155 essential tax deductibles you must use in 2016

8/18/2019 155 Essential Tax Deductibles You Must Use in 2016

1/35

522 Bssbctiel tex fbfuhtidlb hmbhglist y`u just usb ic 4?5>

5


2/35


522 Bssbctiel tex fbfuhtidlbs

yù just usb ic 4?5>

Abt e migb

Nilb e cbw Q-6 n`rj witm yùr bjl`ybr n`r !rbetbr rbturc

`c ic"bstjbct#

Ichrbesb yùr cbst baa

$mb %ctbrcel &b"bcub 'br"ihb (%&') ell`ws yù t` h`ctridutb

e jexijuj ejùct `n *5+,??? t`werf yùr 6?5(g) `r `tmbr

sijiler rbtirbjbct se"ic!s lec ic 4?5> (*46,??? in yùrb

e!bf 2? `r ed`"b dy tmb bcf `n tmb nicechiel yber)#

H`sy up t` e T`tm 6?5(g)

'e"ic!s yù ehhujuletb ùt `n e &`tm 6?5(g) furic! yùr

!`lfbc feys will db tex-nrbb `cbs#

_ertihipetb ic ec Icfivifuel Tbtirbjbct

Ehhùct `r ITE

4

http://taxes.about.com/od/retirementtaxes/qt/401k-contribution-limits.htmhttp://taxes.about.com/od/retirementtaxes/qt/401k-contribution-limits.htm


3/35


.esbf `c yùr bercic!s es wbll es yùrb e ertihiect ic e

rbtirbjbct se"ic!s lec et w`rg, tmb %&' jey brjit yù t`

fbfuht e hbrteic ejùct `r ell `n yùr %&/ h`ctriduti`c#

Hm``sb mbeltm te !rbegs

ù hec se"b 4? t` 2 `r j`rb h`jerbf witm sbcfic!

entbr-tex j`cby dy tegic! ef"ecte!bs `n tmb mbeltm tex

drbeg# $mis wey yùll c`t db esgbf t` ey d`tm ich`jb es

wbll es '`hiel 'bhurity texbs#

"sb prb#te f`llers t` pey $`r hmilf#herb !ills

8ìc! s` will mbl yù t` e"ìf eyic! texbs `c yùr ich`jbes wbll es '`hiel 'bhurity dbcbnits ecf b"bc se"b `cb-tmirf

`r j`rb `n yùr hmilfherb h`sts#

"sb bjpl`ybr#pr`vifbf bfuheti`cel !bcb$its

ù hec esg n`r e jexijuj ejùct `n *2,42? es bfuheti`cel mblp

behm nicechiel yber# $mis dbcbnit bc`ys tex-nrbb stetus#

Tbpey yùr 6?5(g) lèc !b$`rb %uittica yùr

8

https://www.irs.gov/publications/p970/ch11.htmlhttps://www.irs.gov/publications/p970/ch11.htmlhttps://www.irs.gov/publications/p970/ch11.html


4/35


&`!

$mis will mbl yù e"ìf eyic! e mi!m ejùct `n tex ecf in

yùrb e!bf dbl`w 22 ybers, tmbc yù jey me"b t` `dli!b

witm e tex bcelty `n 5?#

'bbp e là `$ ell tmb &`!#muctica h`sts

$mb %&' ell`ws yù t` fbfuht 4 ùt `n ell yùr `d-muctic!h`sts desbf `c yùr efustbf !r`ss ich`jb ligb tre"bl, n``f,

ehh`jj`feti`c ecf h`c"byechb#

Tbh`rf tmb h`sts `$ j`vica `vbr t` e cb &`!

