FAVR).
- Form 2106 or 2106-EZ, how to fill out, Car expenses.
- Hauling tools or instruments, Hauling tools or instruments.
- Interest on loans, not deductible, Personal Interest
- Leased vehicles, Leasing a car.
- Medical transportation, , Transportation, Car expenses.
- Parking (see Parking fees)
- Personal property taxes on, deduction of, Personal Property Taxes
- Reporting of, How To Report
-
- Table 26-3 showing forms to be used, Per diem allowance more than federal rate.
- Sale, trade-in, or other disposition, Sale, Trade-In, or Other Disposition
- Section 179 deductions, Depreciation and section 179 deductions.
- Work-related education, transportation for, Using your car.
- Cash
-
- Dividends paid as, Introduction
- Rebates, Cash rebates.
- Sales of property for, Payment of cash.
- Cash contributions, records to keep, Cash Contributions
- Cash method taxpayers, Cash method.
-
- Bad debts, Basis in bad debt required.
- Points, deduction of, Deduction Allowed in Year Paid
- Real estate transactions, tax allocation, Division of real estate taxes between buyers and sellers.
- Taxes paid during tax year, deduction of, You must pay the tax during your tax year.
- Worthless securities and negotiable promissory notes, Worthless securities.
- Cash rebates, Cash rebates.
- Casualties, Home destroyed or condemned.
- Casualty insurance
-
- Premiums not in property basis, Settlement costs.
- Reimbursements from, Casualty insurance and other reimbursements.
- Casualty losses, Nonbusiness Casualty and Theft Losses, Net operating loss (NOL)., Certain Casualty and Theft Losses, Certain Casualty and Theft Losses
-
- Adjusted basis in property, Casualty and theft losses., Involuntary Conversions, Adjusted Basis, Adjustments to basis.
- Amount of loss, Figuring a Loss
- Appraisals, Appraisal., Costs of photographs and appraisals.
- Bank deposit, loss due to bank's insolvency or bankruptcy, Casualty loss or ordinary loss.
- Costs
-
- Cleaning up or making repairs, Cost of cleaning up or making repairs.
- Photographs and appraisals, Costs of photographs and appraisals.
- Deductible losses, Deductible losses.
-
- $100 rule, $100 Rule
- When to take (Table 25-2), Gains more than losses.
- Deduction limits, Deduction Limits
-
- For personal property (Table 25-1), Actual reimbursement same as expected.
- Definition of casualty, Casualty
- Disasters, Employer's emergency disaster fund., Disaster relief.
-
- (see also Disaster relief)
- Employer's emergency disaster fund, Employer's emergency disaster fund.
- Fair market value of property, Decrease in Fair Market Value
- Form 4684 to be filed, Forms to file.
- Insurance proceeds, treatment of, Insurance and Other Reimbursements
- Net operating losses, Net operating loss (NOL).
- Nondeductible losses, Deductible losses.
- Proof of loss, Casualty loss proof.
- Property used partly for business and partly for personal purposes, Property used partly for business and partly for personal purposes.
- Reimbursement, Insurance and Other Reimbursements
- Reporting of gain or loss, When To Report Gains and Losses, Losses., How To Report Gains and Losses
- Single casualty on multiple properties, Single Casualty on Multiple Properties
- Cell phone, Depreciation on Computers or Cell Phones
- Cemeteries
-
- Charitable contributions to, Types of Qualified Organizations
- Certificate, mortgage credit, Who qualifies.
- Certificates of deposit (CDs), Certificates of deposit (CDs)., Individual Retirement Arrangements (IRAs)
-
- (see also Individual retirement arrangements (IRAs))
- Chambers of commerce
-
- Charitable contributions to, , Contributions to Nonqualified Organizations
- Entertainment expenses for attending meetings, Trade association meetings.
- Change of address, Change of Address
- Change of name, Name change., Name changed.
- Chaplains
-
- Life insurance proceeds when death in line of duty, Public Safety Officer Killed in the Line of Duty
- Charitable contributions, Contributions, How To Report
-
- $500 or more noncash contribution
-
- Form 8283 to be used, How To Report
- Bargain sales as, Bargain sales.
- Benefit received as result of contribution, Contributions From Which You Benefit, Contributions From Which You Benefit
- Capital gain property as donation, Capital gain property.
-
- Limit on deduction, 50% Limit, 30% Limit, 20% Limit
- Carryover of excess deduction, Carryovers
- Deductions
-
- 30% limit of adjusted gross income, 30% Limit
- 50% limit of adjusted gross income, 50% Limit
- Examples of (Table 24-1), Organizations That Qualify To Receive Deductible Contributions
- Limits on, Contributions You Can Deduct, Limits on Deductions
- Year to claim deduction, When To Deduct
- Definition of, Introduction
- Fair market value of property contributions, Contributions You Can Deduct, Determining Fair Market Value, Amount of deduction — general rule.
-
- Recordkeeping requirements, Additional records.
- Gifts to reduce public debt, Gift To Reduce Debt Held by the Public
- Itemized deductions, limit on, Reminders
- Large quantities of items, Large quantities.
- Noncash contributions, recordkeeping requirements, Noncash Contributions
- Nonqualified organizations, Contributions to Nonqualified Organizations
- Not deductible, Contributions You Cannot Deduct
- Ordinary income property as donation, Ordinary income property.
- Property contributions, Contributions of Property
-
- Decreased in value, Giving Property That Has Decreased in Value
- Increased in value, Giving Property That Has Increased in Value
- Publication 78, list of qualified organizations, Organizations That Qualify To Receive Deductible Contributions
- Qualified organizations, Organizations That Qualify To Receive Deductible Contributions
-
- Types of, Types of Qualified Organizations
- Written statement from, Written statement.
- Schedule A (Form 1040) to be used for deductions, How To Report
- Time of making contribution, how to determine, Time of making contribution.
- To individuals, not deductible, , Contributions to Individuals
- Token items given by recipients, Token items.
- Charitable deduction for living expenses, Student living with you.
- Charity benefit events
-
- Deduction amount for charitable contributions, Charity benefit events.
- Check-writing fees, Check-Writing Fees on Personal Account
- Checklists
-
- Medical and dental expense deductions (Table 21-1), Medicare A.
- Checks
-
- As charitable contributions, Checks.
- Canceled checks as evidence of travel expenses, Canceled check.
- Constructive receipt of, Check received or available.
- Payment of tax, Check or money order.
- Penalty if not honored, Payment not honored.
- Child and dependent care credit, You can use Form 1040A if all of the following apply.
-
- Due diligence, Getting the information.
- Earned income, Earned income.
- Full-time student, Rule for student-spouse or spouse not able to care for self.
- Married filing separately, Special Rules
- Payments to relatives, Payments to Relatives or Dependents
- Child born alive, Child born alive.
- Child care
-
- Babysitting, Babysitting.
- Care providers, Childcare providers.
- Credit (see Child and dependent care credit)
- Expenses, Child care expenses.
- Nursing care for healthy baby, not deductible as medical expense,
- Child custody, Custodial parent and noncustodial parent.
- Child support, Child support payments.
-
- Alimony, difference from, Payments not alimony., Alimony requirements., Child support.
- Child support under pre-1985 agreement, Child support under pre-1985 agreement.
- Child tax credit, Who Should File, You can use Form 1040A if all of the following apply., Child tax credit., Child Tax Credit, Checking Your Withholding
-
- Additional credit, Additional Child Tax Credit
- Amount of credit, Amount of Credit
- Claiming, procedure for, Claiming the Credit
- Form 8812, completed, How to claim the additional child tax credit.
- Limits, Special Rules, Limits on the Credit
-
- Modified adjusted gross income, Modified AGI.
- Married filing separately, Special Rules
- Qualifying child, Qualifying Child
- Withholding, checking amount, Checking Your Withholding
- Child, qualifying, Qualifying Child
- Childcare
-
- Credit, Child and Dependent Care Credit
- Provider
-
- Taxpayer identification number, Provider Identification Test
- Children, Adoption Assistance, Personal Expenses
-
- (see also Adoption)
- Additional credit on child tax credit, Additional Child Tax Credit
- Adoption (see Adopted child)
- Babysitters, Babysitting.
- Birth of child
-
- Head of household, qualifying person to file as, Death or birth., Death or birth.
- Social security number to be obtained, Born and died in 2008.
- Care providers, Childcare providers.
-
- (see also Child care)
- Child's tax, figuring of, Step 3. Figuring the Child's Tax (Form 8615, Part III)
-
- Alternative minimum tax, Alternative minimum tax.
- Credit for, Who Should File, You can use Form 1040A if all of the following apply.
-
- (see also Child and dependent care credit)
- (see also Child tax credit)
- Custody of, Custodial parent and noncustodial parent.
- Death of child
-
- Head of household, qualifying person to file as, Death or birth., Death or birth.
- Deductions, Line 2 (deductions).
- Dividends of (see
this heading: Investment income of child under age 18) (see
this heading: Investment income of child under age 18)
- Earnings of, Child's earnings.
- Filing requirements, Child's earnings.
-
- As dependents (Table 1-2), Do I Have To File a Return?
- Gifts to, Income from property given to a child., Income from property received as a gift.
- Inclusion of child's income on parents's return (Figure 31-A), Penalty for underpayment of estimated tax.
- Income, calculation of, Figuring Child's Income
-
- Capital gains distributions, Capital gain distributions and qualified dividends.
- Investment income of certain children, What's New, Introduction, Illustrated Example
-
- Form 8615, use of (Figure 31-B),
- Investment income defined, Investment income defined.
- Parental information, providing of, Providing Parental Information (Form 8615, lines A–C)
- Parents' election to report on Form 1040, Parent's Election To Report Child's Interest and Dividends
- Trust income, Trust income.
- Investment income of child under age 18
-
- Dependent filing requirements (Table 1-2), Do I Have To File a Return?
- Interest and dividends, Certain Children Under Age 19 or Full-Time Students, You can use Form 1040A if all of the following apply.
- Parents' election to report on Form 1040, Certain Children Under Age 19 or Full-Time Students, Investment income of child reported on parent's return.
- Kidnapped, Kidnapped child.
- Net investment income, figuring of, Step 1. Figuring the Child's Net Investment Income (Form 8615, Part I)
- Nontaxable income, Nontaxable income.
- Property received as gift, income from, Income from property received as a gift.
- Signing return, parent for child, Spouse unable to sign.
- Standard deduction for, Introduction, Standard Deduction for Dependents
- Stillborn, Stillborn child.
- Support of (see Child support)
- Tax credit (see Child tax credit)
- Tentative tax figured at parent's tax rate, Step 2. Figuring Tentative Tax at the Parent's Tax Rate (Form 8615, Part II)
- Transporting school children, Transporting school children.
- Children:
-
- Investment income of, Tax on investment income of certain children., Tax on investment income of certain children.
- Kidnapped, Kidnapped child.
- Chronic illness
-
- Accelerated payment of life insurance proceeds (see Accelerated death benefits)
- Long-term care (see Long-term care insurance contracts)
- Church employees
-
- Filing requirements (Table 1-3), Figuring tax.
- Churches, temples, etc.
-
- Charitable contributions to, Examples.,
-
- 50% limit on deduction, 50% limit organizations.
- Convention delegates, deduction of unreimbursed expenses, Conventions.
- Citizen or resident test, Citizen or Resident Test
- Citizens outside U.S.
-
- Business travel outside U.S., Travel Outside the United States, Travel Primarily for Business, Travel Primarily for Personal Reasons
-
- Self-employed persons, Exception 1 - No substantial control.
- Standard meal allowance, Standard meal allowance for areas outside the continental United States.
- Earned income exclusion, Reminders
- Employment (see Foreign employment)
- Extension of time to file, Individuals Outside the United States
- Filing requirements, U.S. Citizens and Residents Living Outside the United States
- Withholding from IRA distributions, IRA distributions delivered outside the United States.
- Civic associations
-
- Charitable contributions to, Contributions to Nonqualified Organizations
- Contributions to, no charitable deduction for,
- Civil defense organizations
-
- Charitable contributions to, Examples.
- Civil service retirement benefits, Civil service retirement benefits.
- Civil suits, Court awards and damages.
-
- (see also Damages from lawsuits)
- Civil tax penalties (see Penalties)
- Clergy, Ministers.
-
- Contributions that can be spent as individual wishes, not deductible charitable contribution, Contributions to Individuals
- Housing, Clergy
-
- Real estate taxes when receiving housing allowance, Ministers' and military housing allowances., Ministers' and military housing allowance.
- Life insurance proceeds when chaplain died in line of duty, Public Safety Officer Killed in the Line of Duty
- Pensions, Pension.
- Special income rules, Clergy
- Clerical help, deductibility of, Clerical Help and Office Rent
- Clients, Meals and Incidental Expenses, Entertainment Expenses
-
- (see also Entertainment expenses)
- Business travel to meet, Transportation Expenses
- Travel expenses of, paying for, Business associate.
- Closing costs
-
- Real property transactions, Settlement costs.
- Sale of home, Settlement fees or closing costs.
- Clothing
-
- Military, Military uniforms.
- Moth damage, not casualty loss, Progressive deterioration.
- Uniforms
-
- Charitable organization requiring, deduction for cost and upkeep of, Uniforms.
- Used clothing, charitable deduction for fair market value, Used clothing and household items.
- work, Work Clothes and Uniforms
- Club dues and membership fees
-
- Entertainment expenses, Club dues and membership fees.
- Co-owners
-
- Dwelling unit used as home by co-owner, rental income and expense allocation, Shared equity financing agreement.
- Coal and iron ore, Coal and iron ore.
- Coins (see Collectibles)
- Collectibles
-
- As capital assets, Capital Assets and Noncapital Assets, Gold, silver, stamps, coins, gems, etc.
- Gains or losses from sale or trade of, Investment interest deducted.
- IRA investment in, Investment in Collectibles, Exception.
- Collective bargaining agreements, Union agreements.
- College professor
-
- Research expenses, Research Expenses of a College Professor
- Colleges and universities
-
- Charitable contributions to, Examples.,
-
- 50% limit on deduction, 50% limit organizations.
- Athletic events, amount deductible, Athletic events.
- Education costs, Qualified tuition programs (QTPs).
-
- (see also Qualified tuition programs)
- Employer-provided educational assistance, Qualified Education Expenses
-
- (see also Educational assistance)
- Combat zone
-
- Extension to file return, Individuals Serving in Combat Zone
- Signing return for spouse, Spouse in combat zone.
- Comments on publication, Comments and suggestions.
- Commission drivers
-
- Deduction of expenses, Statutory employees.
- Commissions, Supplemental Wages
-
- Advance, Advance commissions and other earnings.
- IRAs with brokers, Brokers' commissions., Brokers' commissions.
- Property basis to include when buyer pays, Settlement costs.
- Sharing of (kickbacks), Kickbacks.
- Unearned, deduction for repayment of, Advance commissions and other earnings.
- Commodities
-
- Derivative financial instruments, Capital Assets and Noncapital Assets
- Common law marriage, Considered married.
- Communist organizations
-
- Charitable contributions to, Contributions to Nonqualified Organizations
- Community property, Community income., Community property., Community property.
-
- Alimony, difference from, Payments not alimony.
- IRAs, Community property laws.
- Married filing separately, Community property states.
- Medical and dental expenses, Community property states.
- Commuting expenses, Commuting expenses., Commuting Expenses
-
- Employer-provided commuter vehicle, Commuter highway vehicle.
- Compensation, Wages, Salaries, and Other Earnings
-
- (see also Wages and salaries)
- Defined for IRA purposes, What is compensation?
- Defined for Roth IRA purposes, Compensation.
