Page 55 - Tax Guide for Small Business

Page 53 of 54
Fileid: … tions/P334/2019/A/XML/Cycle03/source
The type and rule above prints on all proofs including departmental reproduction proofs. MUST be removed before printing.
Information, How to get more 46 Notary public 26, 41 12:18 - 30-Jan-2020
Information returns 11 Not-for-profit activities 40 Q
Innocent spouse relief 46 Not income: Qualified plug-in electric drive
Installment sales 17 Appreciation 24 motor vehicle credit 19
Insurance: Consignments 24 Qualified railroad track
Expense 34 Constructions allowances 24 maintenance credit 19
Nondeductible premiums 34 Exchange of like-kind property 25 Qualified real property business
Prepayment 35 Leasehold improvements 25 debt 23
Proceeds 27 Loans 25
Insurance agent: Sales tax 25
Former 25 R
Retired 26 Real estate:
Interest: O Agent 26
Expenses 35 Occupations, selected: Dealer 21
Income 22 Administrator 25 Rent 21
Inventories 15 Direct seller 25, 26 Taxes 36
Investment credit 19 Executor 25 Recovery of items previously
Fishing crew member 25 deducted 24
Insurance agent, former 25 Refund:
K Insurance agent, retired 26 Inquiries 7
Kickbacks 24, 39 Newspaper carrier or distributor 26 Offsets against debts 7
Newspaper or magazine vendor 26 Related persons:
Unreasonable rent 36
L Notary public 26 Renewable electricity, refined coal,
Public official 26
Lease bonus 21 Real estate agent 26 and Indian coal production
Lease cancellation payments 21 Securities dealer 26 credit 19
Legal fees 35 Securities trader 26 Rental income 21
Like-kind exchanges 17, 25 Office in the home 32 Rent expense 36
Limited liability company 3 (See also Business use of your Repayment of income 14
Listed property 24 home) Reportable transaction disclosure
Lobbying expense 39 Optional methods, using both 43 statement 4
Local transportation expenses 31 Ordinary gain or loss 18 Reporting self-employment tax 44
Lodging 37 Orphan drug credit 19 Restricted property 23
Long-term capital gain or loss 18 Retirement plans (See Pension
Lost income payments 23 plans)
Low-income housing credit 19 P
Low sulfur diesel fuel production Parking fees 32
credit 19 Partners, husband and wife 3 S
Pay, kinds of 33 Salaries 33
M Paying: Sale of a business 17
Business taxes 5
Sale of property 17
Meals (See Travel expenses) Income tax 8 (See also Disposition of property)
Methods for figuring net Payments to third parties 21 Sales of assets 16
earnings 42 Penalties and fines 39 Sales tax 37
Mileage rate for vehicles 32 Penalty: Schedule C 6
Mine rescue team training Failure to file Form 8300 11 Schedule SE, filing requirement 44
credit 19 Failure to file information Schedule SE (Form 1040 or
Motor vehicle, alternative credit 18 returns 11 1040-SR) 9
Failure to furnish correct payee Section 179:
statements 11
N Underpayment of tax 8 Deduction 33
Net operating losses 40 Waiver of 11 Property 24
Net profit or loss 39 Pension plans 35 Securities:
New markets credit 19 Personal property tax 36 Dealer 26
Newspaper carrier or Prepaid expense: Trader 26
distributor 26 Extends useful life 35 Self-employment tax (See SE tax)
Newspaper or magazine vendor 26 Rent 36 SE tax:
Nonbusiness bad debt 31 Professional fees 35 About 8
Nondeductible insurance Promissory notes 23 Aliens 40
premiums 34 Publications (See Tax help) Child employed by parent 41
Nonemployee compensation 20 Public official 26 Church employee 41
Nontaxable exchanges 17 Punitive damages 24 Community property income 41

Publication 334 (2019) Page 53