$mb %&' brjits yù t` fbfuht tmb h`st `n swithmic! `ds

tmet rbuirbs t` j`"b et lbest 2? jilbs nertmbr nr`j yùr

hurrbct l`heti`c#

bh`jb e pr` ic tmb $iamt eaeicst

bcvir`cjbctel fejeab

ù hec ueliny n`r e tex hrbfit buel t` ? `n tmb ejùct

yùf ic"bst ic icstellic! eltbrceti"b bcbr!y buijbcts ic

yùr m`jb# 'uhm buijbcts hùlf db s`ler m`t wetbr

6


5/35


mbetbrs, s`ler blbhtrih systbjs, wicf turdicbs, !b`tmbrjel

mbet ujs, bth# B"bc led`r hmer!bs erb tex fbfuhtidlb#

"sb yùr $icechiel essbts t` jegb hmerite!lb

h`ctri!uti`c

ù hec usb st`hgs `r jutuel nucf smerbs tmet erb et lbest

j`rb tmec e yber `lf icstbef `n hesmhmbub t` jegb

hmeritedlb h`ctriduti`cs# ùf ueliny n`r tmb hmeritedlb

h`ctriduti`c fbfuhti`c es br tmb neir jergbt "elub `n yùr

f`cetbf sbhuritibs witm rbsbht t` tmb fetb yù jefb tmb

h`ctriduti`c# 1`rb`"br, yù w`ct me"b t` ey ecy texbs `c

tmb r`nits ichurrbf tmbrbic#

Tbh`rf ell tmb bpbcsbs $`r yùr s`hiel

sbrvihb ehtivitibs

%n yù hec gbb trehg `n ell yùr bxbcsbs n`r yùr s`hiel

sbr"ihb ehti"itibs ligb h`sts t` duy stejs n`r e nucfreisic!b"bct, jilbs fri"bc n`r hmerity ecf s` `c, tmbc yù hùlf esg

n`r e hbrteic tex fbfuhti`c#

_lec yùr bffica et tmb j`st `pp`rtucb

2


6/35


tijb

Nicf ùt wmbtmbr e wbffic! fetb ic tmb j`ctm `n 8bhbjdbr

`r =ecuery wùlf db rbnbredlb t` 9chlb 'ej# ;mechbs erb

yù ecf yùr sùsb hùlf bcf u eyic! e 7jerrie!b

bcelty< tmet hùlf db j`rb tmec wmet sic!lb nilbrs me"b t`

ey# '`, jegb surb tyic! tmb gc`t se"bs yù `c texbs#

*tey ic$`rjbf e!ùt te ijpliheti`cs `c yùr

fiv`rhb

ù just db herbnul rb!erfic! tmb tex desis wmilb frentic!

ùt ec buitedlb r`brty sbttlbjbct#

+ethm ùt $`r fbpbcfbchy bbjpti`cs

Qitm rbsbht t` tmb 4?52 rbturcs tmet is fub ic 5+tm /ril,

4?5>, yù hec ueliny n`r fbpbcfbchy bxbjpti`c `n *6,??? br

brs`c# N`r nurtmbr leccic! ic 4?5>, tmb sejb ejùct

ichrbesbs dy *2? t` stecf et *6,?2?#

,egb efvecteab `$ tmb Hmilf ,e Hrbfit (H,H)

$mb %&' r`"ifbs witm e ;$; dbcbnit `n u t` *5,??? br

hmilf#

>

http://www.bankrate.com/finance/taxes/tax-exemption-amounts.aspxhttp://www.taxcreditsforworkingfamilies.org/child-tax-credit/http://www.bankrate.com/finance/taxes/tax-exemption-amounts.aspxhttp://www.bankrate.com/finance/taxes/tax-exemption-amounts.aspxhttp://www.taxcreditsforworkingfamilies.org/child-tax-credit/


7/35


Tbh`rf tmb h`sts `$ ef`pti`c

ù hec rbh`"br tmb f`llers sbct t`werfs ef`tic! e hmilf

dy tmb mbl `n tex hrbfit#

*evb $`r h`llbab

'e"ic!s jefb n`r h`llb!b hec db tex nrbb dy usic! tmb stetb-

nucfbf 24: h`llb!b se"ic!s lec#

_ey yùr privetb shm``l tuiti`c $bbs vie

H`vbrfblls

%c e ;`"brfbll Bfuheti`c 'e"ic!s /hhùct e jexijuj `n*4,??? hec db h`ctridutbf ic ecy !i"bc yber# $mb j`cby

se"bf ic it will db c`c-texedlb ecf hec db usbf t` ey n`r

bfuheti`cel bxbcsbs tex nrbb#

*evb $`r h`llbab usica T`tm ITE

1`cby hec db witmfrewc nr`j suhm ec ehhùct ecy tijb

witmùt ic"itic! ecy tex `r bcelty#

1

https://newdirectionira.com/ira-info/contributions/coverdell-esahttps://newdirectionira.com/ira-info/contributions/coverdell-esa


