J.K. Lasser's 1001 Deductions and Tax Breaks 2017: Your Complete Guide to Everything Deductible


A straightforward guide to taking tax breaks and deductions on your 2016 tax return

Completely revised to reflect important changes in recent tax laws (including the Affordable Care Act's individual health care mandate), J.K. Lasser's 1001 Deductions & Tax Breaks 2017 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. New tax law alerts are also included 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 and entertainment
  • Medical and dental expenses
  • Health savings accounts
  • Education costs
  • Your charitable giving
  • Casualty and theft losses
  • Insurance

Packed with hundreds of updated deductions and credits, exclusions and tax-free opportunities, practical advice, and real-world examples, J.K. Lasser's 1001 Deductions & Tax Breaks 2017 is a book every taxpayer should own.

Don't forget to view the free online supplement to this book at for late tax changes made by Congress and other up-to-the-minute tax law changes.

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BARBARA WELTMAN is an attorney and a nationally recognized expert in taxation for small businesses, as well as the author of many top-selling books on taxes and finance, including J.K. Lasser's Small Business Taxes. She is also the publisher of Idea of the Day®, a guest columnist for and U.S. News & World Report, is quoted regularly in major publications (including the New York Times, the Wall Street Journal, and Money magazine), and hosts a monthly radio show. Visit her at

Introduction vii

1. You and Your Family 1

2. Medical Expenses 29

3. Education Costs 73

4. Your Home 108

5. Retirement Savings 146

6. Charitable Giving 182

7. Your Car 209

8. Investing 225

9. Travel 261

10. Entertainment 282

11. Real Estate 300

12. Borrowing and Interest 325

13. Insurance and Catastrophes 339

14. Your Job 357

15. Your Business 389

16. Miscellaneous Items 418

Appendix A. Items Adjusted Annually for Inflation 443

Appendix B. Checklist of Tax-Free Items 448

Appendix C. Checklist of Nondeductible Items 452

Index 457