U.S.

Ernst & Young Tax Guide 2015

By Ernst & Young
John Wiley & Sons November 2014

Specifications

ISBN-13
9781118866986
Publisher
John Wiley & Sons
Publication
November 2014
Format
Paperback , 1032 pages
Jurisdiction
U.S. ? Countri(es) for reference only

Details

File taxes with confidence and maximize deductions with this industry-leading guide

EY Tax Guide 2015 is your solution for a streamlined filing process. Authoritative and easy to follow, this trusted guide is designed to be accessible for individuals who need help navigating these turbulent financial times, providing information that can maximize deductions and avoid mistakes.

Reference tables allow for quick look-up of useful information, including changes to tax law, common errors, and tax breaks, while the Special Content index points you toward answers for homeowners, senior citizens, investors, military personnel, entrepreneurs, and more. Fully updated for 2015, this guide even provides up-to-date tips on environmental credits for green initiatives.

As global leader in tax and advisory services, it's no surprise that this EY (formerly Ernst & Young) guide has been rated the #1 choice in tax prep by USA Today. Distilling complex tax information into straightforward language, this resource is essential reading for anyone preparing to file a federal income tax return. You'll find hundreds of examples illustrating how tax laws work, plus sample forms and schedules that help you fill out your return step by step. We can help you save time and money as you:

  • Discover the 50 most commonly overlooked deductions
  • Find specific solutions to your particular circumstances
  • Streamline the filing process with the tax organizer and tax calendar
  • Follow a checklist of key tax breaks you may be eligible to use

Preparing your own taxes doesn't have to mean wading through tax code or missing deductions. This guide contains the insight of EY professionals, plus the tools and references that can help ease the process. The EY Tax Guide 2015provides the information you need to file your taxes yourself, with confidence.

Table of Contents

2015 tax calender ii

How to use this guide v

Special contents viii

Changes in the tax law you should know about x

Important 2014 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 your income tax return xxvi

Part I The income tax return 1

Chapter 1 Filing information 3

Chapter 2 Filing status 45

Chapter 3 Personal exemptions and dependents 59

Chapter 4 Tax withholding and estimated tax 88

Part II Income 117

Chapter 5 Wages, salaries, and other earnings 119

Chapter 6 Tip income 145

Chapter 7 Interest income 155

Chapter 8 Dividends and other corporate distributions 187

Chapter 9 Rental income and expenses 209

Chapter 10 Retirement plans, pensions, and annuities 234

Chapter 11 Social security and equivalent railroad retirement benefits 262

Chapter 12 Other income 275

Part III Gains and losses 315

Chapter 13 Basis of property 317

Chapter 14 Sale of property 339

Chapter 15 Selling your home 380

Chapter 16 Reporting gains and losses 400

Part IV Adjustments to income 419

Chapter 17 Individual retirement arrangements (IRAs) 421

Chapter 18 Alimony 461

Chapter 19 Education-related adjustments 475

Chapter 20 Moving expenses 485

Part V Standard deduction and itemized deductions 501

Chapter 21 Standard deduction 503

Chapter 22 Medical and dental expenses 510

Chapter 23 Taxes you may deduct 531

Chapter 24 Interest expense 545

Chapter 25 Contributions 569

Chapter 26 Nonbusiness casualty and theft losses 599

Chapter 27 Car expenses and other employee business expenses 624

Chapter 28 Tax benefits for work-related education 673

Chapter 29 Miscellaneous deductions 687

Chapter 30 Limit on itemized deductions 711

Part VI Figuring your taxes and credits 715

Chapter 31 How to figure your tax 717

Chapter 32 Tax on investment income of certain children 735

Chapter 33 Child and dependent care credit 746

Chapter 34 Credit for the elderly or the disabled 767

Chapter 35 Child tax credit 773

Chapter 36 Education credits and other education tax benefits 777

Chapter 37 Other credits including the earned income credit 788

Part VII Special situations and tax planning 827

Chapter 38 Self-exmployment income: How to file Schedule C 829

Chapter 39 Mutual funds 863

Chapter 40 What to do if you employ domestic help 884

Chapter 41 U.S. citizens working abroad: Tax treatment of foreign earned income 896

Chapter 42 Foreign citizens living in the United States 903

Chapter 43 Decedents: Dealing with the death of a family member 913

Chapter 44 Estate and gift tax planning 930

Chapter 45 Everything you need to know about e-filing 945

Chapter 46 If your return is examined 952

Chapter 47 Planning ahead for 2015 and beyond 968

Chapter 48 2014 Tax rate schedules 985

Index 987

Out of stock
This title is currently unavailable for purchase.
New Edition is available now !
  • Free HK shipping over HK$1,000
  • International shipping to 35+ countries

Recommended

You may also be interested in these books:

More titles from U.S.

View all