A straightforward guide to taking tax breaks and deductions on your 2021 tax return Completely revised to reflect important changes in recent tax laws (including the American Rescue Plan Act), J.K. Lasser's 1001 Deductions & Tax Breaks 2022 will help you take advantage of every tax break and deduction to which you may be entitled. This comprehensive guide is clearly organized by subject matter so you can easily find situations that may apply to you. Each tax benefit is also clearly explained--along with the eligibility requirements for claiming the benefit--while planning tips and common pitfalls associated with the benefit in question are discussed in detail. COVID-19-related changes as well as new breaks if you have children are highlighted throughout the book, so you can make the most informed decisions possible. With this book as your guide, you'll find deductions and tax breaks with regard to: You and your family Your home and car Your job or business Your investments Retirement savings Travel Medical and dental expenses Health savings accounts Education costs Your charitable giving Disaster losses Insurance Packed with hundreds of updated deductions and credits, practical advice, and real-world examples, J.K.

Lasser's 1001 Deductions & Tax Breaks 2022 is a book every taxpayer should own.