Index

A

Abusive tax shelters (see Tax shelters)
Accounting fees, Attorney or accounting fees.
Accrual method, Accrual method taxpayers., Accrual method., Holders must use accrual method., When To Deduct Investment Interest
Accuracy-related penalty, Accuracy-related penalty.
Acquisition discount, Government obligations., Acquisition discount on short-term obligations.
Adjusted basis, Basis adjustment., Fair market value equal to or more than donor's adjusted basis., Adjusted Basis, Short sales.
Alaska Permanent Fund dividends, Alaska Permanent Fund dividends., Child's Alaska Permanent Fund dividends.
Amortization of bond premium, Bond Premium Amortization, Bonds acquired after October 22, 1986, but before 1988.
Annuities
Borrowing on, Borrowing on insurance.
Interest on, Interest on annuity contract.
Life insurance proceeds used to buy, Annuity.
Sale of, Sale of Annuity
Single-premium, Single-premium life insurance, endowment, and annuity contracts.
Trade for, Trade of investment property for an annuity., Insurance Policies and Annuities
Applicable federal rate, Applicable federal rate.
Appreciated financial positions, Constructive Sales of Appreciated Financial Positions
Arbitrage bonds, Arbitrage bonds.
Assistance (see Tax help)
At-risk rules, At-risk rules., At-risk rules.
Attorneys' fees, Attorney or accounting fees.
Automatic investment service, Automatic investment service and dividend reinvestment plans., Automatic investment service., Automatic investment service.
Average basis, Average Basis
Double-category method, Transition rule from double-category method.
Illustrated, Average basis method illustrated.

B

Backup withholding, Backup withholding.
Bad debts, Nonbusiness bad debt. , Nonbusiness Bad Debts
Bankrupt financial institutions
Deposit in, Deposit in Insolvent or Bankrupt Financial Institution
Bargain purchases, Bargain purchases.
Basis, Basis of Investment Property, U.S. Treasury Notes or Bonds
Adjusted, Basis adjustment., Fair market value equal to or more than donor's adjusted basis., Adjusted Basis, Short sales.
Average, Average Basis
Cost, Cost Basis, Cost Basis
Inherited property, Property Received as Inheritance
Investment property, Basis of Investment Property
Like-kind exchanges, Basis of property received.
Other than cost, Basis Other Than Cost
REITs, Shares in a mutual fund or REIT.
REMIC, residual interest, Basis in the residual interest.
Replacement stock, Basis of replacement stock.
Shares acquired by reinvestment, Reinvestment right.
Stocks and bonds, Basis adjustment., Basis., Basis., Stocks and Bonds
Bearer obligations, Bearer CDs., Bearer Obligations
Below-market loans, Below-Market Loans
Bonds
Accrued interest on, Accrued interest on bonds.
Amortization of premium, Bond Premium Amortization
Arbitrage, Arbitrage bonds.
Basis, Basis., Stocks and Bonds
Capital asset, Stocks, stock rights, and bonds.
Convertible, Convertible stocks and bonds.
Coupon, Coupon bonds.
Enterprise zone facility, Enterprise zone facility bonds.
Federally guaranteed, Federally guaranteed bonds.
Identification, Identifying stock or bonds sold.
Market discount, Market discount., Limit on interest deduction for market discount bonds., Market discount on bonds., Market discount bonds., Market discount bonds.
New York Liberty bonds, New York Liberty bonds.
Par value, Bonds purchased at par value.
Premiums on, Bond premium., Premiums on bonds.
Private activity, Private activity bonds.
Redemption or retirement of, Redemption or retirement of bonds.
Sold between interest dates, Bonds Sold Between Interest Dates
State and local government, Tax-exempt state and local government bonds.
Stripped, Stripped bonds or coupons., Stripped Bonds and Coupons, Stripped tax-exempt obligation.
Tax credit bonds, Tax credit bonds.
Tax-exempt, Tax-exempt state and local government bonds.
Traded flat, Bonds traded flat.
U.S. savings (see U.S. savings bonds)
U.S. Treasury (see U.S. Treasury bills, notes, and bonds)
Brokerage fees, Fees to buy or sell., Sale expenses.

