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06.02.2024
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Advice on preparing a good tax return answers the question "What can I deduct?" with strategies and ideas to reduce payments to the minimum while keeping in compliance with the law.;1001 DEDUCTIONSAND TAX BREAKS2016; Contents; Introduction; Tax-Favored Items; Limits on Qualifying for Tax-Favored Items; Standard Deduction versus Itemized Deductions; Overall Limit on Itemized Deductions; Impact of Deductions on Your Chances of Being Audited; How to Use This Book; Chapter 1: You and Your Family; Personal Exemption; Dependency Exemption; Child Tax Credit; Dependent Care Expenses; Adoption Costs; Foster Care; Child Support; Alimony; ABLE Accounts; Chapter 2: Medical Expenses; Employer-Provided Health Insurance ; Premium Tax Credit; Health Coverage Tax Credit.
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