- Employee, Employee Compensation
- Miscellaneous compensation, Miscellaneous Compensation
- Nonemployee, Nonemployee compensation.
- Computation of tax, Computations
-
- Equal amounts, Equal amounts.
- Negative amounts, Negative amounts.
- Rounding off dollars, Rounding off dollars.
- Computer, Depreciation on Computers or Cell Phones
- Condemnation of property, Home destroyed or condemned., Condemnations.
-
- Basis computation, Involuntary Conversions
- Disaster areas, government-ordered demolition of unsafe home, Deductible losses.
- Period of ownership and use, Previous home destroyed or condemned.
- Confidential information
-
- Privacy Act and paperwork reduction information, Reminders
- Travel expenses and, Confidential information.
- Conservation
-
- Charitable contribution to promote, recordkeeping requirement, Qualified Conservation Contribution
- Qualified contribution, Qualified Conservation Contribution
- Constructive receipt of income, Constructive receipt., Payment to an agent., Constructive receipt.
- Contributions, Gift To Reduce Debt Held by the Public, Campaign contributions., Contributions, , Contributions to Nonqualified Organizations, How To Report
-
- (see also Campaign contributions)
- (see also Charitable contributions)
- Nontaxable combat pay, Nontaxable combat pay., Nontaxable combat pay.
- Political, Political Contributions
- Reservist repayments, Qualified reservist repayments.
- Retirement (see
specific type of plan
)
- Controlled corporations
-
- Nontaxable stock purchase of, Property for stock of a controlled corporation.
- Related party transactions, Losses on sales or trades of property.
- Conventions
-
- Delegates
-
- Deduction of unreimbursed expenses, Conventions.
- Travel expenses, Conventions
- Travel expenses, Conventions
- Work-related education, deduction of travel expenses for overseas conventions, Cruises and conventions.
- Conversion (see
specific retirement or IRA plan
)
- Convertible stocks and bonds, Convertible stocks and bonds.
- Cooperative housing
-
- Dwelling unit used as home, Introduction
- Mortgage interest statements, Form 1098, Mortgage Interest Statement
- Real estate taxes, deduction of, Tenant-shareholders in a cooperative housing corporation.
- Sale or trade of
-
- Form 1099-S to report, Form 1099-S transactions.
- Period of ownership and use, Cooperative apartment.
- Cooperatives
-
- Patronage dividends, Patronage dividends.
- Copyrights, Capital Assets and Noncapital Assets
-
- Infringement damages, Court awards and damages.
- Royalties, Royalties
- Corporations, S Corporation Income
-
- (see also S corporations)
- Controlled corporations, Property for stock of a controlled corporation., Losses on sales or trades of property.
- Director fees as self-employment income, Corporate director.
- Reorganizations and nontaxable trade of stock, Corporate reorganizations.
- Corrections (see Errors)
- Cosmetic surgery
-
- Not deductible as medical expense,
- Cosmetics
-
- Not deductible as medical expense,
- Cost basis, Useful Items - You may want to see:
-
- IRAs for nondeductible contributions, Cost basis., Partly taxable.
- Cost-of-living allowances, Government cost-of-living allowances.
- Country clubs
-
- Charitable contributions to, Contributions to Nonqualified Organizations
- Dues
-
- Charitable deduction not allowed, , Membership fees or dues.
- Entertainment expense deduction not allowed, Club dues and membership fees.
- Coupon bonds, Coupon bonds.
- Court awards and damages (see Damages from lawsuits)
- Cousin, Cousin.
- Coverdell ESAs
-
- Additional tax on, Other taxes.
- Filing requirements (Table 1-3), Figuring tax.
- CPAs (see Accountants)
- Credit card payment of taxes
-
- Estimated tax, How To Pay Estimated Tax, Pay Electronically
- Credit cards
-
- Annual fees, not deductible, Items You Cannot Deduct
- Benefits, taxability of insurance, Credit card insurance.
- Charitable contributions charged to, Credit card.
- Finance charges, not deductible, Personal Interest
- Payment of taxes, Reminders,
E-file and pay by credit card., Credit card.
-
- Convenience fee of service providers, Credit card.
- Installment agreements, Installment Agreement
- Credit for child and dependent care expenses, Credit for child and dependent care expenses., Credit for child and dependent care expenses.
- Credit for prior year minimum tax
-
- Nonrefundable, Nonrefundable Credit for Prior Year Minimum Tax
- Credit for prior year minimum tax:
-
- Refundable, Refundable Credit for Prior Year Minimum Tax
- Credit for the elderly or the disabled, Credit for the elderly or the disabled., Credit for the elderly or the disabled.
-
- Nontaxable payments, Nontaxable payments.
- Credit reports
-
- Costs not included in property basis, Settlement costs.
- Fees for, not deductible, Items You Cannot Deduct
- Credit to holders of tax credit bonds, Credit to Holders of Tax Credit Bonds
- Credits, Credits., Earned income credit., Credit for child and dependent care expenses., Credit for the elderly or the disabled., Earned income credit., Credit for child and dependent care expenses., Credit for the elderly or the disabled., Earned income credit.
-
- Alternative motor vehicle credit (see Alternative motor vehicle credit)
- Capital gains, undistributed, credit for tax on, Undistributed capital gains of mutual funds and REITs., Credit for Tax on Undistributed Capital Gain
- Changing claim, Amended Returns and Claims for Refund
- Child and dependent care, Child and Dependent Care Credit (see Child and dependent care credit)
- Child tax (see Child tax credit)
- Clean renewable energy bonds (see Credit to holders of tax credit bonds)
- Earned income, Earned Income Credit (see Earned income credit)
- Education (see Education credits)
- Empowerment zone and renewal community employment credit, Credits.
- Excess withholding of social security and railroad retirement tax (see Excess withholding credit)
- For the disabled, Credit for the Elderly or the Disabled
- For the elderly, Credit for the Elderly or the Disabled
- Foreign tax (see Foreign tax credit)
- Gulf tax credit bonds (see Credit to holders of tax credit bonds)
- Health coverage tax (see Health coverage tax credit)
- Hope scholarship, Special Rules
- Lifetime learning (see Lifetime learning credit)
- Mortgage interest (see Mortgage interest credit)
- Nonfundable credits, Nonrefundable Credits
- Other than those on Form 1040A, Form 1040 to be used, You must use Form 1040 if any of the following apply.
- Prior year minimum tax (AMT), nonrefundable, Nonrefundable Credit for Prior Year Minimum Tax
- Prior year minimum tax (AMT), refundable, Refundable Credit for Prior Year Minimum Tax
- Recovery rebate, Recovery Rebate Credit
- Refundable credits, Refundable Credits
- Residential energy credits (see Residential energy credit)
- Retirement savings contribution (see Retirement savings contribution credit)
- Credits:
-
- First-time homebuyer, First-Time Homebuyer Credit
- Cremation
-
- Not deductible as medical expense,
- Criminal prosecutions
-
- Travel expenses for federal staff, Exception for federal crime investigations or prosecutions.
- Cruises
-
- Travel expenses when incidental business activities, Trip Primarily for Personal Reasons
- Work-related education, deduction of expenses, Cruises and conventions.
- Custodial fees, Investment Fees and Expenses
- Custody of child, Custodial parent and noncustodial parent.
- Customers, Meals and Incidental Expenses, Entertainment Expenses
-
- (see also Entertainment expenses)
- Business travel to meet, Transportation Expenses
- Travel expenses of, paying for, Business associate.
D
- Daily allowance (see Per diem)
- Damage to property, Nonbusiness Casualty and Theft Losses
-
- (see also Casualty losses)
- Disasters, Employer's emergency disaster fund., Disaster relief.
-
- (see also Disaster relief)
- Damages, Damages for Breach of Employment Contract
- Damages from lawsuits, Court awards and damages.
-
- Medical expenses as part of settlement, Damages for Personal Injuries
- Dating your return, Signatures
- Daycare centers, You can use Form 1040A if all of the following apply., Childcare providers., Care outside your home.
-
- (see also Child and dependent care credit)
- (see also Child care)
-
De minimis benefits,
De Minimis (Minimal) Benefits
- Deadlines (see Due dates)
- Death (see Decedents)
- Death benefits
-
- Accelerated, Accelerated Death Benefits, Exclusion for terminal illness.
- Life insurance proceeds (see Life insurance)
- Public safety officers who died or were killed in line of duty, tax exclusion, Public Safety Officer Killed in the Line of Duty
- Death of child, Death or birth of child.
- Death of dependent, Death or birth.
- Debt instruments (see Bonds or Notes)
- Debts, Exceptions for special types of refunds., Recoveries
-
- (see also Bad debts)
- Canceled (see Cancellation of debt)
- Nonrecourse, Mortgage relief upon sale or other disposition.
- Paid by another, Debts paid for you.
- Payoff of debt included in sales transaction, Debt paid off.
- Public, gifts to reduce, Gift To Reduce Debt Held by the Public
- Recourse, Mortgage relief upon sale or other disposition.
- Refund offset against, Refunds., Offset against debts.
- Deceased taxpayers (see Decedents)
- Decedents, Surviving Spouses, Executors, Administrators, and Legal Representatives
-
- (see also Executors and administrators)
- Capital loss of, Decedent's capital loss.
- Deceased spouse, Surviving Spouses, Executors, Administrators, and Legal Representatives
-
- Personal exemption, Death of spouse.
- Due dates, Filing for a decedent.
- Filing requirements, Surviving Spouses, Executors, Administrators, and Legal Representatives
- Funeral expenses, Contributions to Individuals
- Medical and dental expenses, Decedent
- Savings bonds, Decedents.
- Spouse's death, Spouse died., Spouse died during the year.
- Standard deduction, Decedent's final return.
- Transfer of property at death, Other property transactions.
- Declaration of rights of taxpayers
-
- IRS request for information, Reminders
- Deduction
-
- Costs of discrimination suits, Deduction for costs involved in unlawful discrimination suits.
- Deductions, Special Rules, Personal Exemptions and Dependents, What's New, Your Own Exemption, Phaseout of Exemptions, Recoveries, Nonbusiness Bad Debts, How to report bad debts., Capital Losses, Introduction, Standard Deduction, Points, Treatment by buyer., Meals and Incidental Expenses, Entertainment Expenses
-
- (see also Bad debts)
- (see also Capital losses)
- (see also Entertainment expenses)
- (see also Personal exemption)
- (see also Points)
- (see also Recovery of amounts previously deducted)
- (see also Standard deduction)
- Alimony, deductible by payer, How To Deduct Alimony Paid
- Business expenses (see Business expenses)
- Casualty losses, Certain Casualty and Theft Losses (see Capital losses)
- Changing claim after filing, need to amend, Amended Returns and Claims for Refund
- Charitable contributions, Contributions, How To Report
-
- (see also Charitable contributions)
- Dental expenses (see Medical and dental expenses)
- Depreciation, Depreciation and section 179 deduction.
- Estate, Excess Deductions of an Estate
- Fee-basis government officials, Special Rules
- Impairment-related work expenses, Impairment-Related Work Expenses, Impairment-related work expenses of disabled employees.
- Interest (see Interest payments)
- Investment expenses, Investment expenses.
- IRA contributions (see Individual retirement arrangements (IRAs))
- Itemizing (see Itemized deductions)
- Jury duty pay you gave to your employer, You can use Form 1040A if all of the following apply.
- Long-term care insurance contracts,
- Medical expenses (see Medical and dental expenses)
- Mortgage interest (see Mortgages)
- Not itemizing, use of Form 1040A, You can use Form 1040A if all of the following apply.
- Pass-through entities, Indirect Deductions of Pass-Through Entities
- Penalties, no deduction permitted, Penalties.
- Penalty on early withdrawal of savings, You can use Form 1040A if all of the following apply.
- Performing artists' expenses, Expenses of certain performing artists.
- Prepaid insurance premiums, Prepaid insurance premiums.
- Prescription medicines,
- Rental expenses, When to deduct., Property Not Used as a Home
- Repayments, Repayments
- Section 179 deductions
-
- Adjustment to basis for, Depreciation and section 179 deduction.
- Car expenses, Depreciation and section 179 deductions.
- Self-employed persons
-
- Health insurance premiums, Health Insurance Costs for Self-Employed Persons
- Social security and railroad retirement benefits, Deductions Related to Your Benefits
- Standard deduction, Standard Deduction, Married persons who filed separate returns.
- Stop-smoking programs,
- Student loan interest deduction (see Student loans)
- Theft loss, Certain Casualty and Theft Losses
- Transportation expenses (see Travel and transportation expenses)
- Union dues (see Labor unions)
- Work-related education, What Expenses Can Be Deducted
- Deductions:
-
- Educator expenses, Educator Expenses
- Tuition and fees (see Tuition)
- Deeds
-
- Preparation costs for, Amounts charged for services.
- Recording fees, basis to include, Real estate taxes.
- Deferred annuity contracts (see Annuities)
- Deferred compensation
-
- Limit, Elective deferrals.
- Nonqualified plans, Nonqualified deferred compensation plans.
- Deferred compensation plans (see Retirement plans)
- Delinquent taxes
-
- Real estate transactions, tax allocation, Real estate taxes for prior years.
- Delivery services, Reminders, Private delivery services.
-
- Business-related travel expense, Tax home different from family home.
- Demutualization of life insurance companies, Demutualization of life insurance companies.
- Dental expenses (see Medical and dental expenses)
- Dentures
-
- Deductibility as medical expense,
- Dependent care
-
- Benefits, Dependent care benefits., Dependent Care Benefits
- Center, Dependent care center.
- Credit for, Child and Dependent Care Credit
- Dependent taxpayer test, Dependent Taxpayer Test
- Dependent's education expenses, claiming
-
- Education credit, Who Can Claim a Dependent's Expenses, Tuition reduction.
- Dependents, Who Should File, You can use Form 1040A if all of the following apply., Exception for adopted child.
-
- (see also Child tax credit)
- Birth of, Death or birth.
- Born and died within year, Exception., Born and died in 2008.
- Death of, Death or birth.
- Deceased dependent's medical and dental expenses, What if you pay medical expenses of a deceased spouse or dependent?
- Disabled dependent care expenses, deduction for, Disabled Dependent Care Expenses
- Exemption for, Exemptions for Dependents, Multiple support agreement.
- Filing requirements, Child's earnings.
-
- Earned income, unearned income, and gross income levels (Table 1-2), Do I Have To File a Return?
- Married, filing joint return, Joint Return Test
- Medical and dental expenses of, Dependent
- Qualifying child, Qualifying Child, Qualifying Child
- Qualifying relative, Qualifying Relative, Qualifying Child
- Social security number, Dependent's social security number., Phaseout of Exemptions
-
- Adoption taxpayer identification number, Adoption taxpayer identification number (ATIN)., Taxpayer identification numbers for aliens.
- Alien dependents, Born and died in 2008.
- Standard deduction for, Standard Deduction for Dependents
- Travel expenses for, Travel expenses for another individual.
- Dependents not allowed to claim dependents, Dependent Taxpayer Test
- Dependents:
-
- Tuition deduction for, Who Can Claim a Dependent's Expenses
- Depletion allowance, Depletion.
- Deposits, Fees and deposits.
-
- Loss on, Loss on Deposits
- Losses on, Deposit in Insolvent or Bankrupt Financial Institution, Loss on Deposits
-
- Reporting of, Loss on deposits.
- Depreciation
-
- Adjustment to basis for, Depreciation and section 179 deduction.
- Alternative minimum tax and accelerated depreciation, Alternative minimum tax.
- Cars, Depreciation and section 179 deductions.
- Cell phone, Depreciation on Computers or Cell Phones
- Change of use of property, Basis for depreciation.