C

Calls and puts, Puts and Calls
Table 4-3, Table 4-3. Puts and Calls
Capital assets, Capital Assets and Noncapital Assets
Capital gain distributions, Capital Gain Distributions, Basis adjustment., Capital gain distributions., Child's capital gain distributions., Capital gain distributions received.
Capital gains and losses, Capital Gains and Losses, Loss on stock that paid qualified dividends.
Constructive ownership transactions, Gains From Certain Constructive Ownership Transactions
Definition, Capital or Ordinary Gain or Loss
Empowerment zone assets, Exclusion of Gain From DC Zone Assets
Investment property, Investment property.
Long-term, Short-Term or Long-Term Capital Gain or Loss, Long-term gains and losses.
Long-term debt instruments, Long-term debt instruments issued after 1954 and before May 28, 1969 (or before July 2, 1982, if a government instrument).
Losses, limit on, Limit on deduction.
Passive activities, Passive activity gains and losses.
Qualified covered call options, Capital loss on qualified covered call options.
Qualified small business stock, Gains on Qualified Small Business Stock
Reporting requirements, How To Report Gains and Losses (Form 6781), How to report gain.
Rollover of gain from sale of securities, Rollover of Gain From Publicly Traded Securities
Short-term, Short-Term or Long-Term Capital Gain or Loss, Short-term gains and losses.
Tax rates, Capital Gain Tax Rates, Table 4-4. What Is Your Maximum Capital Gain Rate?
Table 4-4, Table 4-4. What Is Your Maximum Capital Gain Rate?
Capital loss carryover, Capital loss carryover., Capital Losses
Worksheet 4-1, Worksheet 4-1. Capital Loss Carryover Worksheet
Cash method, Cash method taxpayers., Cash method., When To Deduct Investment Interest
Reporting options for savings bond interest, Reporting options for cash method taxpayers.
Cash-settled options, Cash-settled options.
Casualty losses, Ordinary loss or casualty loss.
CDOs (Collateralized debt obligations), Collateralized Debt Obligations (CDOs)
Certificates of deposit (CDs), Certificates of Deposit (CDs)
Children
Alaska Permanent Fund dividends, Child's Alaska Permanent Fund dividends.
Capital gain distributions, Child's capital gain distributions.
Custodian account for, Custodian account for your child.
Gifts to, Income from property given to a child.
Investment income of, Tax on unearned income of certain children., Investment income of child reported on parent's return.
Qualified dividends, Child's qualified dividends.
Savings account with parent as trustee, Savings account with parent as trustee.
U.S. savings bond owner, Child as only owner.
Clerical help, Clerical help and office rent.
Co-owners of U.S. savings bonds, Co-owners.
Collateralized debt obligations (CDOs), Collateralized Debt Obligations (CDOs)
Collectibles, Collectibles gain or loss.
Commissions, Commissions and load charges.
Commodity futures, Commodity Futures, Commodity futures.
Community property
U.S. savings bonds, Community property.
Constructive ownership transactions, Constructive ownership of stock., Gains From Certain Constructive Ownership Transactions
Constructive receipt, Constructive receipt.
Constructive sales, Constructive Sales of Appreciated Financial Positions
Contractors, insolvency of, Insolvency of contractor.
Conversion transactions, Conversion Transactions
Convertible stocks and bonds, Convertible stocks and bonds.
Cooperatives, sales of stock to, Sales of Stock to ESOPs or Certain Cooperatives
Corporate distributions, Dividends and Other Distributions
Capital gain, Capital gain distributions., Child's capital gain distributions., Capital gain distributions received.
Constructive, Constructive distributions.
Dividends (see Dividends)
Fractional shares, Fractional shares.
Liquidating, Liquidating Distributions, Liquidating distributions.
Nondividend, Nondividend Distributions, Nondividend distributions.
Return of capital, Basis adjustment.
Stock rights, Distributions of Stock and Stock Rights
Undistributed capital gains, Undistributed capital gains of mutual funds and REITs.
Corporate reorganizations, Corporate reorganizations.
Cost basis, Cost Basis, Cost Basis
Coupon bonds, Coupon bonds.

