Premium Quickfinder Handbook

Your trusted quick reference handbook and eBook for individual and business tax questions

The Premium Quickfinder Handbook is your trusted source for quick reference to tax principles that apply when preparing individual, business and fiduciary income, estate and gift, tax-exempt organization, and payroll tax returns. It covers the essentials of preparing these tax filings, including detailed, true-to-life examples with filled-in forms and line-by-line explanations, and addresses tax law changes and IRS developments, all in a concise, easy-to-use format.

The tax eBook and handbook depended on by tax and accounting professionals

Whether determining how the tax rules apply to a particular transaction or event, or how to report a particular tax item on the return, or simply looking up an amount or rate, the Handbook gets you the accurate answers you need quickly. Here’s what you’ll get with this useful tool:

• Material that’s organized in a unique tab structure based on the IRS tax forms plus topics you’ll encounter when preparing individual, business, fiduciary, estate and gift, tax-exempt, and payroll tax returns
• Loads of quick reference tables and charts to get you the answers you’re looking for quickly
• Examples throughout to illustrate how the tax rules apply and how to report items on the return
• A What’s New tab that summarizes significant current-year tax changes that are addressed throughout the Handbook, so you can quickly get up to speed on what’s changed
• References throughout the Handbook to relevant Internal Revenue Code sections, IRS regulations and rulings, and court cases so you can dig deeper into a subject if needed

See information above for new edition availability. To order the current or prior tax year editions, please call us at 800-431-9025.