- Computer, Depreciation on Computers or Cell Phones
- Correcting amount claimed, Claiming the correct amount of depreciation.
- Form 4562
-
- Rental property depreciation, Depreciation
- Home computer, Depreciation on Home Computer
- Property used in trade or business, as noncapital assets, Capital Assets and Noncapital Assets
- Real property
-
- Gain from disposition of property, Gain from disposition., Depreciation after May 6, 1997.
- Land, no depreciation of, Land.
- Rental property, Depreciation., Depreciation
- Designated Roth Account
-
- Defined., Designated Roth accounts.
- Designated Roth account, Designated Roth accounts., Designated Roth accounts.
- Destroyed records, Destroyed records.
- Diagnostic medical tests, What's New
- Diaper service,
- Direct deposit of refunds, Refunds
- Directors' fees, Corporate director.
- Disabilities, persons with, Qualifying Person Test, Physically or mentally not able to care for oneself.
-
- Accrued leave payment, Accrued leave payment.
- Armed forces, Disability.
- Blind (see Blind persons)
- Cafeteria plans, Cafeteria plans.
- Credit for, Credit for the Elderly or the Disabled (see Elderly or disabled, credit for)
- Dependent who is disabled, deduction for care expenses, Disabled Dependent Care Expenses
- Guide dogs, deductible as medical expense,
- Impairment-related work expenses of, Impairment-Related Work Expenses, Impairment-related work expenses of disabled employees.
-
- Work-related education, Impairment-Related Work Expenses
- Income, Disability Pensions
- Insurance costs, Cost paid by you.
- Military and government pensions, Military and Government Disability Pensions
- Public assistance benefits, Persons with disabilities.
- Reporting of disability pension income, How to report.
- Retirement, pensions, and profit-sharing plans, Disability income., Retirement and profit-sharing plans.
- Signing of return by court-appointed representative, Unable to sign.
- Social security and railroad retirement benefits, deductions for, Disability payments.
- Special school or home for, deductibility of medical expense,
- Terrorist attack as cause of injury, disability payments excluded from taxation, Disability pensions.
- Workers' compensation, Workers' Compensation
- Disability
-
- Income, Disability income.
- Disability benefits
-
- Earned income credit, Form 4029.
- Disability insurance payments
-
- Earned income credit, Disability insurance payments.
- Disability, permanent and total disability, Permanent and total disability.
- Disabled:
-
- Child, Permanently and totally disabled.
- Dependent, Disabled dependent working at sheltered workshop.
- Disaster Assistance Act of 1988
-
- Withholding, Federal Payments
- Disaster loss, standard deduction increased by, Higher Standard Deduction for Net Disaster Loss
- Disaster relief, Terrorist attack or military action., Disability pensions., Disaster relief payments., Disaster relief.
-
- (see also Terrorist attacks)
- Cash gifts to victims, Cash gifts.
- Disaster Relief and Emergency Assistance Act
-
- Grants, Disaster relief grants.
- Unemployment assistance, Types of unemployment compensation.
- Employer's emergency disaster fund, Employer's emergency disaster fund.
- Government-ordered demolition or relocation of home that is unsafe due to, Deductible losses.
- Grants or payments, Disaster relief grants.
- Replacement of lost or destroyed property, Disaster relief.
- Discharge of qualified principal residence indebtedness, Discharges of qualified principal residence indebtedness., Adjusted Basis
- Disclosure statement, Disclosure statement.
- Discount, bonds and notes issued at, Original Issue Discount (OID)
- Discounted debt instruments, The 1099 Series
-
- (see also Original issue discount (OID))
- Capital gain or loss, Discounted Debt Instruments
- Discounts
-
- Employee discounts, effect on basis, Bargain purchases.
- Distributions, The 1099 Series, Eligible rollover distributions.
-
- (see also Dividends)
- (see also Rollovers)
- Early (see Early withdrawal from deferred interest account)
- Liquidating distributions, Liquidating Distributions
- Lump sum (see Lump-sum distributions)
- Nondividend distributions, Nondividend Distributions
- Qualified reservist, Qualified reservist distributions.
- Required minimum distributions, Required distributions., Required distributions., When Must You Withdraw IRA Assets? (Required Minimum Distributions)
-
- (see also Individual retirement arrangements (IRAs))
- (see also Pensions)
- Return of capital, Nondividend Distributions
- Distributions:
-
- Qualified charitable, Qualified charitable distributions.
- District of Columbia
-
- First-time homebuyer credit, Decreases to basis.
- Dividends, Dividends and Other Corporate Distributions, Form 1099-DIV., More information.
-
- (see also Form 1099-DIV)
- Alaska Permanent Fund (see Alaska Permanent Fund dividends)
- As stock dividends and stock rights, Distributions of Stock and Stock Rights
- Backup withholding, Backup withholding.
- Beneficiary of estate or trust receiving, Beneficiary of an estate or trust.
- Buying more stock with, Dividends Used to Buy More Stock
- Defined, Introduction
- Exempt-interest dividends, Other Distributions
- Expenses related to, deduction of, Expenses related to dividend income.
- Fees to collect, Fees to Collect Interest and Dividends
- Foreign income, Reminder
- Form 1040A, use of, You can use Form 1040A if all of the following apply.
- Form 1099-DIV (see Form 1099-DIV)
- Holding period, determination of, Stock dividends.
- Insurance dividends, Dividends on insurance policies.
- Money market funds, Money Market Funds
- Nominees receiving on behalf of another, Nominees.
- Nondividend distributions, Nondividend Distributions
- Ordinary dividends, Ordinary Dividends
- Patronage dividends, Patronage dividends.
- Qualified, Qualified Dividends, Qualified dividends.
- Real estate investment trusts (REITs) paying, Capital Gain Distributions
- Redemption treated as, Dividend versus sale or trade.
- Reinvestment plans, Dividends Used to Buy More Stock
- Reporting of, How To Report Dividend Income
-
- As interest, Introduction
- Scrip dividends, Scrip dividends.
- Sold stock, Dividends on stock sold.
- Stockholder debts when canceled as, Stockholder debt.
- Veterans' insurance, Dividends on veterans' insurance.
- Divorced parents, Children of divorced or separated parents.
- Divorced parents, special rule, Special rule for divorced or separated parents.
- Divorced taxpayers, Alimony.
-
- (see also Alimony)
- Child and dependent care credit, Child of divorced or separated parents or parents living apart.
- Child custody, Custodial parent and noncustodial parent.
- Definition of divorce instrument for purposes of alimony, Divorce or separation instrument.
- Estimated tax payments, Divorced Taxpayers
- Filing status, Divorced persons., Divorced persons.
- IRAs, Spousal IRA., Transfers Incident to Divorce
- Medical and dental expenses of children of, Child of divorced or separated parents.
- Mortgage interest, payment as alimony, Divorced or separated individuals.
- Personal exemption, Divorced or separated spouse.
- Real estate taxes, allocation of, Divorced individuals.
- Transfers between spouses, Property Transferred From a Spouse, Transfers Between Spouses
- Use of home after divorce, Use of home after divorce.
- Doctors' bills (see Medical and dental expenses)
- Documentary evidence
-
- Recordkeeping requirements, Documentary evidence.
- Domestic help
-
- Withholding, Household workers.
- Domestic help, no exemption for, Housekeepers, maids, or servants.
- Domestic relations orders, qualified (QDROs)
-
- Rollover of retirement plan distribution, Qualified domestic relations order (QDRO).
- Donations (see Charitable contributions)
- Down payment assistance, Down payment assistance.
- Droughts
-
- Losses of property due to, Progressive deterioration.
- Drug or alcohol rehabilitation centers
-
- Deductibility of medical expense,
- Drugs
-
- As medical expenses
-
- Over-the-counter drugs, not deductible,
- Prescription medicines, deductibility,
- Dry cleaning
-
- Business-related travel expense, Tax home different from family home., Incidental expenses.
- Dual-status taxpayers, Dual-status taxpayer.
-
- Joint returns not available, Nonresident alien or dual-status alien.
- Standard deduction, Persons not eligible for the standard deduction.
- Due dates, Amount you owe., When Do I Have To File?, Private delivery services.
-
- Disaster areas, postponed deadlines, Postponed tax deadlines.
- Extension (see Extension of time to file)
- Nonresident aliens' returns, Nonresident alien.
- Due diligence
-
- Child and dependent care credit, Due diligence.
- Dues
-
- Chamber of Commerce, Dues to Chambers of Commerce and Professional Societies
- Club, Club Dues
- Union, Union Dues and Expenses
- Dwelling units, Keeping Up a Home, Personal Use of Dwelling Unit (Including Vacation Home), Dwelling Unit Used as Home, Examples, How To Divide Expenses
-
- (see also Home)
- (see also Vacation homes)
- Cooperative (see Cooperative housing)
- Defined, Dwelling unit.
- Renting (see Rental income and expenses)
E
- E-file, Reminders, Reminders, IRS e-file
-
- Extensions of time to file, How to get the automatic extension.
- On time filing, Electronically filed returns.
- Early withdrawal from deferred interest account
-
- Annuities, Tax on Early Distributions
- Form 1099-R reporting (see Form 1099-R)
- Form 5329 reporting (see Form 5329)
- Higher education expenses, exception from penalty, Reminders
- IRAs
-
- Early distributions, defined, Early distributions defined.
- Penalties, Early distributions tax., Early Distributions
- Section 457 deferred compensation plans, Tax on Early Distributions
- Tax on, Special Additional Taxes, Tax on Early Distributions
- Earned income, Rule 15. Your Earned Income Must Be Less Than:
-
- Child and dependent care credit, Earned Income Test
- Defined
-
- For purposes of standard deduction, Earned income defined.
- Dependent filing requirements (Table 1-2), Do I Have To File a Return?
- Employee, Rule 7. You Must Have Earned Income
- Self-employed, Rule 7. You Must Have Earned Income
- Earned income credit, Earned income credit., Earned income credit., Earned income credit., Earned Income Credit
-
- 2008 changes, What's New for 2008
- Advance, Reminders, You can use Form 1040EZ if all of the following apply.
-
- Filing requirements (Table 1-3), Figuring tax.
- Amount of earned income, What's New for 2008
- Considered unmarried, Earned income credit.
- Disability benefits, Disability Benefits
- Disability insurance payments, Disability Benefits
- Filing claim, Who Should File
- Foster child, Foster child.
- Investment income, limit on, What's New for 2008
- Married filing separately, Special Rules
- Military personnel, Military personnel stationed outside the United States.
- Social security card, Social security number.
- Social security number, Social security number.
- Two persons with same qualifying child, Special Test for Qualifying Child of More Than One Person
- Earthquakes, Disaster relief.
-
- (see also Disaster relief)
- Casualty loss caused by, Deductible losses.
- Easements
-
- Adjustment to basis for, Easements.
- Economic stimulus payment, Credit reduced or eliminated by economic stimulus payment.
- Education
-
- Savings bond program, Education Savings Bond Program
- Education credits, What's New for 2008, You can use Form 1040A if all of the following apply., Education Credits, What's New
-
- (see also Hope credit; Lifetime learning credit)
- Academic period, Academic period.
- Dependent's education expenses, claiming, Who Can Claim a Dependent's Expenses, Tuition reduction.
- Eligible educational institution, Eligible educational institution.
- Expenses, qualified education, What Expenses Qualify, Comprehensive or bundled fees.
- General requirements, Who Can Claim a Credit
- Income limits, Effect of the Amount of Your Income on the Amount of Your Credit
- Married filing separately, Special Rules, Who Cannot Claim a Credit
- Modified adjusted gross income (MAGI), Modified adjusted gross income (MAGI).
- Phaseout of credit, Effect of the Amount of Your Income on the Amount of Your Credit
- Qualified education expenses, What Expenses Qualify, Comprehensive or bundled fees.
- Recapture of, You can use Form 1040A if all of the following apply.
-
- Filing requirements (Table 1-3), Figuring tax.
- Timing of, When Must the Credit Be Repaid (Recaptured)
- Refund of expenses, Refunds.
- Tuition deduction and, No Double Benefit Allowed
- Who cannot claim, Who Cannot Claim a Credit
- Education expenses
-
- Employer-provided (see Educational assistance)
- Tuition (see Qualified tuition programs)
- Work-related education, deduction of expenses, Cruises and conventions.
- Education expenses:, Tuition and Fees Deduction
-
- (see also Tuition)
- Teacher's out-of-pocket expenses, Educator Expenses
- Educational assistance
-
- Employer-provided, Educational Assistance
- Scholarships (see Scholarships and fellowships)
- Tuition (see Qualified tuition programs)
- Educational assistance:, Tuition and Fees Deduction
-
- (see also Tuition)
- Employer-provided:
-
- Tuition deduction, effect on, Tax-free educational assistance.
- Educational institution (see Eligible educational institution)
- Educational organizations
-
- As related party in transactions, Losses on sales or trades of property.
- Charitable contributions to, Types of Qualified Organizations, Examples.,
-
- 50% limit on deduction, 50% limit organizations.
- Educator expenses, Educator Expenses over Limit
- Educator out-of-pocket expenses, Educator Expenses
- EE series bonds (see U.S. savings bonds)
- EIC (see Earned income credit)
- EITC Assistant, Reminders
- Elderly or disabled, credit for, You can use Form 1040A if all of the following apply.
-
- Married filing separately, Special Rules
- Elderly persons, Retirement Plans, Pensions, and Annuities
-
- (see also Pensions)
- Credit for (see Elderly or disabled, credit for)
- Exemption from withholding, Age 65 or older or blind.
- Home for the aged, Home for the aged.
- Long-term care (see Long-term care insurance contracts)
- Nutrition Program for the Elderly, Nutrition Program for the Elderly.
- Standard deduction for age 65 or older, Introduction, Higher Standard Deduction for Age (65 or Older)
- Tax Counseling for the Elderly, Free Help With Your Return
- Election precinct officials
-
- Fees, reporting of, Election precinct official.
- Election to include child's income on parent's return, Parent's Election To Report Child's Interest and Dividends, Illustrated Example
-
- Inclusion of child's income on parent's return (Figure 31-A), Penalty for underpayment of estimated tax.
- Elective deferrals, Retirement Plans, Pensions, and Annuities
-
- (see also Retirement plans)
- Limits, Elective deferrals.
- Elective surgery
-
- Not deductible as medical expense,
- Electric cars
-
- Credit, Car Expenses
- Credits
-
- Filing requirements (Table 1-3), Figuring tax.
- Electronic filing (see
E-file
)
- Electronic payment options, Reminders, Credit card.
-
- Credit card, Credit card., How To Pay Estimated Tax
- Electronic Federal Tax Payment System (EFTPS), Electronic Federal Tax Payment System (EFTPS)., How To Pay Estimated Tax
- Electronic funds withdrawal, Electronic funds withdrawal., Reminders, How To Pay Estimated Tax, Pay Electronically
- Electronic reporting
-
- Returns (see
E-file
)
- Tip statement from employees to employers, Electronic tip statement.
- Eligible educational institution
-
- Education credits, Eligible educational institution.
- Foreign schools, Eligible educational institution.
- Student loan interest deduction, Eligible educational institution.
- Eligible educational institution:
-
- Foreign schools, Eligible educational institution.
- Tuition and fees deduction, Eligible educational institution.
- Eligible student
-
- Hope credit, Who Is an Eligible Student
- Lifetime learning credit, Who Is an Eligible Student
- Student loan interest deduction, Eligible student.
- Eligible student:
-
- Tuition and fees deduction, Who Is an Eligible Student
- Embezzlement
-
- Losses due to, Theft
- Reporting embezzled funds, Illegal activities.
- Emergency medical service personnel
-
- Life insurance proceeds when death in line of duty, Public Safety Officer Killed in the Line of Duty
- Emotional distress damages, Emotional distress.
