Save money - legally - on your 2023-24 taxes with simple, expert advice from a trusted source
In the newest edition of J.K. Lasser's 1001 Deductions and Tax Breaks 2024: Your Complete Guide to Everything Deductible, expert small business tax lawyer Barbara Weltman walks you through every relevant tax deduction and credit you're entitled to claim on your 2023 tax return as well as new breaks for 2024. You'll find countless money-saving opportunities and ensure you don't overpay on your taxes, giving Uncle Sam exactly what you're legally required to give him - and not a penny more!
You'll also find: - A complimentary new e-supplement containing the latest developments from the Internal Revenue Service (IRS) and Congress - Step-by-step instructions on how to claim every deduction that applies to you, complete with record-keeping requirements and dollar limits - The latest tax rulings, laws, and cases that impact your 2023-24 tax return
Perfect for every individual taxpayer who has ever wondered, “Can I claim X?”, J.K. Lasser's 1001 Deductions and Tax Breaks is a straightforward and accurate roadmap to saving money on your taxes and simplifying the completion of your tax return.
In the newest edition of J.K. Lasser's 1001 Deductions and Tax Breaks 2024: Your Complete Guide to Everything Deductible, expert small business tax lawyer Barbara Weltman walks you through every relevant tax deduction and credit you're entitled to claim on your 2023 tax return as well as new breaks for 2024. You'll find countless money-saving opportunities and ensure you don't overpay on your taxes, giving Uncle Sam exactly what you're legally required to give him - and not a penny more!
You'll also find: - A complimentary new e-supplement containing the latest developments from the Internal Revenue Service (IRS) and Congress - Step-by-step instructions on how to claim every deduction that applies to you, complete with record-keeping requirements and dollar limits - The latest tax rulings, laws, and cases that impact your 2023-24 tax return
Perfect for every individual taxpayer who has ever wondered, “Can I claim X?”, J.K. Lasser's 1001 Deductions and Tax Breaks is a straightforward and accurate roadmap to saving money on your taxes and simplifying the completion of your tax return.
Table of Contents
Introduction vii
1. You and Your Family 1
2. Medical Expenses 27
3. Education Costs 75
4. Your Home 110
5. Retirement Savings 146
6. Charitable Giving 191
7. Your Car 222
8. Investing 238
9. Travel 272
10. Real Estate 293
11. Borrowing and Interest 322
12. Insurance and Catastrophes 336
13. Your Job 351
14. Your Business 371
15. Miscellaneous Items 399
Appendix A. Items Adjusted Annually for Inflation 423
Appendix B. Checklist of Tax-Free Items 429
Appendix C. Checklist of Nondeductible Items 433
Appendix D. Common Mistakes to Avoid 439
Index 443
