Ernst & Young Tax Guide 2018
Buy Rights Online Buy Rights

Rights Contact Login For More Details

More About This Title Ernst & Young Tax Guide 2018

English

Minimize your tax and maximize your 2017 return

The EY Tax Guide 2018 offers professional guidance for DIY tax prep. As one of the nation's most trusted resources for tax advice, this book can help you keep more of your money while filing completely, correctly, and on time. Fully updated to reflect the latest changes to the law, this new 2018 edition cuts through impenetrable tax codes and IRS rulings to give you the answers you need quickly and easily. Whether you're a homeowner, self-employed entrepreneur, business executive, or senior citizen, you'll discover the best tax strategy for your particular situation. At-a-Glance reference sheets give you quick answers to common questions regarding new laws, breaks and deductions, and how to avoid common errors.

No two tax years are alike. The laws change constantly, and even small changes can affect your return. This book cuts to the chase and tells you what's new, what it means for you, and what you can do to keep more of your money.

  • Get up to date on changes to tax law, and how they affect you
  • Identify breaks and deductions that can reduce your tax burden
  • Zero in on the best tax strategy for your particular situation
  • Find answers at a glance from globally-respected tax advisors

Avoid the headaches that come with parsing IRS worksheets and documentation—EY has already done it for you! The EY Tax Guide 2018 gives you the answers you need and clarity you crave, backed by globally-trusted expertise.

English

Ernst & Young is a global leader in assurance, tax, transaction and advisory services. Worldwide, their 152,000 people are united by shared values and an unwavering commitment to quality.

English

ii 2018 tax calendar

v How to use this guide

viii Special contents

x Changes in the tax law you should know about

xiv Important 2017 tax reminders

xvi How to avoid 25 common errors

xvii 50 of the most easily overlooked deductions

xviii Individual tax organizer

xxvi Income and expense records you should keep in addition to your income tax return

Part I The income tax return 1

3 CHAPTER 1 Filing information

48 CHAPTER 2 Filing status

62 CHAPTER 3 Personal exemptions and dependents

92 CHAPTER 4 Tax withholding and estimated tax

Part II Income 121

123 CHAPTER 5 Wages, salaries, and other earnings

149 CHAPTER 6 Tip income

159 CHAPTER 7 Interest income

191 CHAPTER 8 Dividends and other corporate distributions

213 CHAPTER 9 Rental income and expenses

240 CHAPTER 10 Retirement plans, pensions, and annuities

269 CHAPTER 11 Social security and equivalent railroad retirement benefits

282 CHAPTER 12 Other income

Part III Gains and losses 323

325 CHAPTER 13 Basis of property

349 CHAPTER 14 Sale of property

390 CHAPTER 15 Selling your home

411 CHAPTER 16 Reporting gains and losses

Part IV Adjustments to income 431

433 CHAPTER 17 Individual retirement arrangements (IRAs)

474 CHAPTER 18 Alimony

489 CHAPTER 19 Education-related adjustments

501 CHAPTER 20 Moving expenses

Part V Standard deduction and itemized deductions 517

519 CHAPTER 21 Standard deduction

526 CHAPTER 22 Medical and dental expenses

546 CHAPTER 23 Taxes you may deduct

561 CHAPTER 24 Interest expense

587 CHAPTER 25 Contributions

618 CHAPTER 26 Nonbusiness casualty and theft losses

647 CHAPTER 27 Car expenses and other employee business expenses

695 CHAPTER 28 Tax benefits for work-related education

709 CHAPTER 29 Miscellaneous deductions

733 CHAPTER 30 Limit on itemized deductions

Part VI Figuring your taxes and credits 737

739 CHAPTER 31 How to figure your tax

755 CHAPTER 32 Tax on unearned income of certain children

764 CHAPTER 33 Child and dependent care credit

785 CHAPTER 34 Credit for the elderly or the disabled

791 CHAPTER 35 Child tax credit

796 CHAPTER 36 Education credits and other education tax benefits

809 CHAPTER 37 Premium Tax Credit (PTC)

816 CHAPTER 38 Other credits including the earned income credit

Part VII Special situations and tax planning 853

855 CHAPTER 39 Self-employment income: How to file Schedule C

889 CHAPTER 40 Mutual funds

910 CHAPTER 41 What to do if you employ domestic help

918 CHAPTER 42 U.S. citizens working abroad: Tax treatment of foreign earned income

929 CHAPTER 43 Foreign citizensliving in the United States

939 CHAPTER 44 Decedents: Dealing with the death of a family member

956 CHAPTER 45 Estate and gift tax planning

971 CHAPTER 46 Everything you need to know about e-filing

979 CHAPTER 47 If your return is examined

995 CHAPTER 48 Rules for expensing and capitalizing tangible property used in a trade or business

1005 CHAPTER 49 Net investment income tax

1018 CHAPTER 50 Planning ahead for 2018 and beyond

1033 CHAPTER 51 2017 tax rate schedules

Special Contents

Family tax guide

Homeowners' tax guide

Investors' tax guide

(If You Own Stocks, Bonds, or Limited Partnerships)

Real estate investors' tax guide

Self-employed entrepreneurs' tax guide

Business executives' tax guide

Senior citizens' tax guide

Members of the Armed Forces' tax guide (Including Veterans)

loading