The Tax Guide that Actually Saves You Money
TurboTax is the leading name in tax preparation software, used by millions of filers annually. Now comes a guide from the top tax experts at Weiser LLP that gives you hundreds of ways to save money on your taxes. The TurboTax 2007 Income Tax Handbook gives you the guidance you need so you can claim all the deductions you deserve on your 2006 return--from mortgages and charitable contributions to medical expenses, education credits, and more. With hundreds of money-saving tax tips featured at the start of every chapter, plus answers to key tax questions, this handbook contains everything you need to get your taxes done quickly and correctly.
Topics covered include:
* Maximizing your deductions, including mortgages, moving expenses, property taxes, charitable contributions, and more
* Gathering everything you need to file
* Determining your filing status
* Understanding and claiming child- and dependent-care credits, as well as credits for the elderly or disabled
* Filing wages and salary income
* Reporting your interest, dividends, and capital gains
* Dealing with retirement accounts and investment income: IRAs, 401(k)s, pensions, annuities, Social Security, and more
* Understanding the Alternative Minimum Tax (AMT)
* Filing Schedule C
