Page 132 - 2020 Publication 17

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Annuities (Cont.) 14:38 - 19-Jan-2021
Unrecovered investment 103 Bookkeeping (See Recordkeeping Head of household, qualifying Compensation 46
Withholding 13, 39 requirements) person to file as 24 (See also Wages and salaries)
Annulled marriages: Breach of contract: Social security number to be Defined for IRA purposes 76
Filing status 21 Damages as income 72 obtained 36 Defined for Roth IRA
Anthrax incidents (See Terrorist Bribes 72, 100 Care providers 46 purposes 86
attacks) Brokers: Credit for 7 Employee 46
Antiques (See Collectibles) IRAs with 76 (See also Child tax credit) Miscellaneous compensation 46
Appraisal fees 99 Commissions 77 Custody of 28 Nonemployee 73
Archer MSAs 74 Burial expenses 100 Death of child: Unemployment 70
Contributions 47 Business expenses: Head of household, qualifying Computation of tax 13
Armed Forces: Job search expenses 74 person to file as 24 Equal amounts 13
(See also Veterans benefits) Reimbursements 38, 46 Dividends of (See this heading: Negative amounts 13
Combat zone: Returning excess business Investment income of child Rounding off dollars 13
Extension to file return 11 expenses 38 under age 18) Confidential information:
Signing return for spouse 22 Business tax credits: Earnings of 7 Privacy Act and paperwork
Dependency allotments 34 Claim for refund 19 Filing requirements: reduction information 3
Disability pay 51 As dependents (Table 1-2) 6 Constructive receipt of
Disability pensions 52 Gifts to 54 income 12, 60
GI Bill benefits 35 Investment income of child under Contribution deadline
Military quarters allotments 34 C age 18: extension 75
Real estate taxes when receiving Cafeteria plans 52 Dependent filing requirements Contributions 16, 72
housing allowance 96 Calendar year taxpayers: (Table 1-2) 6 (See also Charitable contributions)
Rehabilitative program Accounting periods 10, 12, 47 Interest and dividends 7 (See also Campaign contributions)
payments 51 Filing due date 10 Parents' election to report on Nontaxable combat pay 76
Retiree's pay withholding 36 California Nonoccupational Form 1040 or 1040-SR 7 Political 102
Retirees' pay: Disability Benefit Fund 95 Kidnapped 28, 32 Reservist repayments 77
Taxable income 51 Campaign contributions 72 Signing return, parent for Convenience fees 100
Wages 51 Presidential Election Campaign child 14 Conversion (See specific retirement
Assistance (See Tax help) Fund 13 Standard deduction for 90, 91 or IRA plan)
Assistance, tax (See Tax help) Campaign expenses 101 Stillborn 28 Cooperative housing:
ATIN (Adoption taxpayer Canada: Support of (See Child support) Real estate taxes, deduction
identification number) 12 Resident of 27, 32 Tax credit (See Child tax credit) of 95
Attachment of wages 12 Cancellation of debt 66 Transporting school children 75 Taxes that are deductible
Attachments to return 13 Exceptions to treatment as Unearned income of 54 (Table 11-1) 97
Attorney contingency fee: income 67 Child support 72 Copyrights:
As income 72 Capital assets: Child tax credit 7, 25, 106–108 Infringement damages 72
Attorney fees, whistleblower Coal and iron ore 70 Claiming the credit 108 Royalties 70
awards: Capital expenses 35 Limit on credit 108 Coronavirus-related
As income 72 Capital gains or losses: Limits 22 distributions 75
Attorneys' fees 100, 101 Hobbies, sales from Married filing separately 22 Corporations 68
Automatic extension of time to collections 74 Chronic illness: (See also S corporations)
file 10 Sale of personal items 74, 75 Accelerated payment of life Director fees as self-employment
Form 4868 10 Car pools 72 insurance income 73
Awards (See Prizes and awards) Carrybacks: proceeds (See Accelerated Corrections (See Errors)
Business tax credit death benefits) Cost basis:
carrybacks 19 Long-term care (See Long-term IRAs for nondeductible
