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
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- 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
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- Cleaning up or making repairs, Cost of cleaning up or making repairs.
- Photographs and appraisals, Costs of photographs and appraisals.
- Deductible losses, Deductible losses.
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- $100 rule, $100 Rule
- When to take (Table 25-2), Gains more than losses.
- Deduction limits, Deduction Limits
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- For personal property (Table 25-1), Actual reimbursement same as expected.
- Definition of casualty, Casualty
- Disasters, Employer's emergency disaster fund., Disaster relief.
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- (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
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- Charitable contributions to, Types of Qualified Organizations
- Certificate, mortgage credit, Who qualifies.
- Certificates of deposit (CDs), Certificates of deposit (CDs)., Individual Retirement Arrangements (IRAs)
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- (see also Individual retirement arrangements (IRAs))
- Chambers of commerce
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- 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
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- Life insurance proceeds when death in line of duty, Public Safety Officer Killed in the Line of Duty
- Charitable contributions, Contributions, How To Report
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- $500 or more noncash contribution
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- 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.
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- Limit on deduction, 50% Limit, 30% Limit, 20% Limit
- Carryover of excess deduction, Carryovers
- Deductions
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- 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.
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- 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
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- 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
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- 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
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- Deduction amount for charitable contributions, Charity benefit events.
- Check-writing fees, Check-Writing Fees on Personal Account
- Checklists
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- Medical and dental expense deductions (Table 21-1), Medicare A.
- Checks
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- 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.
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- 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
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- 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.
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- 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
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- 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
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- 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
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- Credit, Child and Dependent Care Credit
- Provider
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- Taxpayer identification number, Provider Identification Test
- Children, Adoption Assistance, Personal Expenses
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- (see also Adoption)
- Additional credit on child tax credit, Additional Child Tax Credit
- Adoption (see Adopted child)
- Babysitters, Babysitting.
- Birth of child
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- 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.
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