From the Book - Eighty-ffith edition.
Tax-saving opportunities for 2021
Payments resulting from the CARES Act
Part I : Filing basics : Filing status
Part II : Reporting your income : Wages, salary, and other compensation
Dividend and interest income
Tax-free exchanges of property
Retirement and annuity income ; IRAs
Income from real estate rents and royalties
Loss restrictions : passive activities and at-risk limits
Part 3 : Claiming deductions : Deductions allowed in figuring adjusted gross income
Claiming the standard deduction or itemized deductions
Charitable contribution deductions
Itemized deduction for interest expenses
Medical and dental expense deductions
Casualty and theft losses and involuntary conversions
Deducting job costs and other miscellaneous expenses
Travel and entertainment expense deductions
Part 4 : Personal tax computations : Figuring your regular income tax liability
Computing the "kiddie tax" on your child's investment income
Personal tax credits reduce your tax liability
Part 5 : Tax planning : Tax planning overview
Tax savings for residence sales ; Tax rules for investors in securities
Tax savings for investors in real estate
Tax rules for investors in mutual funds
Special tax rules for senior citizens
Members of the Armed Forces
How to treat foreign earned income
Planning alimony and marital settlements
Household employment taxes ("Nanny tax")
Gift and estate tax planning
Part 6 : Business tax planning : Income or loss from your business or profession
Retirement and medical plans for self-employed
Claiming depreciation deductions
Deducting car and truck expenses
Sales of business property
Figuring self-employment tax
Part 7 : Filing your return and what happens after you file : Filing your return
Filing refund claims, and amended returns
If the IRS examines your return