contributions 80, 83
care insurance contracts)
B Cars 49, 75 Citizen or resident test 27 Cost-of-living allowances 47
(See also Travel and transportation)
Babysitting 46 Personal property taxes on, Citizens outside U.S.: Coupon bonds 60
Back pay, award for 46 deduction of 98 Earned income exclusion 3 Court awards and
Emotional distress damages Cash: Employment (See Foreign damages (See Damages from
under title VII of Civil Rights Rebates 72 employment) lawsuits)
Act of 1964 72 Cash method taxpayers 12 Extension of time to file 11 Cousin 33
Backup withholding 39, 43, 54 Real estate transactions, tax Filing requirements 6 Credit cards:
Penalties 39 allocation 95 Withholding from IRA Benefits, taxability of
Bad debts: Taxes paid during tax year, distributions 84 insurance 72
Claim for refund 18 deduction of 94 Civil suits 72 Payment of taxes 3
Recovery 68 Cash rebates 72 (See also Damages from lawsuits) Credit for child and dependent
Balance due 105 Casualty insurance: Civil tax penalties (See Penalties) care expenses 106
Bankruptcy: Reimbursements from 72 Clergy 7 Credit for other dependents 106,
Canceled debt not deemed to be Casualty losses 100, 102 Housing 50 108
income 67 Certificates of deposit (CDs) 60, Real estate taxes when Claiming the credit 108
Banks: 75 receiving housing Limit on credit 108
IRAs with 76 (See also Individual retirement allowance 96 Qualifying person 108
Barter income 66 arrangements (IRAs)) Life insurance proceeds when Credit for the elderly or the
Definition of bartering 66 Change of address 17 chaplain died in line of disabled 106
Form 1099-B 66 Change of name 12, 43 duty 68 Credit or debit cards:
Basis: Chaplains: Pensions 50 Payment of taxes 10
Cost basis: Life insurance proceeds when Special income rules 50 Credits 104, 106
IRAs for nondeductible death in line of duty 68 Clerical help, deductibility of 100 American opportunity 22
contributions 80, 83 Charitable contribution deduction: Coal and iron ore 70 Child tax (See Child tax credit)
Beneficiaries 73 Standard deduction 90 Collectibles: Credit for other dependents 106
(See also Trust beneficiaries) Charitable contributions: IRA investment in 84 Earned income (See Earned
(See also Estate beneficiaries) Gifts to reduce public debt 16 Colleges and universities: income credit)
Bequests 73, 74 Charitable distributions, Education costs 74 Lifetime learning (See Lifetime
(See also Estate beneficiaries) qualified 83 (See also Qualified tuition learning credit)
(See also Inheritance) Checks: programs) Custodial fees 100
Birth of child 28 Constructive receipt of 12 Combat zone: Custody of child 28
Head of household, qualifying Check-writing fees 101 Extension to file return 11
person to file as 24 Child, qualifying 27 Signing return for spouse 22
Social security number to be Child and dependent care credit: Commissions 38
obtained 36 Married filing separately 22 Advance 46 D
Birth of dependent 33 Child born alive 28 IRAs with brokers 77 Damages from lawsuits 72
Blind persons: Child care: Sharing of (kickbacks) 74 Dating your return 13
Exemption from withholding 38 Babysitting 46 Unearned, deduction for Daycare centers 46
Standard deduction for 90, 91 Care providers 46 repayment of 46 (See also Child care)
Bonds: Expenses 35 Common law marriage 21 Deadlines (See Due dates)
Amortization of premium 102 Child custody 28 Community property 6, 57 Death (See Decedents)
Issued at discount 59 Children 48 IRAs 77 Death benefits:
Original issue discount 59 (See also Adoption) Married filing separately 23 Accelerated 68
Sale of 59 Additional child tax credit 108 Commuting expenses 101 Life insurance proceeds (See Life
Savings 56 Adoption (See Adopted child) Employer-provided commuter insurance)
Tax-exempt 59 Babysitters 46 vehicle 49
Bonuses 38, 46, 74 Birth of child:
Page 128 Publication 17 (2020)