Introduction vii
Part I: The Truth About Filing Requirements
Truth 1: Not everyone has to file 1
Truth 2: Figuring out your filing status 5
Truth 3: Filling out the right form 9
Truth 4: Meeting filing deadlines 13
Part II: The Truth About Taxable Income
Truth 5: Determining what's taxable 17
Truth 6: Earned versus unearned income 21
Truth 7: The alternative minimum tax 25
Truth 8: Our progressive tax system 29
Part III: The Truth About Credits and Deductions
Truth 9: Why credits are better 33
Truth 10: Standard versus itemized deductions 39
Truth 11: Dealing with deduction limitations 43
Truth 12: Maximizing charitable deductions 47
Truth 13: Deducting without itemizing 51
Part IV: The Truth About Taxes and Your Family
Truth 14: Marriage and taxes 55
Truth 15: Innocent and injured spouse issues 59
Truth 16: Tax implications of divorce 63
Truth 17: Claiming exemptions and dependents 67
Truth 18: Adoption assistance 71
Truth 19: Child and additional child tax credits 75
Truth 20: Tax help in caring for your kids (and others) 79
Truth 21: Tax-favored college savings options 83
Truth 22: When a child has to file 87
Truth 23: Taking tax-smart care of a parent 91
Part V: The Truth About Taxes and Your Employment
Truth 24: Getting your withholding right 95
Truth 25: Tax-favored employer-provided benefits 99
Truth 26: Recouping employee business expenses 103
Truth 27: Writing off job-hunting costs 107
Truth 28: Tax help in paying work-related moving costs 111
Truth 29: Self-employment tax considerations 115
Part VI: The Truth About Taxes and Your Home
Truth 30: Mortgage interest deduction 119
Truth 31: Writing off your property taxes 123
Truth 32: Increasing your home's tax basis 127
Truth 33: Home-sale tax exclusion 131
Part VII: The Truth About Investment Taxes
Truth 34: Capital gains rules and rates 135
Truth 35: How bad investments can pay off 139
Truth 36: Reporting investment income 143
Truth 37: Wash sale rules 147
Truth 38: Accounting for the kiddie tax 151
Part VIII: The Truth About Retirement Taxes
Truth 39: Individual retirement accounts 155
Truth 40: Company retirement plans 159
Truth 41: Retirement saver's credit 163
Truth 42: Retirement plan rollovers 167
Truth 43: Taxable Social Security benefits 171
Truth 44: Required minimum distributions 175
Truth 45: Estate taxes, or leaving it to your heirs, not the IRS 179
Part IX: The Truth About Tax Compliance
Truth 46: The trouble with tax protests 183
Truth 47: Payment options 187
Truth 48: Tax penalties 191
Part X: The Truth About Audits
Truth 49: Minimizing audit risks 195
Truth 50: Preparing for an audit 199
Part XI: The Truth About Special Tax Situations
Truth 51: Taxpayers abroad and military filers 203
Truth 52: Tax help in disastrous times 207
Epilogue 211
About the Author 212