America's number one bestselling tax guide offers the best balance of thoroughness, organization, and usability
For over half a century, more than 39 million Americans have turned to J.K. Lasser for easy-to-follow, expert advice and guidance on planning and filing their taxes. Written by a team of tax specialists, J.K. Lasser's Your Income Tax 2010 includes all the outstanding features that have made this book the nation's all-time top-selling tax guide.
As an added value, you can gain direct access to dozens of bonuses through jklasser.com, including links to the latest tax forms from the IRS, up-to-the-minute tax law changes, small business help, and much more. The book of choice for today's serious taxpayer Your Income Tax 2010 contains
- Over 2,500 easy-to-use tax planning tips and strategies
- Easy-to-understand coverage of the year's tax law changes
- Filing tips and instructions to help you prepare your 2009 return
- Quick reference section that highlights what's new for 2009
- Quick topic index to help pinpoint the biggest money-saving deductions
- Advice for customers whose use software or CPAs to file their taxes
Filled with expert advice and guidance, J.K. Lasser's Your Income Tax 2010 will help you plan and file your 2009 tax return in the most efficient way possible.
Table of ContentsWhat’s New for 2009.
Key Tax Numbers for 2009.
PART 1 FILING BASICS.
Do You Have To File a 2009 Tax Return?
Filing Tests for Dependents: 2009 Returns.
Where To File.
Key to Service Center Map.
Filing Deadlines (on or Before).
Choosing Which Tax Form to File.
1 Filing Status.
PART 2 REPORTING YOUR INCOME.
2 Wages, Salary, and Other Compensation.
3 Fringe Benefits.
4 Dividend and Interest Income.
5 Reporting Property Sales.
6 Tax-Free Exchanges of Property.
7 Retirement and Annuity Income.
9 Income From Rents and Royalties.
10 Loss Restrictions: Passive Activities and At-Risk Limits.
11 Other Income.
PART 3 CLAIMING DEDUCTIONS.
12 Deductions Allowed in Figuring Adjusted Gross Income.
13 Claiming the Standard Deduction or Itemized Deductions.
14 Charitable Contribution Deductions.
15 Itemized Deduction for Interest Expenses.
16 Deductions for Taxes.
17 Medical and Dental Expense Deductions.
18 Casualty and Theft Losses and Involuntary Conversions.
19 Deducting Job Costs and Other Miscellaneous Expenses.
20 Travel and Entertainment Expense Deductions.
21 Personal Exemptions.
PART 4 PERSONAL TAX COMPUTATIONS.
22 Figuring Your Regular Income Tax Liability.
23 Alternative Minimum Tax (AMT).
24 Computing the “Kiddie Tax” on Your Child’s Investment Income.
25 Personal Tax Credits Reduce Your Tax Liability.
26 Tax Withholdings.
27 Estimated Tax Payments.
PART 5 TAX PLANNING.
28 Tax Planning Overview.
29 Tax Savings for Residence Sales.
30 Tax Rules for Investors in Securities.
30 Tax Savings for Investors in Real Estate.
32 Tax Rules for Investors in Mutual Funds.
33 Educational Tax Benefits.
34 Special Tax Rules for Senior Citizens.
35 Members of the Armed Forces.
36 How To Treat Foreign Earned Income.
37 Planning Alimony and Marital Settlements.
38 Household Employment Taxes (“Nanny Tax”).
39 Gift and Estate Tax Planning.
PART 6 BUSINESS TAX PLANNING.
40 Income or Loss From Your Business or Profession.
41 Retirement and Medical Plans for Self-Employed.
42 Claiming Depreciation Deductions.
43 Deducting Car and Truck Expenses.
44 Sales of Business Property.
45 Figuring Self-Employment Tax.
PART 7 FILING YOUR RETURN AND WHAT HAPPENS AFTER YOU FILE.
46 Filing Your Return .
47 Filing Refund Claims, and Amended Returns.
48 If the IRS Examines Your Return.
PART 8 SAMPLE 2009 TAX FORMS AND TABLES.
Most Helpful Customer Reviews
What's to review. I use TurboTax, but sometimes I need to research a point that consumer-level software doesn't address.
Speaking as a professional whether you are a professional or a knowledgable taxpayer this book is a great resource. Non-professionals don't get in over your heads. If you don't understand the law seek professional help.
I always get the Lasser Book each year. After doing the basics with Turbo Tax, I go back and review the J K Lasser Book. It always reminds me of one or more deductions.
I buy J.K.Lasser's Income Tax Guide every year. It is always complete and accurate (as of the date of its publication); you can go to their web site JKLasser.com to pick up any later updates and you can sign up for alerts to be sent to your email for any updates. The Tax Guide covers not only the basic and most common tax situations, but also the most unusual cases. It gives examples for all of the situations, usually one or two per page, that really help in understanding how to prepare your Federal tax return. There is no better tax preparation guide on the market.
I do my own taxes because I do not trust others. This dates from the days when I did Exec. Compensation for a large computer company. This book seems to be the most comprehensive and easy to understand.