D

Day traders, Special Rules for Traders in Securities
Dealer equity options, Dealer equity option.
Dealer securities futures contracts, Dealer securities futures contract.
Debt instruments, retirement of, Retirement of debt instrument.
Decedents, Appreciated property you gave the decedent., Decedent's capital loss.
U.S. savings bond interest, reporting of, Decedents.
Demutualization, Demutualization of Life Insurance Companies
Deposits, loss on, Deposit in Insolvent or Bankrupt Financial Institution
Discount on debt instruments, Discount on Debt Instruments
Certificates of deposit, Certificates of Deposit (CDs)
Election to report all interest as OID, Election To Report All Interest as OID
Face-amount certificates, Face-Amount Certificates
Gain or loss treatment, Discounted Debt Instruments
Inflation-indexed, Inflation-Indexed Debt Instruments
Market discount bonds (see Market discount bonds)
Original issue discount (see Original issue discount (OID))
Short-term obligations, Discount on Short-Term Obligations, Short-term government obligations.
Stripped bonds and coupons, Stripped Bonds and Coupons
Discounted debt instruments, Discount on Debt Instruments
Discounted tax-exempt obligations, Discounted tax-exempt obligations.
Dividends, Dividends and Other Distributions, Form 1099-DIV.
(see also Form 1099-DIV)
Alaska Permanent Fund, Alaska Permanent Fund dividends., Child's Alaska Permanent Fund dividends.
Exempt-interest, Exempt-interest dividends., Exempt-interest dividends., Exempt-interest dividends on mutual fund stock.
Extraordinary, Extraordinary dividends.
Holding period, Holding period.
Insurance policies, Dividends on insurance policies.
Money market funds, Money Market Funds
Nominees, Nominees., Nominees.
Ordinary, Ordinary Dividends
Patronage, Patronage dividends.
Payments in lieu of, Payments in lieu of dividends.
Qualified, Qualified Dividends, Qualified dividends., Child's qualified dividends.
Qualified foreign corporation, Qualified foreign corporation.
Received in January, Dividends received in January.
Reinvestment of, Reinvested distributions.
Reinvestment plans, Dividends Used To Buy More Stock, Automatic investment service and dividend reinvestment plans., Dividend reinvestment plans.
Reporting requirements, Form 1099-DIV., How To Report Dividend Income, Stripped Preferred Stock
Restricted stock, Dividends received on restricted stock.
Sale or trade vs., Dividend versus sale or trade.
Scrip, Scrip dividends.
Sold stock, Dividends on stock sold.
Stock, Stock dividends., Stock dividends.
Underreported, Underreported interest and dividends.
Veterans' insurance, Interest on VA dividends., Dividends on veterans' insurance.
Divorce, Property Received From Your Spouse, Transfers Between Spouses

E

Education Savings Bond Program, Education Savings Bond Program
Interest excluded under, Interest excluded under the Education Savings Bond Program.
Recordkeeping requirements, Education Savings Bond Program
Employee stock options, Reminders
Employee stock ownership plans (ESOPs), sales of stock to, Sales of Stock to ESOPs or Certain Cooperatives
Employer identification numbers (EINs), Identifying number.
Empowerment zone, Exclusion of Gain From DC Zone Assets
Endowment contracts, Single-premium life insurance, endowment, and annuity contracts.
Enterprise zone facility bonds, Enterprise zone facility bonds.
Equity option, Equity option.
Estate income received by beneficiary, Beneficiary of an estate or trust.
Exchanges of mutual fund shares, Exchange of Shares In One Mutual Fund For Shares In Another Mutual Fund
Exclusion of gain
DC zone assets, Exclusion of Gain From DC Zone Assets
Exempt-interest dividends on mutual fund stock, Exempt-interest dividends on mutual fund stock.
Expenses of producing income, Expenses of Producing Income