- Employee benefits, Taxable Fringe Benefits, Fringe Benefits,
De Minimis (Minimal) Benefits
-
- (see also
specific type of benefit (e.g., Health insurance, Life insurance, etc.)
)
- (see also Fringe benefits)
- Employee business expenses, Car Expenses and Other Employee Business Expenses, Illustrated Example
-
- Commuting expenses, Commuting expenses.
- Deductions for, Introduction, Who does not need to use this chapter.
-
- Form 2106 for deducting, Both self-employed and an employee.
- Impairment-related work expenses, deduction for, Impairment-Related Work Expenses, Impairment-related work expenses of disabled employees.
- Meals (see Meal and lodging expenses)
- Reimbursements, Expense allowances., Allowances and reimbursements., Reimbursement, allowance, or advance., Per Diem and Car Allowances, Reporting your expenses with a per diem or car allowance.
-
- (see also Per diem)
- Returning excess, Expense allowances., Returning Excess Reimbursements
- Travel (see Travel and transportation expenses)
- Work-related education, Tax Benefits for Work-Related Education, Employees
- Employee expenses
-
- Cell phone, Depreciation on Computers or Cell Phones
- Home computer, Depreciation on Computers or Cell Phones, Depreciation on Home Computer
- Miscellaneous, Unreimbursed Employee Expenses (Line 21)
- Employees, Fringe Benefits,
De Minimis (Minimal) Benefits
-
- (see also Fringe benefits)
- Awards for service, Bonuses and awards.
- Business expenses (see Employee business expenses)
- Discounts for, effect on basis, Bargain purchases.
- Form W-4 to be filled out when starting new job, New Form W-4.
- Fringe benefits, Taxable Fringe Benefits
-
- (see also Fringe benefits)
- Jury duty pay, Jury duty.
- Overseas employment (see Foreign employment)
- Employees of the intelligence community, Members of the uniformed services or Foreign Service, employees of the intelligence community, or employees or volunteers
of the Peace Corps.
- Employers
-
- E-file options, Through Employers and Financial Institutions
- Educational assistance from (see Educational assistance)
- Form W-4, having new employees fill out, New Form W-4.
- Overseas employment (see Foreign employment)
- Vehicles provided by, Employer-Provided Vehicles
- Withholding rules, Rules Your Employer Must Follow
- Employment
-
- Agency fees, Employment agency fees., Job Search Expenses
- Résumé expenses, Résumé.
- Taxes, Social security and Medicare taxes paid by employer.
-
- (see also Social security and Medicare taxes)
- FICA withholding, Form W-2.
-
- (see also Withholding)
- Tip income, Figuring tax., You must use Form 1040 if any of the following apply.
- Employment taxes, Reminders, Household services., Employment Taxes for Household Employers
-
- (see also Social security and Medicare taxes)
- FICA withholding, Introduction, Determining Amount of Tax Withheld Using Form W-4, Getting the Right Amount of Tax Withheld, Rules Your Employer Must Follow, Backup Withholding, Credit for Withholding and Estimated Tax, Withholding
-
- (see also Withholding)
- Employment:
-
- Taxes
-
- Tip income, Why report tips to your employer?
- Empowerment zone, Credits.
- Endowment proceeds, Endowment Contract Proceeds
- Energy assistance, Payments to reduce cost of winter energy.
- Energy conservation
-
- Measures and modifications, Energy conservation measure.
- Subsidies, Energy conservation subsidies.
-
- Exclusion as adjustment to basis, Exclusion of subsidies for energy conservation measures.
- Utility rebates, Utility rebates.
- Entertainers and musicians, Work Clothes and Uniforms
- Entertainment expenses, Meals and Incidental Expenses, Entertainment Expenses
-
- 50% limit, 50% Limit
-
- Figure 26-A summary of rules,
- Allocation of costs, Separating costs., Separating expenses.
- Business-related gifts vs., Gift or entertainment.
- Form 2106 or 2106-EZ, how to fill out, Meal and entertainment expenses.
- Meal expenses included, A meal as a form of entertainment.
- Proof of expenses, How To Prove Expenses
-
- Table 26-2 summary, Confidential information.
- Recordkeeping requirements, Recordkeeping
- Reporting of, How To Report
-
- Table 26-3 showing forms to be used, Per diem allowance more than federal rate.
- Taking turns paying for meals or entertainment, Taking turns paying for meals or entertainment.
- Tickets, Entertainment tickets.
-
- Face-value as deductible amount, Entertainment.
- Gift vs. entertainment deduction, Gift or entertainment.
- Entertainment facilities:
-
- Expenses for use of, Entertainment facilities.
- Equipment, Hauling tools or instruments.
-
- (see also Tools)
- Rental for rental property, Rental of equipment.
- Equitable relief (see Innocent spouse relief)
- Errors
-
- Address label, correction of, Correcting the label.
- Depreciation, correcting amount on Form 1040X, Claiming the correct amount of depreciation.
- Discovery after filing, need to amend return, What If I Made a Mistake?
- Form 1099 showing incorrect amount, Incorrect amount shown on a Form 1099.
- Form W-2c for corrected wage and tax statement, Form Not Correct
- Refunds, Interest on erroneous refund.
- Escrow
-
- Taxes placed in, when deductible, Taxes placed in escrow.
- Estate beneficiaries, Inherited Property, Inherited property.
-
- (see also Inheritance)
- Dividends received by, Beneficiary of an estate or trust.
- IRAs (see Individual retirement arrangements (IRAs))
- Losses of estate, Losses.
- Receiving income from estate, Estate and trust income., Current income not required to be distributed.
- Rollover restrictions, Rollover by surviving spouse.
- Estate tax
-
- Deduction, Taxes and Fees You Cannot Deduct
- Estates, Estate and trust income.
-
- (see also Estate beneficiaries)
- Income, Estate and trust income.
- Investment interest, Partners, shareholders, and beneficiaries.
- Tax, Taxes and Fees You Cannot Deduct, Federal Estate Tax on Income in Respect of a Decedent
-
- (see also Estate tax)
- Survivor's annuity, Estate tax deduction.
- Estimated tax, Tax Withholding and Estimated Tax, IRS can figure the penalty for you.
-
- Amount to pay to avoid penalty, How much to pay to avoid a penalty.
- Avoiding, Who Does Not Have To Pay Estimated Tax
- Change in estimated tax, Change in estimated tax.
- Credit for, Introduction, Credit for Withholding and Estimated Tax, Estimated Tax
- Definition, Introduction
- Divorced taxpayers, Divorced Taxpayers
- Electronic funds withdrawal, Reminders, How To Pay Estimated Tax, Pay Electronically
- Figuring amount of tax, How To Figure Estimated Tax
- First period, no income subject to estimated tax in, No income subject to estimated tax during first period.
- Fiscal year taxpayers, Fiscal year taxpayers.
- Married taxpayers, Married taxpayers.
- Name change, Name changed.
- Not required, Estimated tax not required.
- Overpayment applied to, Refunds
- Payment vouchers, How To Pay Estimated Tax, Pay by Check or Money Order Using the Estimated Tax Payment Voucher
- Payments, Estimated tax payments., How To Pay Estimated Tax
-
- Figuring amount of each payment, How To Figure Each Payment
- Schedule, When To Pay Estimated Tax, No income subject to estimated tax during first period.
- When to start, When To Start
- Who must make, Who Must Pay Estimated Tax
- Penalty for underpayment, Introduction, Underpayment penalty., Underpayment Penalty, Penalty for underpayment of estimated tax.
-
- IRS computation of, Form 2210, IRS can figure the penalty for you.
- Pension payments, Withholding and estimated tax.
- Safe harbor for higher income individuals, Reminders
- Saturday, Sunday, holiday rule, Saturday, Sunday, holiday rule.
- Separate returns, Separate Returns
- Social security or railroad retirement benefits, Tax withholding and estimated tax.
- State and local income taxes, deduction of, Estimated tax payments.
- Unemployment compensation, Tax withholding.
- Estimates
-
- Travel expenses, How To Prove Expenses
- Excess benefits tax (see Section 72(m)(5))
- Excess reimbursements
-
- Business expense reimbursements, Expense allowances., Returning Excess Reimbursements
- Medical expenses, Excess reimbursement.
-
- Excess reimbursement flowchart (Figure 21-A), Reimbursement in a later year.
- Excess withholding credit, What's New, Credit for Excess Social Security Tax or Railroad Retirement Tax Withheld
-
- How to take, How to take the credit.
- Joint returns, Employer's error.
- Exchange students
-
- Expenses paid for, deductible when under agreement with qualified organization, Expenses Paid for Student Living With You
- Exchanges, What Is a Sale or Trade?, How to report.
-
- (see also Trade of property)
- Like-kind exchanges, Like-Kind Exchanges, Like-kind exchanges.
- Partially nontaxable exchange, Partially nontaxable exchanges., Partly nontaxable exchange.
- Tax-free
-
- Definition of, Nontaxable Exchanges
- Holding period, determination of, Nontaxable trades.
- Taxable exchange, defined, Taxable Exchanges
- Excise taxes, When Must You Withdraw IRA Assets? (Required Minimum Distributions)
-
- (see also Penalties)
- Basis to include, Cost Basis
- IRAs for failure to take minimum distributions, When Must You Withdraw IRA Assets? (Required Minimum Distributions)
- Roth IRAs, What if You Contribute Too Much?, Results of failed conversions and failed rollovers.
- Exclusions from gross income
-
- Accelerated death benefits, Accelerated Death Benefits
- Annuities, Exclusion limit.
- Canceled debt, Excluded debt.
- Capital gains from home sale (see Sale of home)
- Commuting benefits for employees, Exclusion limit.
-
De minimis benefits,
De Minimis (Minimal) Benefits
- Disability pensions of federal employees and military, Military and Government Disability Pensions, Conditions for exclusion.
- Education Savings Bond Program, Interest on qualified savings bonds.
- Educational assistance from employer, Educational Assistance
- Elective deferrals, limit on exclusion, Elective deferrals.
- Employee awards, Employee achievement award.
- Energy conservation subsidies, Energy conservation subsidies., Utility rebates.
- Foreign earned income, Reminders
- Frozen deposit interest, Interest on frozen deposits.
- Group-term life insurance, Entire cost excluded.
- Holocaust victims restitution, Holocaust victims restitution.
- Long-term care insurance contracts, Long-Term Care Insurance Contracts, Limit on exclusion.
- Parking fees, employer-provided, Transportation
- Public safety officers who died or were killed in line of duty, death benefits, Public Safety Officer Killed in the Line of Duty
- Sale of home, Sale of home.
- Scholarships, Scholarships and fellowships.
- Strike benefits, Strike and lockout benefits.
- Terrorist attack as cause of injury, disability payments, Disability pensions.
- Executors and administrators, Surviving Spouses, Executors, Administrators, and Legal Representatives
-
- Related party transactions, Losses on sales or trades of property.
- Exempt-interest dividends, Exempt-interest dividends.
-
- Alternative minimum tax, Alternative minimum tax treatment.
- Dividend reporting, Exempt-interest dividends.
- Information-reporting requirement, Information reporting requirement.
- Exemption amount
-
- 2008 changes, What's New for 2008
- Exemption from foreign tax credit limit, Exception.
- Exemptions
-
- Dependents, Exemptions for Dependents, Multiple support agreement.
- From withholding, Exemption From Withholding
- Personal (see Personal exemption)
- Phaseout, Special Rules, What's New, Phaseout of Exemptions
- Securities, tax-exempt (see Securities)
- State or local government bonds, tax-exempt, Tax-exempt state and local government bonds.
- Expatriates, Expatriates.
- Expenses paid by another, Expenses paid by another.
- Extension of time to file, Extensions of Time To File
-
- Automatic, Automatic Extension, When to file.
- Citizens outside U.S., Individuals Outside the United States
- E-file options, How to get the automatic extension.
- Inclusion on return, When you file your return.
- Extortion
-
- Losses due to, Theft
- Extravagant expenses, Lavish or extravagant expenses.
- Eye surgery
-
- Deductibility as medical expense,
- Eyeglasses
-
- As medical expense,
F
- Failure to comply with tax laws (see Penalties)
- Fair market value (FMV)
-
- Casualty loss, Decrease in Fair Market Value
- Definition of, Fair market value (FMV).
- Sales of property, Fair market value.
- Stolen property, FMV of stolen property.
- Fair rental price, Fair rental price.
- Fair rental value, Fair rental value defined.
- Family, Child's earnings., Related Party Transactions, Step 3. Figuring the Child's Tax (Form 8615, Part III), Adopted child.
-
- (see also Child tax credit)
- (see also Children)
- (see also Dependents)
- (see also Related party transactions)
- Adoption credit (see Adoption)
- Care credit (see Child and dependent care credit)
- Standard meal allowance not allowed if related to employer, Related to employer.
- Farming
-
- Activity not for profit, Activity not for profit.
- Canceled debt, treatment of, Excluded debt.
- Patronage dividends, Patronage dividends.
- Farmworkers
-
- Estimated tax, Special rules for farmers, fishermen, and higher income taxpayers.
- Withholding, Farmworkers.
- Federal crime investigations or prosecutions
-
- Travel expenses, Exception for federal crime investigations or prosecutions.
- Federal employees
-
- Accrued leave payment, Accrued leave payment.
- Cost-of-living allowances, Government cost-of-living allowances.
- Disability pensions, Military and Government Disability Pensions
-
- Based on years of service, Pension based on years of service.
- Exclusion, conditions for, Conditions for exclusion.
- Terrorist attack, Terrorist attack or military action.
- FECA payments, Federal Employees' Compensation Act (FECA).
- Federal Employees' Compensation Act (FECA) payments, Federal Employees' Compensation Act (FECA).
- Federal government
-
- Charitable contributions to, Types of Qualified Organizations,
- Employees (see Federal employees)
- Federal income tax
-
- Interest on, not deductible, Personal Interest
- Not deductible, Taxes and Fees You Cannot Deduct
- Federal judges
-
- Employer retirement plan coverage, Federal judges.
- Fee-basis officials
-
- Business expenses of, Special Rules
- Work-related education expenses, Performing Artists and Fee-Basis Officials
- Fees, Fees for services., Fees and deposits.
-
- (see also specific types of deductions and income)
- Professional license, Professional Accreditation Fees
- Fees, comprehensive/ bundled, Comprehensive or bundled fees., Comprehensive or bundled fees.
- Fellowships (see Scholarships and fellowships)
- Fertility enhancement procedures
-
- Deductibility as medical expense,
- FICA withholding, Form W-2., Tax Withholding and Estimated Tax, Introduction, Determining Amount of Tax Withheld Using Form W-4, Getting the Right Amount of Tax Withheld, Rules Your Employer Must Follow, Backup Withholding, Credit for Withholding and Estimated Tax, Withholding, Social security and Medicare taxes paid by employer.
-
- (see also Social security and Medicare taxes)
- (see also Withholding)
- Fiduciaries, Surviving Spouses, Executors, Administrators, and Legal Representatives, Trustees' fees., Trustees' fees.
-
- (see also Executors and administrators)
- (see also Trustees)
- Fees for services, Personal representatives.
- Prohibited transactions, Prohibited Transactions
- Related party transactions, Losses on sales or trades of property.
- Figures (see Tables and figures)
- Figuring taxes and credits, Worksheet 11-1., How Do You Figure the Deduction, How Do You Figure the Deduction, Figuring Your Tax, How to figure the credit if you did not work for a railroad.
-
- (see also Worksheets)
- Filing requirements, Filing Information, Criminal Penalties, Married Filing Separately
-
- (see also Married filing separately)
- Calendar year filers, When Do I Have To File?
