Tab 1: Tax Table and EIC Table
Tax Table, EIC Table
Tab 2: States Quick Reference
Tab 3: Quick Facts, Worksheets, Where to File
Quick Facts Data Sheet, Business Use of Home Worksheet, Capital Loss Carryover Worksheet, Child Tax Credit Worksheet, Donations—Noncash, Donated Goods Valuation Guide, Donation Substantiation Guide, Earned Income Credit (EIC) Worksheet, Forms 1098 and 1099—Where to Report, Itemized Deductions Worksheet, Net Operating Loss Worksheet #1, Net Operating Loss Worksheet #2—Computation of NOL, Net Operating Loss Worksheet #3—NOL Carryback/Carryover, State and Local General Sales Tax Deduction Worksheet, State and Local Sales Tax—Optional Tables, Social Security Benefits Worksheet, Where to File Form 1040, Where to File Form 1040-ES, Where to File Form 4868 Return
Tab 4: Form 1040—Line-By-Line
Line-By-Line Quick Reference to Form 1040, Taxable and Nontaxable Income, Who Must File a Return, Who Qualifies as a Dependent—Step-By-Step, Other Filing Requirements, Children and Other Dependents—Filing Requirements, Determining Filing Status, Form W-2, Box 12 Codes, Filing Status, Exemptions, Dependents, Income, Adjustments to Income, Taxes and Credits, Other Taxes, Payments, Refund/Amount Owned, Signatures and Designees, Assembling the Return, Tax Computation Worksheet, IRS Publications—Individual Tax
Tab 5: Schedule A—Itemized Deductions and Schedule B—Interest and Dividends
Schedule A Topics, Medical Deductions, Taxes, Interest Expense, Interest Tracing, Investment Interest Expense, Interest—Mortgages, Points—Mortgages, Other Mortgage Interest Deduction Rules, Charitable Contributions, Casualty and Theft Losses, Miscellaneous Itemized Deductions, Job Costs, Education Costs, Investment Expenses, Legal Fees, Schedule B Topics, Interest Income, Dividends, Imputed Interest Rules, U.S. Government Bonds, Other Bonds
Tab 6: Schedules C, F and SE
Schedule C—Principal Business or Professional Activity Codes, Schedule C—Profit/Loss From Business, Business Use of Home, Daycare Providers, Business vs. Hobby Losses, Independent Contractors, Purchasing a Business, Net Operating Loss (NOL), Schedule SE—Self-Employment Tax, Schedule F—Profit/Loss From Farming, Domestic Producer Deduction (DPD)
Tab 7: Sales and Exchanges
Real Estate Comparison Chart, Settlement Costs on Sale or Purchase of Real Estate, Schedule D—General Rules, Stocks/Investments, Bad Debts, Sales of Business Property, Involuntary Conversions, Installment Sales, Mutual Funds, Employee Stock Options, Home Ownership, Sale of Residence, Residence Gain Exclusion Rules, Reduced Exclusion Rules, Business or Rental Use of Home, Foreclosures, Like-Kind Exchanges
Tab 8: Schedule E, Passive Activities, At-Risk
Rents and Royalties, Renting Out a Home, Partners and S Corporation Shareholders, Passive Activities, Special Rules for Rental Activities, At-Risk Rules, Comprehensive Example—At Risk, Partner Codes for Schedule K-1, Shareholder Codes for Schedule K-1
Tab 9: Form 2106, Meals and Entertainment
Employee Business Expenses, Meals and Entertainment, Business Gifts, Travel, Substantiation Requirements, Above-the-Line Deduction for Certain Employees, Per Diem Rates, High-Cost Localities/High-Low Method, Meals and Incidental Expenses Per Diem Rates
Tab 10: Depreciation
Depreciation Rules, Alternative Minimum Tax Adjustments, Alternative Depreciation System, Gulf Opportunity (GO) Zone Benefits, New York Liberty Zone Benefits, Section 179 Deduction, Section 179 Recapture Rules, Change of Use of MACRS Property, Dispositions—MACRS Property, Depreciation Recapture, Like-Kind Exchanges—Depreciation Rules, Computer Software, Leasehold Improvements, Correcting Depreciation Errors, Intangible Assets—Amortization Rules
Tab 11: Autos and Listed Property
Business Automobile Expenses, Depreciating Autos, Maximizing Vehicle Section 179 Expense, Depreciation After Recovery Period Ends, Depreciation Recapture, Basis—Autos, Auto Trade-In Rules, Selling a Business Auto, Hybrid Vehicle Tax Credit, Commuting Expenses, Autos—Documenting Business Use, Employer-Provided Vehicles, Listed Property, Leased Autos
Tab 12: Tax Credits, AMT and Special Taxpayers
Personal Tax Credit Summary, General Business Tax Credits, Child Tax Credits, Child and Dependent Care Credit, Earned Income Credit, Adoption Expenses Credit or Exclusion, Education Tax Credits, Residential Energy Tax Credits, Foreign Tax Credit, Retirement Saver’s Credit, Health Coverage Tax Credit, Alternative Minimum Tax (AMT), Minimum Tax Credit, Household Employers, Ministers/Clergy, Military Personnel, Community Property, U.S. Taxpayers Working Abroad, Non-U.S. Citizens, Oil and Gas Working Interest Owners
Tab 13: Children, Education and Divorce
Kiddie Tax, Foster Parents, Family Income Shifting, Family Loans, Custodial Accounts, Education Savings Accounts, Student Loan Interest, Qualified Tuition Programs, Scholarships and Fellowships, Savings Bonds for College Tuition, Tuition and Fees Deduction, Divorce, Alimony
Tab 14: Retirement and Social Security
IRA Chart, Employer and Self-Employed Retirement Plan Chart, Exceptions to 10% Withdrawal Penalty Before Age 591/2, Traditional IRAs, Deducting IRA Contributions, Roth IRAs, Roth IRA Conversions, Rollovers and Transfers, Withdrawals and Distributions, Required Minimum Distributions (RMDs), Penalty Taxes, IRAs at Death, Simplified Employee Pensions (SEPs), Contribution Limits for the Self-Employed, SIMPLE IRA Plans, Qualified Retirement Plans, One-Person 401(k) Plans, Losses from IRAs, Pensions and Annuities, Qualified Annuities—Nontaxable Return of Contributions, Lump-Sum Distributions, Railroad Retirement
Tab 15: Financial Planning and Estate Planning
Quick Facts on Estate Planning, Filing Income Tax Returns for Decedent (Form 1040), Estate Distributions and Schedule K-1 (Form 1041), Probate, Basis of Inherited Property, Co-Ownership, Wills, Planning for Illness/Disability, Estate and Gift Tax, Gifts and Gift Tax Returns, Charitable Gifts and Bequests, Life Insurance, Trusts, Minor Heirs and Beneficiaries
Tab 16: IRS, Penalties, Audits
IRS General Information, Options for Taxpayers Unable to Pay Tax Due, Taxpayer Penalties, Tax Preparer Penalties, Penalties and Interest, Underpayment/Estimated Tax Penalty, Electronic Filing, Extension of Time to File, Amended Returns, Return Preparers and Representatives, Injured Spouse Claim, Audits and Examinations, Collections, Relief From Collections, Offers in Compromise, Innocent Spouse Relief, IRS Statistics
Tab 17: New Law
Tax Legislation Enacted This Year
Index
Easy-to-use Topical Index