F

Face-amount certificates, Face-Amount Certificates
Fair market value, Fair market value., Fair market value less than donor's adjusted basis., Fair market value.
Federal guarantee on bonds, Federally guaranteed bonds.
Fees to buy or sell, Fees to buy or sell.
Financial asset securitization investment trusts (FASITs), FASITs
First-in first-out (FIFO), First-in first-out (FIFO).
Foreign currency transactions, Foreign currency contract.
Foreign income, Reminders
Form 1040, Form 1040., Form 1040A or Form 1040.
Form 1040, Schedule B, Schedule B (Form 1040A or 1040).
Form 1040, Schedule D, How to report gain.
Form 1040A, Form 1040A.
Form 1040X, Filing a claim for refund.
Form 1041, Filing requirement.
Form 1065, Filing requirement.
Schedule K-1, Schedule K-1 (Form 1065).
Form 1066, Schedule Q, Schedule Q (Form 1066)., Investment expenses from pass-through entities.
Form 1096, File Form 1099-INT with the IRS., File Form 1099-DIV with the IRS., File Form 1099-B or Form 1099-S with the IRS.
Form 1099-B, Form 1099-B., Form 1099-B transactions., File Form 1099-B or Form 1099-S with the IRS.
Form 1099-CAP, Form 1099-CAP transactions.
Form 1099-DIV, General Information, Form 1099-DIV., Form 1099-DIV., File Form 1099-DIV with the IRS.
Form 1099-INT, General Information, Form 1099-INT., Form 1099-INT for U.S. savings bond interest., Form 1099-INT., File Form 1099-INT with the IRS., Forms 1099-INT and 1099-OID., Forms 1099-INT and 1099-OID.
Form 1099-MISC, Form 1099-MISC., Reporting Substitute Payments
Form 1099-OID, Form 1099-OID., Form 1099-OID, Form 1099-OID., Forms 1099-INT and 1099-OID., Forms 1099-INT and 1099-OID.
Form 1099-S, Form 1099-S transactions., File Form 1099-B or Form 1099-S with the IRS.
Form 1120, Filing requirement.
Form 2439, Undistributed capital gains of mutual funds and REITs.
Form 3115, Change from method 2., Choosing To Amortize, How To Make the Mark-to-Market Election
Form 4684, Ordinary loss or casualty loss.
Form 4797, How to report., Losses on Section 1244 (Small Business) Stock, How to report.
Form 4952, Form 4952
Form 6198, At-risk rules.
Form 6781, Form 6781., How to report., How To Report Gains and Losses (Form 6781), Section 1256 contracts and straddles.
Form 8275, Negligence or disregard of rules or regulations.
Form 8275-R, Negligence or disregard of rules or regulations.
Form 8582, Form 8582.
Form 8615, Tax on unearned income of certain children.
Form 8815, Form 8815., Figuring the interest part of the proceeds (Form 8815, line 6)., Interest excluded under the Education Savings Bond Program.
Form 8824, How to report.
Form 8832, Clubs formed before 1997.
Form 8886, Reportable Transaction Disclosure Statement, Negligence or disregard of rules or regulations.
Form 8949
Bad debts, How to report bad debts.
Basis adjustment, Basis adjustment.
Capital Gains, Reporting Capital Gains and Losses
Capital Losses, Reporting Capital Gains and Losses
Cooperative, sale to certain, Sales of Stock to ESOPs or Certain Cooperatives
Copyrights in musical works, Capital asset treatment for self-created musical works.
Employee stock ownership plan, sale to, Sales of Stock to ESOPs or Certain Cooperatives
Empowerment Zone Assets, Exclusion of Gain From DC Zone Assets
Exempt-interest dividends, Exempt-interest dividends on mutual fund stock.
Form 1099-B, Form 1099-B., Form 1099-B transactions.
Form 1099-CAP, Form 1099-CAP transactions.
Form 1099-S, Form 1099-S transactions.
Fractional shares, Fractional shares.
Gain, qualified small business stock, How to report gain.
How to fill in, generally, Reporting Capital Gains and Losses
Long-term gains and losses, Long-term gains and losses.
Marked-to-market election, Mark-to-market election made.
Market discount bonds, Market discount bonds., Market discount bonds.
Musical compositions, Capital asset treatment for self-created musical works.
Nominees, Nominees.
Nonbusiness bad debt, Nonbusiness bad debt.
Nondividend distributions, Nondividend distributions.
Option, How to report.
Property bought at various times, Sale of property bought at various times.
Rollover, publicly traded securities, Rollover of Gain From Publicly Traded Securities
Rollover, qualified small business stock, How to report gain.
Sale expenses, Sale expenses.
Short-term gains and losses, Short-term gains and losses.
Software, Stocks and Bonds
Worthless securities, How to report loss.
Form SS-4, Identifying number.
Form W-8BEN, Nonresident aliens.
Form W-9, Certification.
Fractional shares, Fractional shares., Automatic investment service.
Free tax services, Free help with your tax return.
Frozen deposits, Interest income on frozen deposits., Frozen deposits.
Futures contracts
Regulated, Regulated futures contract.
Securities, Securities futures contract. , Securities futures contract to sell., Securities Futures Contracts
Futures, commodity, Commodity Futures, Commodity futures.
Wash sales, Options and futures contracts.

H

Hedging transactions, Hedging exception., Hedging Transactions, Hedging transaction.
Help (see Tax help)
Holding period
Investment property, Holding Period
Replacement stock, Holding period of replacement stock.
Shares acquired by reinvestment, Reinvested distributions.
Straddles, Holding Period and Loss Treatment Rules

