Wiley Tax Preparer (eBook)

The Tax Institute at H&R Block is the company's independent research division, providing expert tax assistance and interpretation of tax law. The Tax Institute combines H&R Block's world-class training experience with the knowledge of the company's credentialed tax experts to create a unique resource based on extensive resources from nearly 60 years in business, 550 million tax returns prepared, and more than 100,000 tax professionals trained each year. For more information, visit www.hrblock.com/ why-hr-block/the-tax-institute.html

Part 1 The Income Tax Return 1

Chapter 1 Filing Information 3

Chapter 2 Filing Status 13

Chapter 3 Personal and Dependency Exemptions 25

Part 2 Income and Assets 41

Chapter 4 Wages, Salaries, and Other Earnings 43

Chapter 5 Interest Income 57

Chapter 6 Dividends and Other Corporate Distributions 69

Chapter 7 Rental Income and Expenses 77

Chapter 8 Retirement Plans, Pensions, and Annuities 93

Chapter 9 Social Security and Equivalent Railroad Retirement Benefits 109

Chapter 10 Other Types of Income 119

Chapter 11 Self-Employment Activities 133

Chapter 12 Basis of Property 155

Chapter 13 Sale of Property 165

Chapter 14 Sale of Home 183

Chapter 15 IRA and HSA Contributions 193

Chapter 16 Education-Related Adjustments 203

Chapter 17 Business-Related Adjustments 211

Chapter 18 Alimony 223

Part 3 Deductions and Credits 231

Chapter 19 Standard and Itemized Deductions 233

Chapter 20 Medical and Dental Expenses 239

Chapter 21 Tax Payments 249

Chapter 22 Interest Payments 257

Chapter 23 Charitable Contributions 269

Chapter 24 Nonbusiness Casualty and Theft Losses 283

Chapter 25 Miscellaneous Itemized Deductions 295

Chapter 26 Employee Business Expenses 305

Chapter 27 Earned Income Credit 323

Chapter 28 Child and Dependent Care Credit 341

Chapter 29 Child Tax Credit 349

Chapter 30 Education Credits 355

Chapter 31 Other Tax Credits 363

Part 4 Other Taxes 377

Chapter 32 Figuring the Regular Tax 379

Chapter 33 The Alternative Minimum Tax 389

Chapter 34 The Kiddie Tax 399

Chapter 35 Other Taxes 409

Part 5 Completion of the Filing Process 423

Chapter 36 Tax Payments and Refund Options 425

Chapter 37 Completing and Filing the Return 439

Part 6 Practices and Procedures 449

Chapter 38 Preparer Responsibilities and Penalties 451

Part 7 Ethics and Circular 230 463

Chapter 39 Rules Governing Authority to Practice before the IRS 465

Chapter 40 Duties and Restrictions Relating to Practice before the IRS 471

Chapter 41 Sanctions for Violating Circular 230 483

Answers to Review Questions 493

Appendix: IRS Resources 537

Index 539