• Premium Quickfinder Handbook 2020
  • Premium Quickfinder Handbook
  • Tab 1—2020 Tax Table and EIC Table
  • Tab 2—2020 States Quick Reference
  • Tab 3—Quick Facts, Worksheets, Where to File
  • Tab 4—2020 Form 1040—Line-By-Line
    • Filing Status
    • Dependents
    • Children of Divorced or Separated Parents
    • Signatures and Designees
    • Form 1040
    • Refund/Amount Owed
    • Schedule 1—Part I: Additional Income
    • Schedule 1—Part II: Adjustments to Income
    • Schedule 2—Part I: Tax
    • Schedule 2—Part II: Other Taxes
    • Schedule 3—Part I: Nonrefundable Credits
    • Schedule 3—Part II: Other Payments and Refundable Credits
    • Assembling the Return
  • Tab 5—Schedule A—Itemized Deductions and Schedule B—Interest and Dividends
    • Schedule A—Itemized Deductions
      • Medical Deductions
      • Taxes
      • Interest Tracing
      • Investment Interest Expense
      • Interest—Mortgages
      • Points—Mortgages
      • Other Mortgage Interest Deduction Rules
      • Charitable Contributions
      • Casualty Losses
      • Miscellaneous Itemized Deductions
    • Schedule B—Interest and Dividends
      • Interest Income
      • Dividends
      • Foreign Accounts and Trusts
      • Imputed Interest on Below Market Loans
      • U.S. Government Bonds
      • Bond Discount and Premium
  • Tab 6—Schedules C, F, and SE
    • Schedule C—Profit/Loss From Business
    • Health Care Costs
    • Business Use of Home
    • Daycare Providers
    • Business vs. Hobby Losses
    • Independent Contractors
    • Starting a Business
    • Net Operating Loss (NOL)
    • Schedule SE—Self-Employment Tax
    • Schedule F—Profit/Loss From Farming
    • Qualified Business Income (QBI) Deduction
  • Tab 7—Schedule D; Form 4797; Sales and Exchanges
    • Schedule D/Form 8949—General Rules
    • Stocks and Other Securities
    • Mutual Funds
    • Employee Stock Options
    • Bad Debts
    • Sales of Business Property
    • Installment Sales
    • Home Ownership
    • Sale of Residence
    • Residence Gain Exclusion
    • Excluding Gain When Home Used for Business or Rental
    • Foreclosures
    • Like-Kind Exchanges
    • Qualified Opportunity Zone (QOZ) Investment
  • Tab 8—Schedule E, Passive Activities, At-Risk
    • Rents and Royalties
    • Renting Out a Home
    • Partners and S Corporation Shareholders
    • Passive Activities
    • Special Passive Loss Rules for Rental Activities
    • At-Risk Rules
  • Tab 9—Form 2106, Business Travel and Meals
    • Business Meals
    • Travel
    • Substantiation Requirements
    • Per Diem Rates
  • Tab 10—Depreciation
    • MACRS Depreciation Tables
    • Depreciation Rules
    • Special (Bonus) Depreciation
    • Alternative Minimum Tax Adjustments
    • Alternative Depreciation System
    • Section 179 Deduction
    • Section 179 Recapture
    • Short Tax Year—MACRS
    • Depreciation Recapture
    • General Asset Account (GAA) Depreciation
    • Capitalization Rules
    • Change of Use of MACRS Property
    • Property Contributed to a Partnership or Corporation
    • Amortization
    • Depletion
  • Tab 11—Autos and Listed Property
    • Deducting Vehicle Expenses
    • Depreciating Vehicles
    • Depreciation Recapture
    • Basis—Autos
    • Credit for Plug-In Vehicles
    • Commuting Expenses
    • Listed Property
    • Leased Vehicles
  • Tab 12—Credits, AMT, NIIT, and Special Taxpayers
    • Adoption Credit or Benefit Exclusion
    • Child and Dependent Care Credit
    • Child Tax Credit
    • Earned Income Credit
    • Education Tax Credits
    • First-Time Homebuyer Credit
    • Premium Tax Credit
    • Residential Energy Tax Credits
    • Alternative Minimum Tax (AMT)
    • 3.8% Net Investment Income Tax
    • Household Employers
    • Ministers/Clergy
    • Military Personnel
    • Community Property
    • U.S. Taxpayers Working Abroad
    • Non-U.S. Citizens
    • Oil and Gas Investors
  • Tab 13—Children, Education, and Divorce
    • Kiddie Tax
    • Foster Parents
    • Qualified ABLE Programs
    • Custodial Accounts
    • Savings Bonds Interest Exclusion
    • Student Loan Interest Deduction
    • Tuition and Fees Deduction
    • Qualified Tuition (Section 529) Programs
    • Education Savings Accounts
    • Scholarships and Fellowships
    • Divorce
  • Tab 14—Retirement and Social Security
    • Retirement
      • Traditional IRAs
      • Deducting Traditional IRA Contributions
      • Roth IRAs
      • Roth IRA Conversions
      • Rollovers and Transfers
      • Withdrawals and Distributions
      • Required Minimum Distributions
      • Reporting Penalty Taxes
      • IRAs at Death
      • Simplified Employee Pensions (SEPs)
      • SIMPLE IRA Plans
      • Qualified Retirement Plans
      • Annuity Distributions
    • Social Security
      • Social Security Benefits
      • Retirement Benefits
      • Disability Benefits
      • Medicare
      • Medigap Insurance
      • Medicaid
      • Supplemental Security Income
  • Tab 15—Reference Materials and Worksheets
  • Tab 16—Partnerships
    • Basics of Partnerships
    • Partnership Income and Expenses
    • Basis
    • Built-In Gain or Loss
    • Partnership Distributions
    • Partnership Example
      • Line-By-Line Instructions
  • Tab 17—Corporations
    • Basics of Corporations
    • Capital Contributions
    • Section 1244 Stock Losses
    • Small Business Stock
    • Distributions
    • Earnings and Profits (E&P)
    • Accumulated Earnings Tax
    • Corporate Income and Expenses
    • Corporate AMT
    • Losses and Miscellaneous Items
    • Corporation Example
      • Line-By-Line Instructions
      • Cost of Goods Sold
      • Dividends and Special Deductions
      • Tax Computation
      • Other Information
      • Balance Sheets
      • Reconciliation of Income (Loss) per Books With Income per Return
      • Analysis of Unappropriated Retained Earnings per Books
  • Tab 18—S Corporations
    • Basics of S Corporations
    • S Corporation Taxes
    • Reasonable Wages
    • Shareholder’s Basis
    • Distributions
    • S Corporation Example
      • Line-by-Line Instructions
      • Cost of Goods Sold
      • Other Information
      • Shareholder’s Share of Income, Deductions, Credits, etc.
      • Balance Sheets
      • Reconciliation of Income (Loss) per Books With Income (Loss) per Return
      • Analysis of AAA, Shareholders’Undistributed Taxable Income Previously Taxed (PTI), AE&P and OAA
  • Tab 19—Tax-Exempt Organizations
    • Basics of Tax-Exempt Organizations
    • Private Foundations
    • Becoming an Exempt Organization
    • Form 990, 990-EZ, or 990-N
    • Completing Form 990-EZ
    • Contributions to Tax-Exempt Organizations
    • Unrelated Business Income Tax (Form 990-T)
  • Tab 20—LLCs and Other Business Entities
    • Limited Liability Company (LLC)
    • LLCs and Entity Classification
    • LLC Creation and Conversions
    • Qualified Business Income (QBI) Deduction
    • LLCs—Other Considerations
    • Limited Liability Partnership (LLP)
    • Personal Service Corporation (PSC)
    • Personal Holding Company (PHC)
  • Tab 21—Fiduciary Tax Returns (Form 1041)
    • Overview of Income Taxation of Trusts and Estates
    • Simple Trust—Detailed Example
    • Complex Trust—Detailed Example
  • Tab 22—Estate and Gift Tax Returns
    • Death of a Taxpayer
    • Taxable Income in the Year of Death
    • Final Form 1040
    • Gift Tax Return (Form 709)
    • Estate Tax Return (Form 706)
    • Basis in Property
    • Valuing Property
    • Taxable Estate Example
    • Comprehensive Example—Portability Election
  • Tab 23—Payroll Tax Returns
    • Payroll Tax Deposit Requirements
    • Payroll Tax Payments
    • Withholding Methods
    • New Hire Reporting
    • Payroll Tax Reporting
    • Special Compensation
    • Trust Fund Recovery Penalty
    • Other Payroll Tax Issues
  • Tab 24—Deductions, Credits, and Books vs. Tax
    • Tax Credits
    • Small Employer Health Insurance Credit
    • CARES Act and FFCRA Tax Credits
    • Selected Energy Tax Incentives for Businesses
    • Net Income per Books vs. Taxable Income
  • Tab 25—What’s New
    • Tax Legislation—December 2019
    • Tax Legislation—COVID-19 Relief
  • Tab 26—IRS Circular 230
    • Paragraph 1.
    • Subpart A—Rules Governing Authority to Practice
    • Subpart B—Duties and Restrictions Relating to Practice Before the Internal Revenue Service
    • Subpart C—Sanctions for Violation of the Regulations
    • Subpart D—Rules Applicable to Disciplinary Proceedings
    • Subpart E—General Provisions
  • Quickfinder® Supplemental Tax Organizers
  • Back Cover

• Sample Pages View
• Thomson Reuters Proview Brochure View
• Checkpoint Proview Demo View

• Airline Personnel Tax Organizer View
• Alien (Non-U.S. Citizen) Tax Organizer View
• Daycare Provider Tax Organizer View
• Direct Sellers Tax Organizer View
• Expatriate Tax Organizer View
• Oil and Gas Investors Tax Organizer View
• Tax Preparer's Guide View
• Truckers Tax Organizer View
• 1040 Tax Instructions View
• 1040 Tax Organizer View
• User's Guide View