J.K. Lasser's 1001 Deductions and Tax Breaks 2022: Your Complete Guide to Everything Deductible

Product Description
The definitive guide to all income-tax deductions and credits for the everyday taxpayer
Millions of Americans overpay their taxes by billions of dollars every year. J.K. Lasser's 1001 Deductions and Tax Breaks 2022: Your Complete Guide to Everything Deductible provides an invaluable tool by thoroughly explaining and keeping track of the constantly advancing tax law code for the ordinary taxpaying Americans. The fifth edition of this popular book has been fully updated to reflect the latest rulings and laws, allowing the reader to easily refer to the appropriate deductions for their particular needs.
This guidebook answers the most common tax questions regarding deductions and credit in a clear, and easy-to-follow guide. It provides readers with:
Answers to the most common tax questions regarding deductions and credit
Comprehensive information on each deductible expense, including dollar limits and record-keeping requirements
An e-supplement with the latest tax developments from the IRS and Congress
Information regarding the American Rescue Plan Act (ARPA) and the Consolidated Appropriations Act, 2021 (CAA)
Ideal for taxpayers and tax professionals, 1001 Deductions and Tax Breaks, 2022 helps the American taxpayer claim what is rightfully yours and keep more of your hard-earned money.
From the Inside Flap
A straightforward guide to taking tax breaks and deductions on your 2021 tax return
Completely revised to reflect important changes in recent tax laws (including the American Rescue Plan Act), J.K. Lasser’s 1001 Deductions & Tax Breaks 2022 will help you take advantage of every tax break and deduction to which you may be entitled.
This comprehensive guide is clearly organized by subject matter so you can easily find situations that may apply to you. Each tax benefit is also clearly explained—along with the eligibility requirements for claiming the benefit—while planning tips and common pitfalls associated with the benefit in question are discussed in detail. COVID-19-related changes as well as new breaks if you have children are highlighted throughout the book, so you can make the most informed decisions possible.
With this book as your guide, you’ll find deductions and tax breaks with regard to:
You and your family
Your home and car
Your job or business
Your investments
Retirement savings
Travel
Medical and dental expenses
Health savings accounts
Education costs
Your charitable giving
Disaster losses
Insurance
Packed with hundreds of updated deductions and credits, practical advice, and real-world examples, J.K. Lasser’s 1001 Deductions & Tax Breaks 2022 is a book every taxpayer should own.
From the Back Cover
A straightforward guide to taking tax breaks and deductions on your 2021 tax return
Completely revised to reflect important changes in recent tax laws (including the American Rescue Plan Act), J.K. Lasser’s 1001 Deductions & Tax Breaks 2022 will help you take advantage of every tax break and deduction to which you may be entitled.
This comprehensive guide is clearly organized by subject matter so you can easily find situations that may apply to you. Each tax benefit is also clearly explained―along with the eligibility requirements for claiming the benefit―while planning tips and common pitfalls associated with the benefit in question are discussed in detail. COVID-19-related changes as well as new breaks if you have children are highlighted throughout the book, so you can make the most informed decisions possible.
With this book as your guide, you’ll find deductions and tax breaks with regard to:
You and your family
Your home and car
Your job or business
Your investments
Retirement savings
Travel
Medical and dental expenses
Health savings accounts
Education costs
Your charitable giving
Disaster losses
Insurance
Packed with hundreds of updated deductions and credits, practical advice, and real-world examples, J.K. Lasser’s 1001 Deducti