8/35


_ey $`r yùr miambr bfuheti`c usica *evicas

`cfs

ù hec e"ìf eyic! ecy tex `c tmb ictbrbsts bercbf n`r

liuifetic! e 'e"ic!s .`cf t` ey n`r yùr hmilfs mi!mbr

bfuheti`c#

T`tm ITE hec els` sbrvb es e l`ca#tbrj cbstbaa $`r e hmilf

3erbcts `r !recferbcts hec h`ctridutb t` tmis se"ic!s lec

es ert `n tmbir l`c!-tbrj lec t` sbhurb tmbir hmilfs nuturb#

Nucfs ic &`tm %&/ erb c`ctexedlb ecf me"b rbjergedlb

!r`wtm r`sbhts#

T`tm ITE hec mblp sevb $`r yùr $irst m`jb

ù hec se"b n`r yùr nirst m`jb dy usic! tmis l`c!-tbrj

se"ic!s lec# ùll db edlb t` witmfrew j`cby nr`j it ecy

tijb witmùt me"ic! t` ey ecy bcelty `r tex `c tmb sejb#

H`cvbrt yùr ITE ict` e T`tm ITE

8uric! rbtirbjbct, nucfs ic tmb &`tm %&/ will db tex nrbb#

=


9/35


Tbhti$y e !ef T`tm h`cvbrsi`c

ù hec rb"brt ecy h`c"brsi`c jefb t` yùr %&/ dbn`rb 52tm

0ht`dbr `n e !i"bc nicechiel yber t` e"ìf eyic! ecy tex `c

tmb f`llers#

*e$bauerf tmb $uturb `$ yùr mbirs

1egb surb yùr %&/ !`bs firbhtly t` tmb mbirfbbcfbct

h`chbrcbf ecf c`t t` yùr bstetb, es witmfrewic! j`cby

nr`j tmb bstetb-efjicistbrbf %&/ hùlf r`"b h`stly n`r

mijmbr#

_r`tbht yùr icmbritbf 6?5(g)N`r e dbcbnihiery t` bc`y nucfs ic tmis rbtirbjbct se"ic!s

ehhùct, mbsmb just db c`jicetbf es tmb firbht

dbcbnihiery `n tmb sejb# O`wb"br, e ni"b-yber rulb wùlf

ely in tmb 6?5(g) ehhùct !`bs t` tmb dbcbnihiery "ie tmb

`wcbrs bstetb#

-bt yùr yùca efult hmilfrbc bc&`y te hrbfit

$`r tmbir cbst baa

$ex hrbfit hec db es mi!m es *5,??? nr`j tmb &btirbjbct

9


10/35


'e"brs ;rbfit ic e !i"bc nicechiel yber# $mis hrbfit is

fbtbrjicbf is et tmb j`st 2? `n tmb nirst *4,???

h`ctriduti`c jefb t` ec %&/ `r bjl`ybr rbtirbjbct lec#

-bcfica j`cby t` yùr gifs

%n yù r`"ifb yùr gifs witm lèc `n `"br *5?E, tmbc yùll

me"b t` hmer!b ictbrbst `c tmb lèc ejùct# %n yù f`ct

lb"y ecy ictbrbst `c tmb lèc, tmbc yùll me"b t` rb`rt tmb

ictbrbst es ich`jb ic yùr tex rbturc#

,e fbfuhti`c hleij $`r ictbrbst peif `c

stufbct lèc/ hmilf hec bc`y tex fbfuhti`cs `c tmb ictbrbst eif t`werf

tmbir stufbct lèc dy tmbir erbcts# O`wb"br, mismbr

erbcts w`ct db edlb t` hleij mijmbr es fbbcfbct, b"bc

ic edsbchb `n ec itbjiDbf tex fbfuhti`c#

.`jb#selb hepitel aeics is c`c#tee!lb $`r

sicalb `cbr

/ m`jb s`lf et e rihb `n u t` *42?,??? dy e sic!lb `wcbr

wùlf db c`c-texedlb es ner es heitel !eics texbs erb

5?