I

Income from sources outside U.S., Reminders
Income tax treaties (Table 1-3), Qualified Dividends
Indian tribal government, Indian tribal government.
Individual retirement arrangements (IRAs)
Interest income, Individual retirement arrangements (IRAs).
Inflation-indexed debt instruments, Inflation-Indexed Debt Instruments, Stripped inflation-indexed debt instruments.
Inherited property
Basis, Property Received as Inheritance
Holding period, Inherited property.
Transfer by inheritance, Transfer by inheritance.
Insolvency of contractors, Insolvency of contractor.
Installment sales, Installment sales.
Insurance
Borrowing on, Borrowing on insurance.
Dividends, interest on, Interest on insurance dividends., Dividends on insurance policies.
Interest option on, Interest option on insurance.
Life insurance companies, demutualization, Demutualization of Life Insurance Companies
Life, paid to beneficiary, Insurance
Prepaid premiums, Prepaid insurance premiums.
Single-premium life, Single-premium life insurance, endowment, and annuity contracts.
Trades, Insurance Policies and Annuities
Veterans' dividends, interest on, Interest on VA dividends., Dividends on veterans' insurance.
Interest expenses
Allocation of, Allocation of Interest Expense
Investment interest, Investment Interest
Limit on, Limit on interest deduction for market discount bonds., Limit on Deduction
When to deduct, When To Deduct Investment Interest
Margin accounts, Interest on margin accounts.
Paid in advance, Interest paid in advance.
Straddles, Interest expense and carrying charges on straddles.
Interest income, Interest Income
Annuity contracts, Interest on annuity contract.
Bonds traded flat, Bonds traded flat.
Certificates of deposits, Certificates of deposit and other deferred interest accounts.
Condemnation awards, Interest on condemnation award.
Deferred interest accounts, Certificates of deposit and other deferred interest accounts.
Dividends on deposit or share accounts, Dividends that are actually interest.
Frozen deposits, Interest income on frozen deposits., Frozen deposits.
Gift for opening account, Gift for opening account.
Individual retirement arrangements (IRAs), Individual retirement arrangements (IRAs).
Installment sale payments, Installment sale payments.
Insurance dividends, Interest on insurance dividends.
Money market funds, Money market funds.
Nominee distributions, Nominees.
Prepaid insurance premiums, Prepaid insurance premiums.
Reporting, When To Report Interest Income, Penalty on early withdrawal of savings.
Seller-financed mortgage, Form 1040A., Interest on seller-financed mortgage.
Tax refunds, Interest on tax refunds.
Tax-exempt, Tax-Exempt Interest, Reporting tax-exempt interest.
Taxable, Taxable Interest — General, Bonds traded flat., Taxation of interest., Taxable Interest
U.S. savings bonds, person responsible for tax (Table 1-2), Table 1-2. Who Pays the Tax on U.S. Savings Bond Interest
Underreported, Underreported interest and dividends.
Unstated, Unstated interest.
Usurious interest, Usurious interest.
VA insurance dividends, Interest on VA dividends.
Investment clubs, Investment Clubs, Filing requirement.
Investment counsel and advice, Investment counsel and advice.
Investment expenses, Investment Expenses
Allocated, Allocated investment expenses.
At-risk rules, At-risk rules.
Deductible, Expenses of Producing Income
Interest, Investment interest deducted.
Limits on deductions, Limits on Deductions
Nondeductible, Nondeductible Expenses
Pass-through entities, Investment expenses from pass-through entities.
Reporting requirements, How To Report Investment Expenses
Investment income, Investment Income
Children, Tax on unearned income of certain children., Investment income of child reported on parent's return.
General Information, General Information
Net income, Net Investment Income
Records to keep, General Information
Reporting of (Table 1-1), Table 1-1.Where To Report Common Types of Investment Income
Investment property, Investment property.
Basis, Basis of Investment Property
Definition, Investment property.
Gain or loss treatment, Investment property.
Gift, received as, Property Received as a Gift
Holding period, Holding Period
Liquidation, received in, Investment property received in liquidation.
Nontaxable trades, received in, Property Received in Nontaxable Trades
Sales and trades, Sales and Trades of Investment Property
Services, received for, Property Received for Services
Spouse, received from, Property Received From Your Spouse
Taxable trades, received in, Property Received in Taxable Trades

J

Joint accounts, Joint accounts.
Joint and separate returns, Joint return., Joint and separate returns.

L

Life insurance companies
demutualization, Demutualization of Life Insurance Companies
Like-kind exchanges, Like-Kind Exchanges, Like-Kind Exchanges
Basis of property received, Basis of property received.
Reporting requirements, How to report.
Liquidating distributions, Liquidating Distributions, Investment property received in liquidation.
Listed options, Listed option.
Load charges, Commissions and load charges.
Loans
Below-market, Below-Market Loans, Effective dates.
Gift and demand, Gift and demand loans.
Guarantees, Loan guarantees.
Term, Term loans.
Local government obligations (see State or local government obligations)
Long-term capital gains and losses, Short-Term or Long-Term Capital Gain or Loss, Long-term gains and losses.
Long-term debt instruments, Long-term debt instruments issued after 1954 and before May 28, 1969 (or before July 2, 1982, if a government instrument).
Losses on sales or trades, Property received from a related party.
(see also Capital gains and losses)
Amount calculation, How To Figure Gain or Loss
Carryback election, Loss carryback election., Loss carryback election.
Mutual fund or REIT stock held 6 months or less, Loss on mutual fund or REIT stock held 6 months or less.
Passive activities, Passive activity losses., Passive activity losses., Passive activity losses and credits., Losses from passive activities.
Related parties, Losses on Sales or Trades of Property
Section 1244 (small business) stock, Losses on Section 1244 (Small Business) Stock
Small business investment company stock, Losses on Small Business Investment Company Stock
Wash sales, Coordination of Loss Deferral Rules and Wash Sale Rules

