| Description |
1 online resource (642 p.) |
| Contents |
Intro -- Title Page -- Copyright Page -- Table of Contents -- Introduction -- About This Book -- Foolish Assumptions -- Icons Used in This Book -- Beyond the Book -- Where to Go from Here -- Part 1 Getting Ready to File -- Chapter 1 Understanding the U.S. Tax System -- Figuring Out the U.S. Tax System -- You can reduce your taxes -- Beyond April 15: What you don't know can cost you -- The costs of procrastination -- The consequences of poor advice -- Understanding Your Income Tax Rates -- Adding up your total taxes -- Following your marginal income tax rate |
|
States want in on the income tax action, too -- The second tax system: Alternative Minimum Tax -- Noting the Forever Changing Tax Laws -- The Tax Cuts and Jobs Act of 2017 -- The SECURE acts of 2019 and 2022 -- Possible upcoming changes -- Chapter 2 Tax Return Preparation Options and Tools -- Going It Alone: Preparing Your Own Return -- Taking Advantage of IRS Publications -- Perusing Tax-Preparation and Advice Guides -- Using Software -- Accessing Internet Tax Resources -- Internal Revenue Service -- Research -- Tax preparation sites -- Hiring Help -- Deciding whether you really need a preparer |
|
Unenrolled preparers -- Enrolled agents (EAs) -- Certified public accountants (CPAs) -- Tax attorneys -- Finding Tax Preparers and Advisors -- Chapter 3 Getting and Staying Organized -- Maintaining the Burden of Proof -- Keeping Good Records -- Ensuring a complete and accurate tax return -- Setting up a recordkeeping system -- Deciding when to stash and when to trash -- Reconstructing Missing Tax Records -- Property received by inheritance or gift -- Researching newspaper ads -- Consulting local real estate board and broker records -- Obtaining assessed values |
|
Using the Consumer Price Index (CPI) -- Securities received by inheritance or gift -- Improvements to a residence -- Obtaining a Certificate of Occupancy -- Getting an estimate -- Casualty losses -- Business records -- Using duplicate account statements -- Understanding the Cohan Rule -- Chapter 4 What Kind of Taxpayer Are You? -- What Rendition of 1040 Shall We Play? -- Form 1040 -- Form 1040-SR -- Form 1040-NR -- Choosing a Filing Status -- Single -- Married filing jointly -- Married filing separately -- Head of household -- Qualifying widow(er) with dependent child -- Counting your dependents |
|
Deciding who is your dependent -- Test 1: Member of your household or relative -- Test 2: Married person -- Test 3: Citizen or resident -- Test 4: Income -- Test 5: Support -- Securing Social Security numbers for dependents -- Filing for Children and Other Dependents -- Defining Who Is a Qualifying Child -- Age test -- Relationship test -- Residency test -- Support test -- Filing a Return for a Deceased Taxpayer -- Must I File? -- When to file -- If you don't file -- Where to file -- How to file -- Electronic filing -- Filing by mail or other private delivery service -- A Final Bit of Advice |
| Notes |
Description based upon print version of record |
|
Part 2 Tackling the Main Forms |
| Form |
Electronic book
|
| Author |
Munro, Margaret A
|
| ISBN |
9781394226474 |
|
1394226470 |
|