- Citizens outside U.S., U.S. Citizens and Residents Living Outside the United States
- Dependents, Do I Have To File a Return?, Child's earnings.
- Electronic (see
E-file
)
- Extensions, Extensions of Time To File
- Gross income levels (Table 1-1), Introduction
- Individual taxpayers, Individuals—In General
- Joint filing, Married Filing Jointly, Accounting period., Relief from joint liability.
-
- (see also Joint returns)
- Late filing penalties (see Penalties)
- Most taxpayers (Table 1-1), Introduction
- Other situations requiring filing (Table 1-3), Figuring tax.
- Unmarried persons (see Single taxpayers)
- When to file, When Do I Have To File?
- Where to file, What's New, Where Do I File?
- Who must file, What's New, Do I Have To File a Return?, Who Should File
- Filing status, Filing status., Filing Status, Death or birth.
-
- Annulled marriages, Annulled marriages.
- Change to, after time of filing, Amended Returns and Claims for Refund
- Divorced taxpayers, Divorced persons.
- Head of household, Head of household or qualifying widow(er) with dependent child., Head of Household
-
- Qualifying person to file as, Qualifying Person
- Joint returns, Married Filing Jointly
- Married filing a joint return, Rule 4. You Must Be a U.S. Citizen or Resident Alien All Year
- Married filing separately, Married Filing Separately, Rule 3. Your Filing Status Cannot Be Married Filing Separately
- Surviving spouse, Head of household or qualifying widow(er) with dependent child.
- Unmarried persons, Individuals—In General, Unmarried persons.
-
- (see also Single taxpayers)
- Final return for decedent
-
- Capital loss deduction on, Decedent's capital loss.
- Medical expenses, Decedent
- Standard deduction, Decedent's final return.
- Finance charges
-
- Credit cards, retail installment contracts, etc., not deductible, Personal Interest
- Financial institutions, Deposit in Insolvent or Bankrupt Financial Institution, When and How Can a Traditional IRA Be Set Up?
-
- (see also Banks)
- Financially disabled persons, Financially disabled.
- Fines, Filing late., Filing late., Paying tax late., Criminal Penalties
-
- (see also Penalties)
- Deductibility, Fines or Penalties
- Firefighters
-
- Life insurance proceeds when death in line of duty, Public Safety Officer Killed in the Line of Duty
- Volunteer firefighters
-
- Charitable contributions to, Examples.
- IRAs, Volunteer firefighters.
- Fires
-
- Arson, no casualty loss for, Nondeductible losses.
- Casualty loss caused by, Deductible losses., Personal property.
- First-time homebuyer credit, Decreases to basis., First-Time Homebuyer Credit
- First-year expensing (see Section 179 deductions)
- Fiscal year, Accounting Periods, Fiscal year taxpayers., Fiscal Years
- Fishermen
-
- Estimated tax, Special rules for farmers, fishermen, and higher income taxpayers.
- Indian fishing rights, Indian fishing rights.
- Fleet operations
-
- Standard mileage rate not allowed, Standard mileage rate not allowed.
- Flexible spending account or arrangement, Long-term care services.,
- Floods, Disaster relief.
-
- (see also Disaster relief)
- Casualty loss caused by, Deductible losses.
- FMV (see Fair market value)
- Food benefits
-
- Nutrition program for the elderly, Nutrition Program for the Elderly.
- Food stamps, Support provided by the state (welfare, food stamps, housing, etc.).
- Foreclosure, Foreclosure or repossession., Mortgage ending early.
- Foreign children
-
- Adoption credit, Foreign child.
- Foreign employment, Employees of foreign governments or international organizations., Foreign Employer
-
- Employment abroad, Employment abroad.
- Pension plan contributions, Foreign employment contributions.
- Social security and Medicare taxes, Social security and Medicare taxes.
- U.S. citizen, U.S. citizen.
- Waiver of alien status, Waiver of alien status.
- Foreign governments, employees of, Employees of international organizations or foreign governments.
- Foreign income
-
- Dividends, Reminder
- Earned income exclusion, Reminders
- Reporting of, Reminders
- Sale of foreign property, Reminder
- Foreign income taxes
-
- Deduction of, Foreign Income Taxes
-
- Form 1116 to claim credit, Foreign income taxes.
- Schedule A or Form 1040 reporting, Foreign income taxes.
- Definition of, Foreign taxes.
- Foreign nationals (see Resident aliens)
- Foreign organizations
-
- Charitable contributions to, Certain foreign charitable organizations., , Contributions to Nonqualified Organizations
- Foreign schools, Eligible educational institution., Eligible educational institution.
- Foreign Service, Members of the uniformed services or Foreign Service, employees of the intelligence community, or employees or volunteers
of the Peace Corps.
- Foreign students, Foreign students' place of residence.
-
- Expenses paid for, deductible when under agreement with qualified organization, Expenses Paid for Student Living With You
- Foreign tax credit, Foreign Tax Credit
-
- How to take, How to take the credit.
- Limit on, Limit on the credit.
- Forgiveness of debt (see Cancellation of debt)
- Form
-
- 1040, Form 1040., Form 1040 Line Entries
-
- Address label, Peel-Off Address Label
- Adoption expenses, How to take the credit.
- Alaska Permanent Fund dividends, Alaska Permanent Fund dividends.
- Alien taxpayer identification numbers, Born and died in 2008.
- Alternative minimum tax, nonrefundable credit for prior year tax, How to take the credit.
- Armed forces' retirement pay, Military retirement pay.
- Attachments to, Form 1040.
- Capital gains, How To Report Dividend Income
- Charitable contributions, deduction to be itemized, Form 1040 required.
- Check mailed with, Check or money order.
- Child's capital gain distributions, Child's capital gain distributions.
- Clergy pension, Pension.
- Deduction for alimony paid, How To Deduct Alimony Paid
- Disability retirement pay, How to report.
- Dividends, How To Report Dividend Income, Form 1040.
- Excess withholding credit, How to take the credit.
- FECA benefits, Railroad sick pay.
- First-time homebuyer credit, How to take the credit.
- Foreign tax credit, How to take the credit.
- Health insurance credit, How To Take the Credit
- Insurance distributions, Dividends on insurance policies.
- IRAs, Reporting taxable distributions on your return., Filing a tax return.
- Mortgage interest credit, How to take the credit.
- Personal exemption, How to claim exemptions.
- Presidential Election Campaign Fund, Presidential Election Campaign Fund
- Railroad retirement benefits, reporting on, Reporting on Form 1040.
- Recapture of alimony, Including the recapture in income.
- Reporting of alimony received, How To Report Alimony Received
- Reporting taxes on tips not reported to employer, Reporting social security and Medicare taxes on tips not reported to your employer.
- Reporting uncollected taxes on tips, Reporting uncollected social security and Medicare taxes on tips.
- Schedule A:, Mortgage interest deduction, Reduced home mortgage interest deduction.
- Social security benefits, reporting on, Reporting on Form 1040.
- Social security numbers, Phaseout of Exemptions
- Student loan interest deduction, How Do You Figure the Deduction
- Tip income reporting, How to report tips.
- Undistributed long-term capital gains, Credit for Tax on Undistributed Capital Gain
- Use of, Form 1040, Widow(er)., Married Filing Jointly, How to file.
- Wages and salary reporting, Form W-2.
- Workers' compensation, Return to work.
- 1040, Schedule A
-
- Charitable contributions, Gift To Reduce Debt Held by the Public, Form 1040 required., How To Report
- Employee business expense deduction, After you complete the form., 2. Limit on miscellaneous itemized deductions.
- Federal employees buying back sick leave, Federal Employees' Compensation Act (FECA).
- Gifts, deduction of, Gifts.
- Investment expenses deduction, Investment expenses.
- Investment interest deduction, Investment interest.
- Itemized deduction limit, When to itemize.
- Loss of deposits due to bank's insolvency or bankruptcy cause, How to report.
- Medical and dental expenses, What Tax Form Do You Use?
- Outplacement services, deduction, Outplacement services.
- Travel expenses, deduction of, Allowance less than or equal to the federal rate.
- Unearned commission, deduction for repayment of, Advance commissions and other earnings.
- 1040, Schedule B
-
- Dividends, Form 1040.
- 1040, Schedule C
-
- Barter income, Bartering
- Child care providers, Childcare providers.
- Corporate director fees, Corporate director.
- Forgiveness of debts, Canceled Debts
- Foster-care providers, Reporting taxable payments.
- Kickbacks, Kickbacks.
- Notary fees, Notary public.
- Oil, gas, or mineral interest royalties, Royalties
- Rental income and expenses, How To Report Rental Income and Expenses, Reporting business income and expenses.
- Statutory employees, Statutory employees.
- Work-related education expenses, Self-Employed Persons
- 1040, Schedule C-EZ
-
- Child care providers, Childcare providers.
- Corporate director fees, Corporate director.
- Foster-care providers, Reporting taxable payments.
- Kickbacks, Kickbacks.
- Notary fees, Notary public.
- Oil, gas, or mineral interest royalties, Royalties
- Rental income and expenses, How To Report Rental Income and Expenses, Reporting business income and expenses.
- Statutory employees, Statutory employees.
- Work-related education expenses, Self-Employed Persons
- 1040, Schedule D
-
- Business property sales, How to report.
- Capital gains or losses, Reporting Capital Gains and Losses, Capital gain distributions only.
- Child's capital gain distributions, Child's capital gain distributions.
- Fractional shares, sale of, Fractional shares.
- Nonbusiness bad debts, loss of deposits due to bank's insolvency or bankruptcy, How to report.
- Sale expenses, Sale expenses.
- Undistributed long-term capital gains, Long-term gains and losses.
- Worthless securities, How to report loss.
- 1040, Schedule E
-
- Income-producing property, deduction of interest on loan for, Income-producing rental or royalty interest.
- Rental income and expenses, How To Report Rental Income and Expenses, Form 1098., Schedule E (Form 1040)
- Royalties, Royalties
- 1040, Schedule F
-
- Self-employed persons, Both self-employed and an employee.
- Work-related education expenses, Self-Employed Persons
- 1040, Schedule SE, Self-Employed Persons, Housing.
- 1040-V
-
- Payment voucher, Check or money order.
- 1040A, Form 1040A., Form 1040A Line Entries
-
- Address label, Peel-Off Address Label
- Adoption expenses, How to take the credit.
- Alaska Permanent Fund dividends, Alaska Permanent Fund dividends.
- Alien taxpayer identification numbers, Born and died in 2008.
- Armed forces' retirement pay, Military retirement pay.
- Attachments to return, Form 1040A.
- Capital gains, How To Report Dividend Income
- Clergy pension, Pension.
- Disability retirement pay, How to report.
- Dividend income reporting, Form 1040A.
- Dividends, How To Report Dividend Income
- Excess withholding credit, How to take the credit.
- FECA benefits, Railroad sick pay.
- Insurance distributions, Dividends on insurance policies.
- IRA distributions, Reporting taxable distributions on your return.
- Personal exemption, How to claim exemptions.
- Presidential Election Campaign Fund, Presidential Election Campaign Fund
- Railroad retirement benefits, reporting on, Reporting on Form 1040A.
- Reporting pay, Form W-2.
- Social security benefits, reporting on, Reporting on Form 1040A.
- Social security numbers, Phaseout of Exemptions
- Student loan interest deduction, How Do You Figure the Deduction
- Tip income reporting, How to report tips.
- Use of, Form 1040A, Widow(er)., Married Filing Jointly, How to file.
- Workers' compensation, Return to work.
- 1040A, Schedule 1
-
- Dividends, Form 1040A.
- 1040EZ, Form 1040EZ Line Entries
-
- Address label, Peel-Off Address Label
- Alaska Permanent Fund dividends, Alaska Permanent Fund dividends.
- FECA benefits, Railroad sick pay.
- No attachments, Form 1040EZ.
- Personal exemption, How to claim exemptions.
- Presidential Election Campaign Fund, Presidential Election Campaign Fund
- Reporting pay, Form W-2.
- Tip income reporting, How to report tips.
- Use of, Form 1040EZ, Widow(er)., Married Filing Jointly
- Workers' compensation, Return to work.
- 1040NR
-
- Nonresident alien return, Nonresident alien.
- 1040NR-EZ
-
- Nonresident alien easy return, Nonresident alien.
- 1040X
-
- Amended individual return, Form 1040X.
- Annulled marriages, Annulled marriages.
- Bad debts, claim for refund, Filing a claim for refund.
- Change of filing status, Joint Return After Separate Returns
- Check mailed with, Check or money order.
- Child's return, Parent's return information not known timely.
- Completing, Completing Form 1040X.
- Depreciation| Correcting amount of, Claiming the correct amount of depreciation.
- Filing, Filing Form 1040X.
- Itemized deduction, change to standard deduction, Changing your mind.
- Standard deduction, change to itemized deductions, Changing your mind.
- Worthless securities, claim for refund, Filing a claim for refund.
- 1065
-
- Partnership income, Schedule K-1 (Form 1065).
- 1096, File Form 1099-B or Form 1099-S with the IRS.
- 1098
-
- More than one borrower (not spouse), reporting of mortgage interest deduction by attaching of, More than one borrower.
- Mortgage insurance premiums reported on, Mortgage insurance premiums.
- Mortgage interest overpaid in earlier year, Refunds of interest.
- Mortgage interest statement, Form 1098., Mortgage interest refund., Form 1098, Mortgage Interest Statement
- Points reported on, Form 1098, Mortgage Interest Statement
- Prepaid interest reported on, Prepaid interest on Form 1098.
- Refund of interest reported on, Refunded interest.
- 1098-E, How Do You Figure the Deduction
- 1098-T, Comprehensive or bundled fees., Form 1098-T., Form 1098-T.
- 1099
-
- Taxable income report, Form 1099., Reminder
- 1099-A
-
- Acquisition or abandonment of secured property, Form 1099-A and Form 1099-C.
- 1099-B, File Form 1099-B or Form 1099-S with the IRS.
-
- Barter income, Form 1099-B from barter exchange.
- Broker to report sales of stocks, bonds, or commodities, Sales and Trades, Form 1099-B transactions.
- 1099-C
-
- Cancellation of debt, Form 1099-C., Form 1099-A and Form 1099-C.
- 1099-CAP
-
- Change in control or capital structure, Form 1099-CAP transactions.
- 1099-DIV
-
- Dividend income statement, Stock you chose to include in income., Form 1099-DIV., Form 1099-DIV.
- Return of capital, Nondividend Distributions
- 1099-G
-
- State tax refunds, State tax refund.
- 1099-INT, Form 1099-INT., Form 1099-INT.
- 1099-MISC
-
- Brokers receiving dividends, Form 1099-MISC.
- Nonemployee compensation, Nonemployee compensation.
- 1099-OID, Form 1099-OID.
- 1099-R, Form 1099-INT for U.S. savings bonds interest.
-
- Early distributions of pension funds, Special Additional Taxes, Exceptions to tax.
- IRA distributions, Distributions reported on Form 1099-R., Form 5329 not required.
- Life insurance policy surrendered for cash, Surrender of policy for cash.
- Retirement plan distributions, Form W-2.
- 1099-S, File Form 1099-B or Form 1099-S with the IRS.
-
- Real estate transactions proceeds, Form 1099-S., Form 1099-S transactions.
- 1116
-
- Foreign tax credit, How to take the credit.
- 1120S
-
- S corporation income, Schedule K-1 (Form 1120S).
- 2106
-
- Business-related expenses, Both self-employed and an employee., Employees., Reporting your expenses under a nonaccountable plan.
- Performing artists, Where to report.
- Travel expenses, Allowance less than or equal to the federal rate., Allowance more than the federal rate.
