J.K. Lasser's 1001 Deductions and Tax Breaks 2022. Barbara Weltman

J.K. Lasser's 1001 Deductions and Tax Breaks 2022 - Barbara Weltman


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Real Estate Vacation Home Home Office Timeshares Rentals Low‐Income Housing Credit Rehabilitation Credit Like‐Kind Exchanges Deduction for Energy‐Efficient Commercial Buildings Qualified Improvement Property Conservation Easements

      15  CHAPTER 11: Borrowing and Interest Home Mortgage Interest Student Loan Interest Borrowing from Retirement Plans Investment‐Related Interest Business Interest Accrued Interest on Bond Purchases Below‐Market Loans Bad Debts Debt Forgiveness

      16  CHAPTER 12: Insurance and Catastrophes Casualty, Theft, and Disaster Losses Economic Impact Payments Disaster Relief Payments Damages Disability Coverage Accelerated Death Benefits Legal Fees Identity Theft Losses Tax Identity Theft and Relief

      17  CHAPTER 13: Your Job Educator Expenses Prizes and Awards Performing Artists State or Local Government Officials Paid on a Fee Basis Repayment of Supplemental Unemployment Benefits Jury Duty Pay Turned Over to Your Employer Impairment‐Related Expenses Military Benefits Contributions to State Benefit Programs Dependent Care Assistance Fringe Benefits Income Earned Abroad

      18  CHAPTER 14: Your Business Start‐Up Costs Qualified Business Income Deduction Equipment Purchases Payment for Services Supplies Gifts Self‐Employment Tax Deduction Home Office Deduction Farming‐Related Breaks Other Business Deductions Business Credits Net Operating Losses COVID‐19 Government Assistance

      19  CHAPTER 15: Miscellaneous Items State and Local Income Taxes State and Local Sales Taxes Certain Federal Taxes Tax Refunds Legal Fees Gifts You Receive Inheritances Life Insurance Proceeds Gambling Losses Estate Tax Deduction on Income in Respect of a Decedent Rebates and Discounts Government Benefits Olympic Medals Alternative Minimum Tax

      20  APPENDIX A: Items Adjusted Annually for Inflation

      21  APPENDIX B: Checklist of Tax‐Free Items

      22  APPENDIX C: Checklist of Nondeductible Items Nondeductible Items

      23  Index


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