M

Mark-to-market election, Mark-to-market election made.
Marked-to-market rules, Marked-to-Market Rules, Mark-to-market election made.
Market discount bonds, Market discount., Market Discount Bonds, Partial principal payments., Limit on interest deduction for market discount bonds., Market discount on bonds., Market discount bonds., Market discount bonds.
Accrued market discount, Accrued market discount.
Maximum rate of capital gains (Table 4-4), Table 4-4. What Is Your Maximum Capital Gain Rate?
Mechanics' and suppliers' liens, Mechanics' and suppliers' liens.
Meetings, expenses of attending, Stockholders' meetings.
Missing children, photographs of, Reminders
Mixed straddles, Mixed straddles., Mixed straddles.
Money market funds, Money Market Funds
Interest income, Money market funds.
Mortgages
Revenue bonds, Mortgage revenue bonds.
Secondary liability on home, Secondary liability on home mortgage.
Seller-financed, Interest on seller-financed mortgage.
Municipal bonds, State or Local Government Obligations, Reporting tax-exempt interest., Tax-exempt state and local government bonds.
(see also State or local government obligations)
Mutual funds, Capital Gain Distributions, Other income (nonpassive income)., Choosing to include net capital gain., Including mutual fund or REMIC expenses in income., Shares in a mutual fund or REIT., Special Rules for Mutual Funds, Loss on mutual fund or REIT stock held 6 months or less.
Individual retirement arrangements (IRAs), Qualified retirement plans and IRAs.
publicly offered, Publicly-offered mutual funds.

N

Net Investment Income Tax, What's New, Net investment income tax (NIIT).
New York Liberty bonds, New York Liberty bonds.
NIIT, What's New, Net investment income tax (NIIT).
Nominee distributions
Dividends, Nominees., Nominees.
Interest income, Nominees., Nominee distributions.
Original issue discount, Nominee.
Nonbusiness bad debts, Nonbusiness bad debt. , Nonbusiness Bad Debts
Noncapital assets, Capital Assets and Noncapital Assets
Nondeductible investment expenses, Nondeductible Expenses
Nondividend distributions, Nondividend Distributions
Nonequity options, Nonequity option.
Nonqualified preferred stock, Nonqualified preferred stock.
Nonresident aliens
Backup withholding, Nonresident aliens.
Nontaxable return of capital, Basis adjustment.
Nontaxable stock rights, Nontaxable stock rights.
Nontaxable trades, Nontaxable Trades, Nontaxable trades.
Notes
Individuals, bought at discount, Notes of individuals.
U.S. Treasury (see U.S. Treasury bills, notes, and bonds)

P

Pass-through entities
Rollover of gain, Pass-through entity.
Passive activities
Gains and losses, Passive activity losses., Passive activity losses., Passive activity losses and credits., Losses from passive activities., Passive activity gains and losses.
Patronage dividends, Patronage dividends.
Penalties
Accuracy-related, Accuracy-related penalty., Accuracy-related penalties.
Backup withholding, Penalties.
Civil fraud, Civil fraud penalty.
Early withdrawal, Interest subject to penalty for early withdrawal., Penalty on early withdrawal of savings.
Failure to pay tax, Failure to pay tax.
Failure to supply SSN, Penalty for failure to supply SSN.
Substantial understatement, Substantial understatement of tax.
Valuation misstatement, Substantial valuation misstatement.
Political parties
Debts owed by, Debts owed by political parties.
Preferred stock
Nonqualified, Nonqualified preferred stock.
Redeemable at a premium, Preferred stock redeemable at a premium.
Stripped, Stripped Preferred Stock
Premiums on bonds, Bond premium., Premiums on bonds.
Private activity bonds, Private activity bonds.
Public utility stock reinvestment, Public utilities.
Publications (see Tax help)
Puts and calls, Puts and Calls
Table 4-3, Table 4-3. Puts and Calls

