EY Tax Guide

2016 tax calendar ii How to use this guide v Special contents viii Changes in the tax law you should know about x Important 2015 tax reminders xiv How to avoid 25 common errors xvi 50 of the most easily overlooked deductions xvii Individual tax organizer xviii Income and expense records you should keep in addition to you income tax return xxvi Part I The income tax return 1 Chapter 1 Filing information 3 Chapter 2 Filing status 46 Chapter 3 Personal exemptions and dependents 60 Chapter 4 Tax withholding and estimated tax 89 Part II Income 119 Chapter 5 Wages, salaries, and other earnings 121 Chapter 6 Tip income 148 Chapter 7 Interest income 158 Chapter 8 Dividends and other corporate distributions 190 chapter 9 Rental income and expenses 212 Chapter 10 Retirement plans, pensions, and annuities 238 Chapter 11 Social security and equivalent railroad retirement benefits 267 Chapter 12 Other income 280 Part III Gains and losses 321 Chapter 13 Basis of property 323 Chapter 14 Sale of property 347 Chapter 15 Selling your home 390 Chapter 16 Reporting gains and losses 411 Part IV Adjustments to income 431 Chapter 17 Individual retirement arrangements (IRAs) 433 Chapter 18 Alimony 474 Chapter 19 Education-related adjustments 489 Chapter 20 Moving expenses 499 Part V Standard deduction and itemized deductions 515 Chapter 21 Standard deduction 517 Chapter 22 Medical and dental expenses 524 Chapter 23 Taxes you may deduct 545 Chapter 24 Interest expense 560 Chapter 25 Contributions 584 Chapter 26 Nonbusiness casualty and theft losses 614 Chapter 27 Car expenses and other employee business expenses 639 Chapter 28 Tax benefits for work-related education 688 Chapter 29 Miscellaneous deductions 702 Chapter 30 Limit on itemized deductions 726 Part VI Figuring your taxes and credits 731 Chapter 31 How to figure your tax 733 Chapter 32 Tax on investment income of certain children 751 Chapter 33 Child and dependent care credit 762 Chapter 34 Credit for the elderly or the disabled 783 Chapter 35 Child tax credit 789 Chapter 36 Education credits and other education tax benefits 793 Chapter 37 Premium Tax Credit (PTC) 805 Chapter 38 Other credits including the earned income credit 811 Part VII Special situations and tax planning 849 Chapter 39 Self-employment income: How to file Schedule C 851 Chapter 40 Mutual funds 885 Chapter 41 What to do if you employ domestic help 906 Chapter 42 U.S. citizens working abroad: Tax treatment of foreign earned income 918 Chapter 43 Foreign citizens living in the United States 925 Chapter 44 Decedents: Dealing with the death of a family member 935 Chapter 45 Estate and gift tax planning 952 Chapter 46 Everything you need to know about e-filing 967 Chapter 47 If your return is examined 975 Chapter 48 Rules for expensing and capitalizing tangible property used in a trade or business 991 Chapter 49 Planning ahead for 2016 and beyond 1001 Chapter 50 2015 Tax rate schedules 1018 Index 1020