- Work-related education expenses, Form 2106 or 2106-EZ.
- 2106-EZ
-
- Business-related expenses, Reporting your expenses under a nonaccountable plan.
- Performing artists, Where to report.
- Work-related education expenses, Form 2106 or 2106-EZ.
- 2119
-
- Postponement of gain from sale of home, Adjusted Basis
- 2439
-
- Notice to shareholder on undistributed long-term capital gains, Undistributed capital gains of mutual funds and REITs., Credit for Tax on Undistributed Capital Gain
- 2441, Form 1040.
- 2555, Rule 4. You Must Be a U.S. Citizen or Resident Alien All Year
- 2555-EZ, Rule 5. You Cannot File Form 2555 or Form 2555-EZ
- 2848
-
- Power of attorney and declaration of representative, Power of attorney., Other reasons spouse cannot sign.
- 3115, Change from method 2.
- 3800
-
- General business credit, Exceptions for special types of refunds.
- 4029, Approved Form 4361 or Form 4029
- 4070
-
- Reporting tips to employer, How to report.
- 4070A
-
- Daily record of tips, How to keep a daily tip record.
- 4137
-
- Social security and Medicare taxes on tips not reported to employer, Reporting social security and Medicare taxes on tips not reported to your employer.
- 4361, Self-employed persons and statutory employees.
- 4506
-
- Copy of tax return request, Copies of returns.
- 4506-T
-
- Tax return transcript request, Transcript of tax return.
- 4562
-
- Depreciation of rental property, Depreciation
- 4684
-
- Bank deposit, loss due to bank's insolvency or bankruptcy, How to report.
- Casualty or theft loss, Forms to file., How To Report Gains and Losses
- 4797
-
- Sales of business property, How to report., Reporting the Sale
- Small business stock losses, Losses on Section 1244 (Small Business) Stock
- 4868,
E-file options., No SSN.
-
- Automatic extension of time to file,
E-file options., No SSN.
- Filing electronic form,
E-file using your personal computer or a tax professional.
- Filing paper form, Filing a paper Form 4868.
- 4952
-
- Investment interest expense deduction, Form 4952
- Net capital gain, election to include as investment income, Choosing to include net capital gain.
- 4972
-
- Lump-sum distributions, Lump-Sum Distributions
- 5329
-
- Early distributions of sheltered funds, Special Additional Taxes, Exceptions to tax.
- Required minimum distributions, failure to take, Form 5329., Reporting Additional Taxes, Not filing a tax return., Form 5329 not required.
- 6251, More information.
-
- Alternative minimum tax, Alternative minimum tax.
- 6252
-
- Installment sale income, Installment sale.
- 8275
-
- Disclosure statement, Disclosure statement.
- 8275-R
-
- Regulation disclosure statement, Disclosure statement.
- 8283
-
- Charitable noncash contribution of more than $500 value, How To Report
- 8379
-
- Injured spouse claim, Joint return and injured spouse.
- 8396
-
- Mortgage interest credit, Mortgage interest credit., How to take the credit., Reduced home mortgage interest deduction.
- 843
-
- Claim for refund and request for abatement, Credit for Excess Social Security Tax or Railroad Retirement Tax Withheld
- 8453
-
- Address label, Peel-Off Address Label
- 8453-OL
-
- Address label, Peel-Off Address Label
- 8582
-
- Passive activity gains or losses, Limits on passive activity deductions and credits., Passive activity gains and losses.
- 8606
-
- IRA contributions, Nondeductible, Reminders, Form 8606., Form 8606.
- IRA contributions, Recharacterization of, Reporting a recharacterization.
- 8615, Tax on investment income of certain children.
-
- Certain children with more than $1,800 of investment income, Tax on investment income of certain children., Tax for Certain Children Who Have Investment Income of More Than $1,800,
- Form 1040A may be used when filing, You can use Form 1040A if all of the following apply.
- Net investment income, Step 1. Figuring the Child's Net Investment Income (Form 8615, Part I)
- Parental information, Providing Parental Information (Form 8615, lines A–C), Parent with different tax year., Parent's return information not known timely.
- Sample completed form, Illustrated Example
- 8801
-
- Alternative minimum tax, How to take the credit.
- 8812
-
- Additional child tax credit, How to claim the additional child tax credit.
- 8814, Tax on investment income of certain children.
-
- Additional tax, figuring of, Figuring Additional Tax
- Calculation of child's income, Figuring Child's Income
- Capital gains distributions, Capital gain distributions and qualified dividends.
- Parents' election to report child's interest and dividends, Tax on investment income of certain children., Investment income of child reported on parent's return.
- Reduced deductions or credits, Reduced deductions or credits.
- Sample form, Illustrated Example
- 8815, Form 8815.
- 8818, Education Savings Bond Program
- 8822
-
- Change of address, Change of Address
- 8824
-
- Like-kind exchanges, How to report.
- 8828
-
- Recapture of federal mortgage subsidy, How to figure and report the recapture.
- 8839
-
- Qualified adoption expenses, Adoption Assistance, How to take the credit.
- 8853
-
- Accelerated death benefits, Form 8853.
- Archer MSAs and long-term care insurance contracts, Archer MSA contributions.
- 8857
-
- Innocent spouse relief, Relief from joint liability.
- 8862, If Improper Claim Made in Prior Year
- 8863, Claiming the Credit, Claiming the Credit
- 8874
-
- New markets credit, filing requirements (Table 1-3), Figuring tax.
- 8879
-
- Authorization for E-file provider to use self-selected PIN, Using a Tax Professional
- 8880
-
- Credit for Qualified Retirement Savings Contributions, How to take the credit.
- 8885
-
- Health insurance credit, How To Take the Credit
- 8901
-
- Information on Qualifying Children Who Are Not Dependents, Qualifying Child
- 8910
-
- Alternative motor vehicle credit, How to take the credit., How to take the credit.
- 9465
-
- Installment agreement request, Installment Agreement
- 982
-
- Reduction of tax attributes due to discharge of indebtedness (and section 1082 basis adjustment), Adjusted Basis
- Form 8919
-
- Uncollected social security and Medicare tax on wages, Form W-2.
- Requiring Form 1040 to be used when filing, You must use Form 1040 if any of the following apply.
- RRB-1042S
-
- Railroad retirement benefits for nonresident aliens, Introduction
- RRB-1099
-
- Railroad retirement benefits, Introduction
- SS-5, Getting an SSN.
-
- Social security number request, No social security number., No SSN.
- SSA-1042S
-
- Social security benefits for nonresident aliens, Introduction
- SSA-1099
-
- Social security benefits, Introduction
- W-10, Getting the information.
- W-2
-
- Box 12 with code L, Who does not need to use this chapter., Allowance more than the federal rate., Reimbursements.
- Election precinct officials' fees, Election precinct official.
- Employer retirement plan participation indicated, Are You Covered by an Employer Plan?
- Employer-reported income statement, Form W-2., Form W-2., Reminder, Form W-2., Back pay awards., Accrued leave payment., Restricted Property, Stock you chose to include in income.
- Fringe benefits, Form W-2., Long-term care coverage., Archer MSA contributions., Adoption Assistance
- Recordkeeping, What Records Should I Keep?
- Reimbursements reported as part of income, Who does not need to use this chapter., Reimbursement for personal expenses., Employee meets accountable plan rules., Per diem allowance more than federal rate., Reporting your expenses under a nonaccountable plan.
- Statutory employees, Statutory employees.
- Uncollected taxes, Giving your employer money for taxes.
- W-2G
-
- Gambling winnings withholding statement, Form W-2G.
- W-4P
-
- Rollover distributions, election not to have tax withheld, Withholding and estimated tax.
- W-4V
-
- Voluntary withholding request, Tax withholding.
- W-5, Advance Earned Income Credit, How To Get Advance Payments for 2009
- W-7
-
- Individual taxpayer identification number request, Born and died in 2008.
- W-7A
-
- Adoption taxpayer identification number request, Adoption taxpayer identification number (ATIN)., Taxpayer identification numbers for aliens.
- W-9
-
- TIN of home seller and purchaser, Home mortgage interest and points.
- Form 1040
-
- Estimated tax payments, Estimated Tax
- Foreign income taxes, deduction of, Foreign income taxes.
- Gambling winnings, Form W-2G.
- Overpayment offset against next year's tax, Credit an Overpayment
- Reporting sale of home, Reporting the Sale
- Schedule A
-
- State and local income taxes, deduction of, State and local income taxes.
- State benefit funds, mandatory contributions to, Contributions to state benefit funds.
- Taxes, deduction of, Other taxes.
- Schedule C
-
- Real estate or personal property taxes on property used in business, deduction of, Real estate taxes and personal property taxes.
- Schedule E
-
- Real estate or personal property taxes on rental property, deduction of, Real estate taxes and personal property taxes.
- Schedule F
-
- Real estate or personal property taxes on property used in business, deduction of, Real estate taxes and personal property taxes.
- Self-employment tax, deduction of, Self-employment tax.
- Form 1040, Schedule A, Home Mortgage Interest
- Form 1040, Schedule D
-
- Reporting sale of home, Reporting the Sale
- Form 1040-ES
-
- Estimated tax, How To Figure Estimated Tax, Pay by Check or Money Order Using the Estimated Tax Payment Voucher
- Form 1040-ES(NR)
-
- Estimated tax for nonresident aliens, Aliens.
- Form 1040A
-
- Estimated tax payments, Estimated Tax
- Overpayment offset against next year's tax, Credit an Overpayment
- Form 1099-B
-
- Barter income, The 1099 Series
- Form 1099-C
-
- Cancellation of Debt, The 1099 Series
- Form 1099-DIV
-
- Dividend income statement, The 1099 Series
- Form 1099-G
-
- Government payments, The 1099 Series
- Form 1099-INT
-
- Interest income statement, The 1099 Series
- Form 1099-MISC
-
- Miscellaneous income, The 1099 Series
- Withheld state and local taxes, Withheld taxes.
- Form 1099-OID
-
- Original issue discount, from issuer or broker, The 1099 Series
- Form 1099-Q
-
- Payments from Qualified Education Programs, The 1099 Series
- Form 1099-R
-
- Retirement plan distributions, The 1099 Series
- Withheld state and local taxes shown on, Withheld taxes.
- Form 1099-S
-
- Real estate transactions proceeds, Form 1099-S.
- Form 1116
-
- Foreign tax credit, Foreign income taxes.
- Form 2210
-
- Underpayment of estimated tax, IRS can figure the penalty for you.
- Form 8332
-
- Release of exemption to noncustodial parent, Written declaration.
- Form 8814, Illustrated Example
- Form RRB-1099
-
- Railroad retirement benefits, The 1099 Series
- Form SSA-1099
-
- Social security benefits, The 1099 Series
- Form W-2
-
- Employer-reported income statement, Withholding
- Filing with return, Forms W-2 and W-2G.
- Separate form from each employer, Form W-2
- Withheld state and local taxes, Withheld taxes.
- Form W-2c
-
- Corrected wage and tax statement, Form Not Correct
- Form W-2G
-
- Gambling winnings withholding statement, Form W-2G., Withholding, Form W-2G
- Withheld state and local taxes shown on, Withheld taxes.
- Form W-4
-
- Employee withholding allowance certificate, Determining Amount of Tax Withheld Using Form W-4, New Form W-4., Who Does Not Have To Pay Estimated Tax
- Filling out form and worksheets, Completing Form W-4 and Worksheets
- Form W-4P
-
- Pensions and annuities withholding certificate, More information.
- Form W-4S
-
- Sick pay withholding request, Form W-4S.
- Form W-4V, Federal Payments
-
- Unemployment compensation, voluntary withholding request, Unemployment Compensation
- Form(s) 1099
-
- Taxable income report, Backup Withholding, The 1099 Series
- Form:
-
- 1040:
-
- Educator expenses, How the deduction is claimed.
- 1040A:
-
- Educator expenses, How the deduction is claimed.
- 1098-C
-
- Contributions of Motor Vehicles, Boats, and Airplanes, Form 1098-C.
- 8912:
-
- Credit to Holders of Tax Credit Bonds, How to take the credit.
- Forms, What's New
-
- (see also Tax returns)
- Foster care
-
- Adoption as motive for, no charitable deduction, Foster parents.
- Care providers' payments, Foster care providers.
- Charitable deduction for nonprofit care, Foster parents.
- Child tax credit, Qualifying Child
- Difficulty-of-care payments, Difficulty-of-care payments.
- Emergency foster care, maintaining space in home for, Maintaining space in home.
- Expenses unreimbursed and not deductible as charitable contributions, Foster parents.
- Foster care payments and expenses, Foster care payments and expenses.
- Foster child, Foster child., Foster child., Foster care payments and expenses.
-
- Earned income credit, Foster child.
- Foster Grandparent Program, National Senior Services Corps programs.
- Found property, Found property.
- Fractional shares
-
- Payment for, Fractional shares.
- Fraternal societies
-
- Charitable contributions to, Types of Qualified Organizations
- Dues, no charitable deduction, , Contributions From Which You Benefit
- Fraud
-
- Losses due to, Theft
- Penalties, Fraud., Penalties
- Reporting anonymously to IRS, Reminders
- Free tax services, How To Get Tax Help
- Freight
-
- Basis to include, Cost Basis
- Fringe benefits
-
- Accident and health insurance, Accident or Health Plan
- Accounting period, Accounting period.
- Adoption, employer assistance, Adoption Assistance
- Archer MSA contributions, Archer MSA contributions.
-
De minimis benefits,
De Minimis (Minimal) Benefits
- Education assistance, Educational Assistance
- Employer-provided vehicles, Employer-Provided Vehicles
- Form W-2, Form W-2.
- Group-term life insurance premiums, Group-Term Life Insurance
- Holiday gifts, Holiday gifts.
- Retirement planning services, Retirement Planning Services
- Taxable income, Fringe Benefits
- Transportation, Transportation
- Withholding, Taxable Fringe Benefits
- Frozen deposits
-
- Interest on, Interest on frozen deposits.
- IRA rollover period extension, Extension of rollover period.
- Full-time student
-
- Child and dependent care credit, Full-time student.
- Fund-raising events
-
- Charitable contributions, amount deductible, Contributions From Which You Benefit
- Rental of dwelling unit used as home, Donation of use of property.
- Funeral expenses, Do Not Include in Total Support
- Funerals
-
- Clergy, payment for, Clergy
- Expenses, List of Nondeductible Expenses
-
- Contributions to cover, not deductible as charitable donations, Contributions to Individuals
- Not deductible,
- Future interests
-
- Definition of, Tangible personal property., Future interest.
- Tangible personal property, charitable deduction for, Future interests in tangible personal property.
G
- Gains and losses, You can use Form 1040A if all of the following apply., Special Rules, Reporting Gains and Losses
-
- (see also Capital gains)
- (see also Capital gains or losses)
- (see also Capital losses)
- Casualty, Nonbusiness Casualty and Theft Losses, Casualty
-
- (see also Casualty losses)
- Claim for refund for loss, Exceptions for special types of refunds.
- Collectibles, Investment interest deducted.
- Financial institution's bankruptcy causing deductible loss, Loss on Deposits
-
- Reporting of, Loss on deposits.
- Gambling, Gambling Losses Up to the Amount of Gambling Winnings (see Gambling winnings and losses)
- Hobby losses, Hobby losses.
- Ordinary gain and loss, Capital or Ordinary Gain or Loss
-
- Bank deposit, loss due to bank's insolvency or bankruptcy, Casualty loss or ordinary loss.
- Ordinary loss, Capital or Ordinary Gain or Loss
- Passive activity, Rental activity losses., Passive Activity Limits, Passive activity gains and losses.