R

Real estate investment trusts (REITs), Undistributed capital gains of mutual funds and REITs., Shares in a mutual fund or REIT., Loss on mutual fund or REIT stock held 6 months or less.
Real estate mortgage investment conduits (REMICs), REMICs, Expenses., Including mutual fund or REMIC expenses in income.
Regular interest, Regular Interest
Residual interest, Residual Interest, Residual interests in a REMIC.
Recordkeeping requirements
Education Savings Bond Program, Education Savings Bond Program
Investment income, General Information
Small business stock, Losses on Section 1244 (Small Business) Stock
Redemption of stock, Redemption of stock.
Redemption or retirement of bonds, Redemption or retirement of bonds.
Regulated futures contract, Regulated futures contract.
Reinvestment rights, Commissions and load charges.
REITs (see Real estate investment trusts (REITs))
Related party transactions, Unpaid expenses owed to related party., Related Party Transactions, Property received from a related party.
Related persons, Related persons.
REMICs (see Real estate mortgage investment conduits (REMICs))
Reorganizations, corporate, Corporate reorganizations.
Reporting requirements
Bad debts, How to report bad debts.
Bond premium amortization, How To Report Amortization
Capital gains and losses, How To Report Gains and Losses (Form 6781), How to report gain., Reporting Capital Gains and Losses
Dividend income, How To Report Dividend Income
Exempt-interest dividends, Information reporting requirement.
Interest on U.S. savings bonds, Reporting options for cash method taxpayers., Choice to report interest each year.
Investment expenses, How To Report Investment Expenses
Like-kind exchanges, How to report.
Options, How to report.
Original issue discount, Form 1099-OID
S corporation income, deductions, and credits, Reporting S corporation income, deductions, and credits.
Section 1256 contracts, How To Report
State or local government obligations, Information reporting requirement.
Straddles, Section 1256 contracts and straddles.
Substitute payments, Reporting Substitute Payments
Tax-exempt interest income, Reporting tax-exempt interest.
Trades, How To Report
Repossession of real property, Real property repossessed.
Restricted property, Restricted property.
Restricted stock, Dividends received on restricted stock.
Retirement of debt instrument, Retirement of debt instrument.
Return of capital (see Nondividend distributions)
Revocable trust, trustee's commissions for, Trustee's commissions for revocable trust.
Rollover of gain from sale
Securities, Rollover of Gain From Publicly Traded Securities, Rollover of Gain

S

S corporations, S Corporations, S corporation stock.
Safe deposit box, Safe deposit box rent.
Sales and trades of investment property, Sales and Trades of Investment Property
Definition, What Is a Sale or Trade?
Savings bonds (see U.S. savings bonds)
SBIC stock (see Small business investment company stock)
Scrip dividends, Scrip dividends.
Section 1202 gain, Section 1202 Exclusion, Gain on qualified small business stock.
Section 1244 stock, Losses on Section 1244 (Small Business) Stock
Section 1250 gain, Unrecaptured section 1250 gain.
Section 1256 contracts, Section 1256 Contracts Marked to Market, Section 1256 contracts., Section 1256 contract options., Section 1256 contracts and straddles.
Net gain on, Net section 1256 contracts gain.
Net loss on, Net section 1256 contracts loss.
Reporting requirements, How To Report
Securities
Holding period, Holding Period
Installment sales, Installment sales.
Lost, stolen, etc., cost of replacing, Cost of replacing missing securities.
Rollover of gain from sale, Rollover of Gain From Publicly Traded Securities, Rollover of Gain
Traders in, Special Rules for Traders in Securities
Worthless, Worthless Securities, Worthless securities.
Securities futures contracts, Dealer securities futures contract., Securities futures contract. , Securities Futures Contracts
Self-employment income, Self-Employment Income
Self-employment tax, Self-employment tax.
Seller-financed mortgages, Interest on seller-financed mortgage.
Short sales, Short Sales, Extraordinary dividends.
Adjusted basis, Short sales.
Expenses of, Short-sale expenses.
Extraordinary dividends, Extraordinary dividends.
Puts, Put option as short sale.
Small business investment company stock, Short sale.
Short-term capital gains and losses, Short-Term or Long-Term Capital Gain or Loss, Short-term gains and losses.
Short-term obligations, Discount on Short-Term Obligations, Choosing to include accrued discount and other interest in current income., Acquisition discount on short-term obligations., Short-term government obligations.
Interest deduction, limit on, Limit on interest deduction for short-term obligations.
Sixty/forty (60/40) rule, 60/40 rule.
Small business investment company stock, Losses on Small Business Investment Company Stock, SSBIC stock.
Reporting requirements, How to report.
Small business stock, Qualified small business stock., Losses on Section 1244 (Small Business) Stock, Qualified small business stock., Gains on Qualified Small Business Stock
Social security number (SSN)
Custodial accounts, Custodian account for your child.
Joint accounts, SSN for joint account.
Requirement to give, Social security number (SSN).
Specialized small business investment company stock, Specialized small business investment company stock or partnership interest., SSBIC stock.
Spouses
Transfers between, Property Received From Your Spouse, Transfers Between Spouses
(see also Related party transactions)
State or local government obligations, State or Local Government Obligations, Taxable Interest
Market discount bonds (see Market discount bonds)
Private activity bonds, Private activity bonds.
Registration requirement, Registration requirement.
Tax-exempt interest, Tax-Exempt Interest
Taxable interest, Taxable Interest
Stock
Basis, Basis adjustment., Basis adjustment., Basis., Stocks and Bonds, Basis of replacement stock.
Capital asset, Stocks, stock rights, and bonds.
Constructive ownership, Constructive ownership of stock.
Convertible, Convertible stocks and bonds.
Corporate, Corporate Stocks
Dividends (see Dividends)
Fractional shares, Fractional shares., Automatic investment service.
Identification, Identifying stock or bonds sold.
Installment sales, Installment sales.
Nonqualified preferred stock, Nonqualified preferred stock.
Options for employees, Reminders
Public utility, reinvestment, Public utilities.
Redemption of, Redemption of stock.
Replacement stock, Basis of replacement stock.
Restricted stock, Dividends received on restricted stock.
Rights, Distributions of Stock and Stock Rights, Stock rights., Nontaxable stock rights.
S corporations, S corporation stock.
Sales to ESOPs or cooperatives, Sales of Stock to ESOPs or Certain Cooperatives
Small business, Qualified small business stock., Qualified small business stock.
Specialized small business investment company, Specialized small business investment company stock or partnership interest.
Splits, Stock splits.
Straddles (see Straddles)
Stripped preferred stock, Stripped Preferred Stock
Surrender of, Surrender of stock.
Trades, Stock for stock of the same corporation.
Trust instruments treated as, Certain trust instruments treated as stock.
Straddles, Straddles, Interest expense and carrying charges relating to mixed straddle account positions.
Holding period, Holding Period and Loss Treatment Rules
Interest expense and carrying charges, Interest expense and carrying charges on straddles.
Loss deferral rules, Loss Deferral Rules
Mixed, Mixed straddles., Mixed straddles., Mixed Straddle Elections
Reporting requirements, Section 1256 contracts and straddles.
Stripped bonds and coupons, Stripped bonds or coupons., Stripped Bonds and Coupons, Stripped tax-exempt obligation.
Stripped preferred stock, Stripped Preferred Stock
Substitute payments, Reporting Substitute Payments

