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The definitive guide to all income-tax deductions and credits for the everyday taxpayer

Millions of Americans overpay their taxes by billions of dollars every year. J.K. Lasser's 1001 Deductions and Tax Breaks 2022: Your Complete Guide to Everything Deductible provides an invaluable tool by thoroughly explaining and keeping track of the constantly advancing tax law code for the ordinary taxpaying Americans. The fifth edition of this popular book has been fully updated to reflect the latest rulings and laws, allowing the reader to easily refer to the appropriate deductions for their particular needs.

This guidebook answers the most common tax questions regarding deductions and credit in a clear, and easy-to-follow guide. It provides readers with:

Answers to the most common tax questions regarding deductions and credit
Comprehensive information on each deductible expense, including dollar limits and record-keeping requirements
An e-supplement with the latest tax developments from the IRS and Congress
Information regarding the American Rescue Plan Act (ARPA) and the Consolidated Appropriations Act, 2021 (CAA)

Ideal for taxpayers and tax professionals, 1001 Deductions and Tax Breaks, 2022 helps the American taxpayer claim what is rightfully yours and keep more of your hard-earned money.