-
- (see also Passive activity)
- Related party sale or trade of depreciable property, Gain on sale or trade of depreciable property.
- Short-term, Capital Gains and Losses, Short-term gains and losses.
-
- Priority in deducting, Use short-term losses first.
- Sale or trade of property held 1 year or less, Long term or short term.
- Theft, Nonbusiness Casualty and Theft Losses, Theft
-
- (see also Theft losses)
- Total net gain, Total net gain or loss.
- Gambling winnings and losses, Gambling winnings., Gambling Losses Up to the Amount of Gambling Winnings
-
- Form 1040, Form W-2G.
- Withholding, Gambling Winnings, Form W-2G
- Gaming Industry Tip Compliance Agreement Program, Tip Rate Determination and Education Program
- Garnishment and attachment, Garnisheed wages.
- Gas royalties, Oil, gas, and minerals.
- Gems
-
- As capital assets, Capital Assets and Noncapital Assets
- IRA prohibited transactions in, Collectibles.
- General business credit, Credits.
- General Rule (see Annuities)
- General sales taxes, What's New, General sales taxes., General Sales Taxes, , General sales taxes.
- GI Bill benefits, Tuition payments and allowances under the GI Bill.
- Gift taxes
-
- Not deductible, Taxes and Fees You Cannot Deduct
- Gifts
-
- $25 limit on business-related expenses, $25 limit.
- $4 or less for business-related expenses, Exceptions.
- Adjusted basis for, Property Received as a Gift
- Business-related expenses, Gift Expenses, Gift or entertainment.
- Children, income from property given to, Income from property received as a gift.
- Disaster victims receiving cash gifts, Cash gifts.
- Holding period, determination of, Property received as a gift.
- Holiday gifts, Holiday gifts.
- Incidental costs of business-related expenses, Incidental costs.
- Not taxed, Gifts and inheritances.
- Proof of expenses (Table 26-2 summary), Confidential information.
- Recordkeeping requirements, Recordkeeping
- Reporting of expenses, Gifts.
-
- Table 26-3 showing forms to be used, Per diem allowance more than federal rate.
- Schedule A (Form 1040) for deduction, Gifts.
- To reduce the public debt, Gift To Reduce Debt Held by the Public
- Girl Scouts
-
- Charitable contributions to, Examples.,
- Glasses
-
- As medical expense,
- Gold and silver
-
- As capital assets, Capital Assets and Noncapital Assets, Gold, silver, stamps, coins, gems, etc.
- Capital gains or losses from sale or trade of, Investment interest deducted.
- IRA investments in, Exception.
- Golden parachute payments
-
- Tax on, Other taxes.
- Golf clubs (see Country clubs)
- Goodwill Industries (see Charitable contributions)
- Government employees
-
- Federal (see Federal employees)
- State (see State or local governments)
- Graduate school, Qualified Education Expenses
-
- (see also Educational assistance)
- Tuition deduction (see Tuition)
- Grants (see Scholarships and fellowships)
- Grants, disaster relief, Disaster relief grants.
- Gratuities (see Tip income)
- Gross income
-
- Adjustments other than on Form 1040A, Form 1040 to be used, You must use Form 1040 if any of the following apply.
- Age, higher filing threshold after 65, Age.
- Defined, Gross income.
-
- Filing requirements (Table 1-1), Introduction
- Dependent filing requirements (Table 1-2), Do I Have To File a Return?
- Rental income, Rental Income
- Gross income test, Gross Income Test
- Group-term life insurance
-
- Accidental death benefits, Accidental death benefits.
- Definition, Group-term life insurance.
- Exclusion from income, Entire cost excluded.
-
- Limitation on, Group-Term Life Insurance
- Permanent benefits, Permanent benefits.
- Taxable cost, calculation of, Figuring the taxable cost.
- Uncollected social security/Medicare taxes, You must use Form 1040 if any of the following apply.
-
- Reporting of (Table 1-3), Figuring tax.
- Uncollected tax, Other taxes.
- Guam
-
- Income from, Individuals With Income From U.S. Possessions
- Guide dogs
-
- Deductibility as medical expense,
H
- H.R. 10 plans, Qualified plans for self-employed individuals.
- Handicapped persons (see Disabilities, persons with)
- Hawaii
-
- Standard meal allowance, Standard meal allowance for areas outside the continental United States.
- Head of household, Head of household or qualifying widow(er) with dependent child.
-
- Cost of keeping up home, Keeping Up a Home
- Filing requirements (Table 1-1), How to file.
- How to file, How to file.
- Qualifying person, Head of Household
- Qualifying person to file as, Qualifying Person
-
- Summary (Table 2-1), Nonresident alien spouse.
- Qualifying surviving spouse with dependent child, Qualifying Widow(er) With Dependent Child
- Health
-
- Flexible spending arrangement, Health flexible spending arrangement (health FSA).
- Health insurance, Accident or Health Plan
-
- (see also Accident insurance)
- Reimbursement arrangement, Health reimbursement arrangement (HRA).
- Savings account, Health savings accounts (HSA).
- Health coverage tax credit, Who Should File, Health Coverage Tax Credit
- Health insurance
-
- Auto insurance policy covering, not deductible as medical expense,
- Premiums
-
- Credit for workers displaced by foreign trade or receiving pension from PBGC, Reminders
- Deductible as medical expense,
- Self-employed persons, deductible expenses, Health Insurance Costs for Self-Employed Persons
- Reimbursement, Insurance Reimbursement
- Health insurance premiums, Medical insurance premiums.
- Health savings account,
- Health Spa, Health Spa Expenses
- Hearing aids
-
- As medical expense,
- Hedging transactions, Capital Assets and Noncapital Assets
- Help (see Tax help)
- High income taxpayers
-
- Estimated tax, Special rules for farmers, fishermen, and higher income taxpayers.
- High-low rate method to compute per diem, High-low rate.
- Higher education (see Colleges and universities)
- Hobbies, Hobby Expenses
-
- Activity not for profit, Activity not for profit.
- Losses, Hobby losses.
- Holding period
-
- Determination of, Holding Period
- Holiday gifts, Holiday gifts.
- Holiday, deadline falling on, Saturday, Sunday, holiday rule.
- Holocaust victims restitution, Holocaust victims restitution.
- Home, Personal Use of Dwelling Unit (Including Vacation Home), Dwelling Unit Used as Home, Examples, How To Divide Expenses, Home Mortgage Interest, Fully deductible interest., Refinancing., Nonbusiness Casualty and Theft Losses
-
- (see also Casualty losses)
- (see also Mortgages)
- (see also Refinancing)
- (see also Vacation homes)
- Abandonment of, Abandonment.
- Acquisition debt, Fully deductible interest.
-
- (see also Mortgages)
- Aged, home for, Home for the aged.
- As capital asset, Capital Assets and Noncapital Assets
- Basis (see Sale of home)
- Business use of, Home Office
- Closing costs, Settlement fees or closing costs.
- Cost of keeping up, Keeping Up a Home
- Damage to, Nonbusiness Casualty and Theft Losses
-
- (see also Casualty losses)
- Foreclosure, Foreclosure or repossession.
- Improvements
-
- For medical care, deductibility,
- Loans for, Home improvement loan.
- Jointly owned
-
- Mortgage payments as alimony, Payments for jointly-owned home.
- Separate residences in and alimony payments, Spouses cannot be members of the same household.
- Taxes and insurance premiums as alimony, Taxes and insurance.
- Main home, defined, Main Home
- Office, Home Office
- Points, Points on home mortgage.
- Possession before final settlement, rent not deductible as interest, Rental payments.
- Repossession, Foreclosure or repossession.
- Security system, Home Security System
- Settlement fees, Settlement fees or closing costs.
- Tax home, determination for travel-related business expenses, Tax Home
- Tenants in common, taxes and insurance premiums as alimony, Taxes and insurance.
- Home equity loans
-
- Car purchased by, Interest on car loans.
- Interest deduction, Home Mortgage Interest, Fully deductible interest.
- Proceeds invested in tax-exempt securities, interest not deductible, Mortgage proceeds invested in tax-exempt securities.
- Home improvement loans, Home improvement loan.
- Home office
-
- Capital gains exclusion, Business Use or Rental of Home
- Travel to another work location, Office in the home.
- Home schooling:
-
- Expenses not deductible, Qualified expenses.
- Homebuyer credit, First-Time Homebuyer Credit
- Homeowners' associations
-
- Charges, Homeowners' association charges.
- Charitable contributions to, , Contributions to Nonqualified Organizations
- Homeworkers
-
- Deduction of expenses, Statutory employees.
- Hope credit, Information for Only the Hope Credit
-
- Claiming the credit, Claiming the Credit
- Eligible student, Who Is an Eligible Student
- Figuring the credit, Figuring the Credit
- Married filing separately, Special Rules, Who Cannot Claim a Credit
- Modified adjusted gross income (MAGI), Modified adjusted gross income (MAGI).
- Tuition deduction and, No Double Benefit Allowed
- Hope credit:
-
- Tuition deduction and, Who Cannot Claim the Deduction
- Hospitals
-
- Charitable contributions to nonprofits, Examples.,
-
- 50% limit on deduction, 50% limit organizations.
- Meals and lodging provided for patients, deductibility,
- Payments for services for specific patient, not deductible as charitable contributions, Contributions to Individuals
- Services fees, deductibility of medical expense,
- Host or hostess, Host or Hostess
- Hotels
-
- Club dues
-
- Not entertainment expenses, Club dues and membership fees.
- Not considered dwelling units, Dwelling unit.
- Household employees, Employment Taxes for Household Employers
- Household furnishings
-
- Antiques (see Collectibles)
- As capital assets, Capital Assets and Noncapital Assets
- Household items, charitable deduction for, Clothing and household items.
- Household members, Head of household or qualifying widow(er) with dependent child.
-
- (see also Head of household)
- Alimony payments, spouses cannot be members of same household, Spouses cannot be members of the same household.
- Household services, Care of a Qualifying Person, Fees and deposits.
- Household workers (see Domestic help)
- Household workers, no exemption for, Housekeepers, maids, or servants.
- Housing, Keeping Up a Home, Personal Use of Dwelling Unit (Including Vacation Home), Dwelling Unit Used as Home, Examples, How To Divide Expenses
-
- (see also Home)
- (see also Vacation homes)
- Alimony payments made to cover, Payments to a third party.
- Clergy, Clergy
- Cooperative (see Cooperative housing)
- Rental property (see Rental income and expenses)
- Hurricanes, Disaster relief.
-
- (see also Disaster relief)
- Casualty loss due to, Deductible losses.
I
- Icons, use of, Icons., Introduction
- Identification number, qualifying person, Taxpayer identification number.
- Illegal activities
-
- Reporting of, Illegal activities.
- Impairment (see Disabilities, persons with)
- Impairment-related work expenses, Impairment-Related Work Expenses
- Improvements
-
- Real estate, adjustments to basis for, Improvements.
- Rental property (see Rental income and expenses)
- Incidental expenses
-
- Business-related gifts, Incidental costs.
- Travel-related, Incidental expenses.
- Income, Wages, Salaries, and Other Earnings, Reimbursement for medical care., Other Income, Alimony., Utility rebates.
-
- (see also Alimony)
- (see also Wages and salaries)
- Bartering, Bartering
- Canceled debts, Canceled Debts
- Constructive receipt of, Constructive receipt., Payment to an agent., Constructive receipt.
- Excess reimbursement of medical expenses, Excess reimbursement.
- Gross, Gross Income Test
- Illegal activities, Stolen property.
- Interest, Interest Income
- Investment income, Investment income defined.
- Jury duty pay, Jury duty.
- Life insurance proceeds, Life Insurance Proceeds
- Nonemployee compensation, Nonemployee compensation.
- Paid to agent, Payment to an agent.
- Paid to third party, Payment to third party.
- Partnership, Partnership Income
- Prepaid, Income paid in advance.
- Recovery, Recoveries
- Rental (see Rental income and expenses)
- Royalties, Royalties
- S corporation, S Corporation Income
- Tax exempt, Tax-exempt income.
- Taxable income in excess of $100,000, You must use Form 1040 if any of the following apply.
- Taxable income less than $100,000, You can use Form 1040EZ if all of the following apply., You can use Form 1040A if all of the following apply.
- Tips (see Tip income)
- Underreported, Amended Returns and Claims for Refund
- Income aid payment, Repayment of Income Aid Payment
- Income from nonqualified deferred compensation plans
-
- Additional tax on, Other taxes.
- Income taxes
-
- Federal (see Federal income tax)
- Foreign (see Foreign income taxes)
- State or local (see State or local income taxes)
- Income-producing expenses, Other Expenses (Line 23)
- Income-producing property
-
- Deduction of interest on loan for, Income-producing rental or royalty interest.
- Indefinite absence from job
-
- Work-related education during, Indefinite absence.
- Independent contractors
-
- Homeworkers, deduction of expenses, Statutory employees.
- Indians
-
- Employment credit, recapture of
-
- Filing requirements (Table 1-3), Figuring tax.
- Fishing rights, Indian fishing rights.
- Taxes collected by tribal governments, deduction of, Indian tribal government.
- Individual retirement arrangements (IRAs), Rollovers, Individual Retirement Arrangements (IRAs), Rollovers, Roth IRAs, More information.
-
- (see also Rollovers)
- (see also Roth IRAs)
- Administrative fees, Trustees' fees., Trustees' fees., Trustee's Administrative Fees for IRA
- Age 59½ for distribution, Age 59½ rule.
-
- Exception to rule, Exceptions.
- Age 70½
-
- Contributions cut off at, Age 70½ rule.
- Distributions required at, IRA owners., Excess Accumulations (Insufficient Distributions)
- Compensation, defined, What is compensation?
- Contribution limits, How Much Can Be Contributed?, General limit.
-
- Age 50 or older,, General limit.
- Under age 50,, General limit.
- Contributions, You can use Form 1040EZ if all of the following apply., Special Rules, Individual retirement arrangements (IRAs).
-
- Designating year for which contribution is made, Designating year for which contribution is made.
- Excess, Excess Contributions
- Filing before contribution is made, Filing before a contribution is made.
- Nondeductible, Nondeductible Contributions
- Not required annually, Contributions not required.
- Roth IRA contribution for same year, Roth IRAs and traditional IRAs.
- Time of, When Can Contributions Be Made?
- Withdrawal before filing due date, Contributions returned before the due date of return.
- Cost basis, Cost basis., Partly taxable.
- Deduction for, You can use Form 1040A if all of the following apply., How Much Can You Deduct?
-
- Phaseout, What's New for 2008, Deduction phaseout.
- Definition of, Traditional IRAs, What Is a Traditional IRA?
- Distributions
-
- At age 59½, Age 59½ rule., Exceptions.
- Required minimum distributions (see
this heading: Required distributions) (see
this heading: Required distributions)
- Divorced taxpayers, Transfers Incident to Divorce
- Early distributions (see Early withdrawal from deferred interest account)
- Employer retirement plan participants, What's New for 2009, Covered by an employer retirement plan., Limit If Covered by Employer Plan
- Establishing account, Who Can Set Up a Traditional IRA?
-
- Time of, When and How Can a Traditional IRA Be Set Up?
- Where to set up account, When and How Can a Traditional IRA Be Set Up?
- Excess contributions, Excess Contributions
- Forms to use
-
- Form 1099-R for reporting distributions, The 1099 Series, Distributions reported on Form 1099-R.
- Form 8606 for nondeductible contributions, Reminders
- Inherited IRAs, Inherited pension or IRA., Inherited IRAs, Inherited IRAs.
-
- Required distributions, Beneficiaries.