T

Tables
Capital gains maximum rate (Table 4-4), Table 4-4. What Is Your Maximum Capital Gain Rate?
Income tax treaties (Table 1-3), Qualified Dividends
Investment income, reporting of (Table 1-1), Table 1-1.Where To Report Common Types of Investment Income
Puts and calls (Table 4-3), Table 4-3. Puts and Calls
U.S. savings bonds, person responsible for tax (Table 1-2), Table 1-2. Who Pays the Tax on U.S. Savings Bond Interest
Tax credit bonds, Tax credit bonds.
Tax help, How To Get Tax Help
Tax rates, What's New
Capital gain and losses, Capital Gain Tax Rates
Tax refunds
Interest on, Interest on tax refunds.
Tax shelters, Tax Shelters and Other Reportable Transactions, Whether To Invest
Penalties, Penalties
Reporting requirements, Investor Reporting
Rules to curb abuse, Rules To Curb Abusive Tax Shelters
Tax-exempt bonds, Tax-exempt state and local government bonds.
Tax-exempt income
Expenses of, Tax-exempt income.
Interest, Tax-Exempt Interest, Reporting tax-exempt interest.
Tax-exempt obligations, Tax-Exempt Interest, Stripped tax-exempt obligations., Discounted tax-exempt obligations.
Taxable income, expenses of, Expenses for both tax-exempt and taxable income.
Taxes
State and local transfer, State and local transfer taxes.
State income, State income taxes.
Term loans, Term loans.
Trade or business, Passive activity.
Traders in securities, Special Rules for Traders in Securities
Trades
Insurance, Insurance Policies and Annuities
Investment property, Sales and Trades of Investment Property
Like-kind, Like-Kind Exchanges, Like-Kind Exchanges
Nontaxable, Property Received in Nontaxable Trades, Nontaxable Trades, Nontaxable trades.
Reporting requirements, How To Report
Stock, Stock for stock of the same corporation.
Taxable, Property Received in Taxable Trades
U.S. Treasury notes or bonds, U.S. Treasury Notes or Bonds
Treasury bills, notes, and bonds (see U.S. Treasury bills, notes, and bonds)
Treasury inflation-indexed securities, Inflation-Indexed Debt Instruments
Treasury inflation-protected securities (TIPS), Treasury inflation-protected securities (TIPS)., Inflation-Indexed Debt Instruments
Treaties, income tax (Table 1-3), Qualified Dividends
Trust income received by beneficiary, Beneficiary of an estate or trust.
Trustee's commission for revocable trust, Trustee's commissions for revocable trust.

V

Veterans' insurance
Dividends on, Dividends on veterans' insurance.

W

Warrants, Warrants.
Wash sales, Wash Sales, Securities Futures Contracts
Holding period, Wash sales.
Loss deferral rules, straddles, Coordination of Loss Deferral Rules and Wash Sale Rules
Withholding, backup, Backup withholding.
Worksheets
Capital loss carryover, Worksheet 4-1. Capital Loss Carryover Worksheet
Worthless securities, Worthless Securities, Worthless securities.

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