- Interest on, treatment of, Reminders
- Married couples (see
this heading: Spousal IRAs) (see
this heading: Spousal IRAs)
- Modified adjusted gross income (MAGI)
-
- Computation of, Modified adjusted gross income (AGI).
- Nondeductible contributions, Nondeductible Contributions
-
- Early withdrawal, Nondeductible contributions.
- Tax on earnings on, Tax on earnings on nondeductible contributions.
- Ordinary income, distributions as, Ordinary income.
- Penalties, What Acts Result in Penalties or Additional Taxes?
-
- Early distributions (see Early withdrawal from deferred interest account)
- Excess contributions, Excess Contributions
- Form 8606 not filed for nondeductible contributions, Reminders, Penalty for failure to file Form 8606.
- Overstatement of nondeductible contributions, Penalty for overstatement.
- Prohibited transactions, Effect on an IRA account.
- Required distributions, failure to take, When Must You Withdraw IRA Assets? (Required Minimum Distributions), Excess Accumulations (Insufficient Distributions)
- Prohibited transactions, Prohibited Transactions
- Recharacterization of contribution, Recharacterizations
- Reporting of
-
- Distributions, Reporting taxable distributions on your return.
- Filing requirements (Table 1-3), Figuring tax.
- Recharacterization of contributions, Reporting a recharacterization.
- Required distributions, Required distributions., When Must You Withdraw IRA Assets? (Required Minimum Distributions)
-
- Excess accumulations, Excess Accumulations (Insufficient Distributions)
- Retirement savings contribution credit, Special Rules, Retirement Savings Contributions Credit
- Self-employed persons, Self-employment income.
- Spousal IRAs, Reminders, Spousal IRA limit., Spousal IRA., If your spouse is covered.
- Taxability, Exceptions.
-
- Distributions, Are Distributions Taxable?
- Time of taxation, Traditional IRAs
- Transfers permitted, Can You Move Retirement Plan Assets?
-
- To Roth IRAs, Transfers to Roth IRAs., Converting From Any Traditional IRA to a Roth IRA
- Trustee administrative fees, Trustee's Administrative Fees for IRA
- Trustee-to-trustee transfers, Trustee-to-Trustee Transfer
-
- IRA to Roth IRA, Conversion methods.
- Types of, Kinds of traditional IRAs.
- Withdrawals, When Can You Withdraw or Use IRA Assets?, How to treat withdrawn contributions.
-
- Early (see Early withdrawal from deferred interest account)
- Required (see
this heading: Required distributions)
- Withholding, Form W-2., Pensions and Annuities, Withholding.
- Individual taxpayer identification numbers (ITINs), Individual taxpayer identification number (ITIN)., Born and died in 2008.
- Individual taxpayers (see Single taxpayers)
- Information returns, Form W-2., Form 1099., Form W-2., Backup Withholding, Withholding, Reminder, Back pay awards., Accrued leave payment., Stock you chose to include in income.
-
- (see also Form 1099)
- (see also Form W-2)
- Partnerships to provide, Schedule K-1 (Form 1065).
- Inheritance, Estate and trust income.
-
- (see also Estate beneficiaries)
- Adjusted basis for, Inherited Property
- Holding period, determination of, Inherited property.
- IRAs (see Individual retirement arrangements (IRAs))
- Not taxed, Gifts and inheritances.
- Inheritance tax
-
- Deductibility of, Taxes and Fees You Cannot Deduct
- Deduction, Taxes and Fees You Cannot Deduct
- Injured spouse, Joint return and injured spouse.
-
- Claim for refund, Joint return and injured spouse.
- Inmate, Not earned income.
- Innocent spouse relief
-
- Form 8857, Relief from joint liability.
- Joint returns, Relief from joint liability.
- Insider stock compensation from expatriated corporation
-
- Tax on, Other taxes.
- Insolvency
-
- Canceled debt not deemed to be income, Excluded debt.
- Financial institution's insolvency causing deductible loss, Deposit in Insolvent or Bankrupt Financial Institution
-
- Reporting of, Loss on deposits.
- Installment agreements, Installment Agreement
- Installment sales, Other property transactions.
-
- Capital gains and, Installment sales.
- Home sale, Installment sale.
- Insulin
-
- Deductibility as medical expense,
- Insurance
-
- Accident (see Accident insurance)
- Alimony deduction for, when home owned as tenants in common, Taxes and insurance.
- Casualty or theft loss, reimbursement to adjust loss, Insurance and Other Reimbursements
- Distributions from, reporting of, Dividends on insurance policies.
- Dividends
-
- Interest on, Dividends on insurance policies.
- Form 1099-R to report benefits, The 1099 Series
- Life, Pensions and Annuities, Group-term life insurance.
-
- (see also Group-term life insurance)
- (see also Life insurance)
- Living expenses paid by, possible income from, Insurance payments for living expenses.
- Reimbursements
-
- From casualty insurance, Casualty insurance and other reimbursements.
- State insurer delinquency proceedings preventing minimum pension distributions, State insurer delinquency proceedings.
- Trade of policies and annuities, Insurance policies and annuities.
- Withholding against benefits, Form W-2.
- Insurance agents
-
- Deduction of expenses, Statutory employees.
- Insurance companies
-
- State delinquency proceedings, IRA distributions not made due to, Exemption from tax.
- Insurance premiums
-
- Alimony when spouse owns life insurance policy, Life insurance premiums.
- Casualty insurance, Settlement costs.
- Health insurance
-
- Credit for workers displaced by foreign trade or receiving pension from PBGC, Reminders
- Deductible as medical expense,
- Self-employed persons, deductible, Health Insurance Costs for Self-Employed Persons
- Liability, Business Liability Insurance
- Life, Do Not Include in Total Support, Life Insurance Premiums
- Life insurance,
-
- Alimony, Life insurance premiums.
- Medical, Medical insurance premiums.
- Paid in advance, Prepaid insurance premiums.
- Rental expenses, deduction of premiums paid in advance, Insurance premiums paid in advance.
- Insurance premiums:
-
- Public safety officers, Retired public safety officers.
- Insurance proceeds
-
- Dividends, interest on, Interest on insurance dividends.
- Installment payments, Insurance
- Life, Insurance
- Interest
-
- Fees to collect, Fees to Collect Interest and Dividends
- Frozen deposits, Interest income on frozen deposits.
- Usurious, Usurious interest.
- Interest income, Interest Income
-
- Children
-
- Gifts to children, Income from property received as a gift.
- Dividends as, Introduction
- Form 1099-INT, Form 1099., The 1099 Series
- Frozen deposits, from, Interest on frozen deposits.
- Property purchase financed without adequate stated interest, treatment of, Amount realized.
- Recovery of income, on, Interest on recovery.
- Reporting on Forms 1040, 1040A, or 1040EZ, You can use Form 1040A if all of the following apply.
-
- Form 1040EZ filing threshold, You can use Form 1040EZ if all of the following apply.
- Savings bonds, Interest on qualified savings bonds.
-
- (see also U.S. savings bonds)
- Securities, Form 1040 to be used, You must use Form 1040 if any of the following apply.
- Tax refunds, from, Interest on erroneous refund.
- Interest payments, Form 1098., Mortgage interest refund., Interest Expense, Income-producing rental or royalty interest.
-
- (see also Mortgages)
- Allocation of interest according to use of loan, Allocation of Interest
- Canceled debt including, Interest included in canceled debt.
- Car loans, Interest on car loans.
- Deductions
-
- Forms to use (Table 23-1), Mortgage proceeds used for business or investment.,
- Not allowed, Items You Cannot Deduct
- Reporting of, How To Report
- Investment interest, Investment Interest
-
- Limit on deduction, Limit on Deduction
- Personal interest not deductible, Items You Cannot Deduct, Personal Interest
- Reporting of deductions, How To Report
- Student loan interest deduction, Student Loan Interest Deduction
- Student loans deduction, You can use Form 1040EZ if all of the following apply., You can use Form 1040A if all of the following apply., Special Rules, Personal Interest
- Unstated interest, Loans with low or no interest., Amount realized.
- Interference with business operations
-
- Damages as income, Court awards and damages.
- Internal Revenue Service (IRS)
-
- Fraud or misconduct of employee, reporting anonymously, Reminders
- Mission of, IRS mission.
- Underpayment penalties, computation by, IRS can figure the penalty for you.
- International employment (see Foreign employment)
- International organizations, employees of, Employees of international organizations or foreign governments.
- Internet
-
- Electronic filing over (see
E-file
)
- Standard meal allowance rates, Amount of standard meal allowance.
- Inventory, retail, Capital Assets and Noncapital Assets
- Investment income:
-
- Children, Tax on investment income of certain children., Tax on investment income of certain children.
- Investment property
-
- Rental property (see Rental income and expenses)
- Investments
-
- Classes as travel expenses, Conventions
- Expenses, Investment expenses.
- Fees, Investment Fees and Expenses
- Property
-
- As capital asset, Investment Property
- Definition, Investment Property
- Like-kind exchanges, Like-kind exchanges.
- Seminars, Investment-Related Seminars
- Involuntary conversion, Condemnations., Deductible losses.
-
- (see also Condemnation of property)
- Basis computation, Involuntary Conversions
- Basis for depreciation, Basis for depreciation.
- IRAs (see Individual retirement arrangements (IRAs))
- Israel
-
- Contributions to charitable organizations in, Certain foreign charitable organizations., Contributions to Nonqualified Organizations
- Itemized deductions
-
- Adjusted gross income limiting, What's New, Reminder
- Changing from standard to itemized deduction (or vice versa), Changing your mind.
- Choosing to itemize, Who Should Itemize, When to itemize.
- Form 1040 to be used, You must use Form 1040 if any of the following apply., Where to report.
- Limits on, Special Rules, Limit on Itemized Deductions
-
- Charitable donations, deduction for, Reminders
- Married filing separately, Special Rules, Married persons who filed separate returns.
-
- One spouse has itemized, Persons not eligible for the standard deduction.
- Recovery, Itemized Deduction Recoveries
- Standard deduction to be compared with, Who Should Itemize
- State tax, for, Electing to itemize for state tax or other purposes.
- Itinerant workers
-
- Deduction of expenses, Statutory employees.
- Tax home, determination of, Tax Home
- ITINs, Individual taxpayer identification number (ITIN) for aliens. (see Individual taxpayer identification numbers (ITINs))
J
- Jewelry
-
- As capital assets, Capital Assets and Noncapital Assets
- Job, Taxable Fringe Benefits, Car Expenses and Other Employee Business Expenses
-
- (see also
headings starting with "Employee" or "Employer"
)
- (see also
headings starting with "Employee" or "Employer"
)
- Search
-
- Expenses, Job Search Expenses
- Job search
-
- Deduction of expenses for Interviews, Job interview expenses.
- Joint accounts, Joint accounts.
-
- Dividends, reporting of, Stock certificate in two or more names.
- Joint return of parents
-
- Investment income of certain children, Which Parent's Return To Use
- Joint return test, Joint Return Test
- Joint returns
-
- Accounting period, Accounting period.
- After separate return, Joint Return After Separate Returns
- Carryover of capital loss, Joint and separate returns.
- Deceased spouse, Spouse died during the year.
- Dependents on, Joint return.
- Divorced taxpayers, Divorced persons., Divorced taxpayer.
- Estimated tax, Married taxpayers.
- Excess social security/railroad retirement tax withholding credit, Joint return.
- Extension for citizens outside U.S., Married taxpayers.
- Filing status, Married Filing Jointly
- Form 1040EZ, use of, You can use Form 1040EZ if all of the following apply.
- Fraud penalty, Joint return.
- Guardian of spouse, signing as, Signing as guardian of spouse.
- Injured spouse, Joint return and injured spouse.
- Innocent spouse, Relief from joint liability.
- Nonresident or dual-status alien spouse, Nonresident alien or dual-status alien.
- Pensions or annuities, Joint return.
- Personal exemption, Joint return.
- Responsibility for, Reminders, Accounting period.
- Separate return after joint, Separate Returns After Joint Return
- Signing, Spouse unable to sign., Signing a joint return.
- Social security and railroad retirement benefits, Joint return.
- State and local income taxes, deduction of, Joint federal return.
- Judges, federal
-
- Employer retirement plan coverage, Federal judges.
- Jury duty pay, Jury duty.
K
- Keogh plans, Retirement Plans, Pensions, and Annuities, Qualified plans for self-employed individuals.
-
- (see also Retirement plans)
- Kickbacks, Kickbacks.
- Kiddie tax (see Children, subheading: Investment income of)
- Kidnapped children, Kidnapped child.
-
- Losses due to ransom, Theft
- Qualifying child, Kidnapped child.
- Qualifying relative, Kidnapped child.
L
- Labels, Peel-Off Address Label
-
- Address correction, Correcting the label.
- Social security number to be written on, Reminders
- Labor unions
-
- Collective bargaining agreements, Union agreements.
- Contributions to, no charitable deduction for,
- Dues and fees, Union benefits and dues., Contributions to Nonqualified Organizations
- Sick pay withholding under union agreements, Union agreements.
- Strike and lockout benefits, Strike and lockout benefits.
- Trips from union hall to place of work, Union members' trips from a union hall.
- Unemployment compensation payments from, Payments by a union.
- Land, Real Property
-
- (see also Real estate)
- Depreciation not allowed for, Land.
- Landlords (see Rental income and expenses)
- Landscaping
-
- Cost of, when casualty or theft loss involved, Progressive deterioration., Landscaping.
- Larceny
-
- Losses due to, Theft
- Late filing, Reminders
-
- Penalties, Filing late., Filing late., Return over 60 days late.
- Late payment
-
- Penalties on tax payments, Paying tax late.
- Public utility charges, not deductible, Personal Interest
- Laundry
-
- Business-related travel expense, Tax home different from family home., Incidental expenses.
- Lavish or extravagant expenses, Lavish or extravagant expenses.
- Law enforcement officers
-
- Life insurance proceeds when death in line of duty, Public Safety Officer Killed in the Line of Duty
- Lead-based paint removal
-
- Deductibility as medical expense,
- Leased property
-
- Casualty or theft loss, Leased property.
- Leased vehicles
-
- Car expenses, Leasing a car.
- Leases (see Rental income and expenses)
- Legal expenses, Legal Expenses, Personal Legal Expenses
- Liability insurance
-
- Reimbursements from, Casualty insurance and other reimbursements.
- License fees
-
- Deductibility of, Taxes and Fees You Cannot Deduct
- Nondeductibility of, List of Nondeductible Expenses
- Life insurance, You must use Form 1040 if any of the following apply., Group-term life insurance., Accelerated Death Benefits
-
- (see also Accelerated death benefits)
- (see also Group-term life insurance)
- Alimony, premiums when spouse owns policy, Life insurance premiums.
- Demutualization of companies, Demutualization of life insurance companies.
- Form 1099-R for surrender of policy for cash, Surrender of policy for cash.
- Premiums, Life Insurance Premiums
-
- Not deductible,
- Proceeds, Insurance
-
- As income, Life Insurance Proceeds
- Public safety officers who died or were killed in line of duty, tax exclusion, Public Safety Officer Killed in the Line of Duty
- Surrender of policy for cash, Surrender of policy for cash.
- Withholding, Pensions and Annuities
- Life insurance premiums, Do Not Include in Total Support
- Life-care fees
-
- Paid to retirement home and designated for medical care, deductibility,
- Lifetime learning credit
-
- Claiming the credit, Claiming the Credit
- Eligible student, Who Is an Eligible Student
- Figuring the credit, Figuring the Credit, Form 1098-T.
- Married filing separately, Special Rules, Who Cannot Claim a Credit
- Modified adjusted gross income (MAGI), Modified adjusted gross income (MAGI).
- Tuition deduction and, No Double Benefit Allowed