11/35


h`chbrcbf# .ut, tmb `wcbr mes t` usb tmb m`jb es mismbr

richiel m`jb `n rbsifbchb n`r et lbest tw` ybers `n tmb

ni"b ybers lbefic! u t` tmb selb#

.`jb#selb hepitel aeics is c`c#tee!lb $`r

jerribf ̀ cbrs

%c tmis hesb, tmb c`c-texedlb heitel !eics will *2??,???#

O`wb"br, tmb m`jb s`lf just me"b dbbc usbf es tmb

richiel m`jb `n rbsifbchb n`r et lbest tw` ybers dy tmb

jerribf hùlb#

Ictbrbst peif tèrf m`jb#b%uity fb!t is te#$rbb

%ctbrbst eif `c e m`jb buity lèc tmet is es juhm es

*5??,??? is tex fbfuhtidlb#

*bh`cf m`jb `r rbctel pr`pbrty hec pr`vifb

luhretivb te !rbegs

%ctbrbsts eif `c lèc `n c`t j`rb tmec *5#5 jilli`c t`

sbhurb nirst ecf sbh`cf erb tex fbfuhtidlb#

55


12/35


"sb yùr veheti`c m`jb lbss

$` hleij tex fbfuhti`c n`r tmb l`ssbs ichurrbf fub t` yùr

"eheti`c m`jb, yù smùlf e"ìf usic! it yùrsbln t`` juhm#

%&' seys yù smùlf usb yùr "eheti`c m`jb c`t j`rb tmec

56 feys `r `"br 5? `n tmb cujdbr `n feys usbf dy e tbcect

n`r brs`cel ur`sb t` ueliny n`r tex fbfuhti`cs#

_ertihipetb ehtivbly ic rbctel bstetb jergbt #

/ l`ss `n u t` *42,??? hec db fbfuhtbf nr`j yùr tex

rbturc, r`"ifbf yùrb ehti"bly ic"`l"bf ic tmb l`hel rbctel

rbel bstetb shbcb# O`wb"br, yùr efustbf !r`ss ich`jb

smùlf db dbl`w *5??,???#

uy cb pr`pbrty vie te#$rbb bhmecab

`pti`cs #

8ìc! s` will mbl yù t` se"b `c heitel !eics texbs,

tmbrbdy d``stic! yùr heehity t` ic"bst j`rb t`werf e

sbh`cf r`brty#

/egb rbel bstetb fbel ic icstelljbcts #

54


13/35


$mis `ti`c will r`"ifb yù witm tex fbnbrjbct# Obchb, yù

cbbf t` lb"y ictbrbst `c yùr rbel bstetb fbel# 1egb surb

yùr behm eyjbct mes tmrbb ertsH 5# ;eitel !eicF 4# &bturc

`c ic"bstjbct (c`c-texedlb) ecf # %ctbrbst (texbf et

rbsbct mi!mbst retb)#

,urc yùr veheti`crbctel pr`pbrty ict` yùr

prichipel m`jb `$ rbsifbchb (sicalb `cbr)

/s e sic!lb `wcbr, yù hec bc`y tex fbfuhti`c `n u t`

*42?,??? n`r sbllic! yùr richiel rbsifbchb ecf h`c"brtic!

yùr rbctel `r "eheti`c m`jb ict` richiel `cb#

,urc yùr veheti`crbctel pr`pbrty ict` yùr

prichipel m`jb `$ rbsifbchb (jerribf hùplbs)

/s jerribf hùlb, yù hec hleij e tex fbfuhti`c `n c`t

j`rb tmec *2??,??? n`r sbllic! `nn yùr richiel m`jb ecf

turcic! yùr rbctel `r "eheti`c r`brty ict` richiel m`jb`n rbsifbchb#

ùr rbctel ich`jb is te $rbb #

.y tmb sbhiel r`"isi`c, yù hec rbct ùt yùr "eheti`c

58


14/35


m`jb n`r e jexijuj `n 56 feys ecf f`ct me"b t` ey e

fijb es tex `c tmb ich`jb jefb tmbrbic#

4bfuht tebs t` rbh`vbr m`jb !uyica h`sts #

$mb %&' !rects yù tex fbfuhti`c t` rbhù tmb h`sts

ess`hietbf witm e m`jb urhmesb ic tmb sejb nicechiel yber#

Evìf !uyica te !ills

3urhmesb jutuel nucfs ri`r t` tmbir eyùts ecf yùll me"b

tmb fi"ifbcf bnnbhti"bly rbfuhb yùr h`st rihb# ùll me"b

t` ey texbs `c tmb ejùct tmù!m# .ut, in yù urhmesb

jutuel nucfs entbr tmbir eyùts, tmbc yùll !bt tmbj et

l`wbr retbs ecf c` texbs et ell#

*bll yùr $icechiel essbts sjertly

ù hec bc`y rbnbrbctiel tex retbs, in yù sbll yùr essbts

tmet erb et lbest `cb yber `lf ecf ueliny es e l`c!-tbrj

!eic#

4`hujbct tmb telly `$ yùr !esis

56


15/35


Qitm rbsbht t` yùr urhmesbf essbts, yùr tex desis is tmb

ejùct tmet yù me"b ic"bstbf# $met ejùct will mbl yù

t` fbtbrjicb r`nit `r l`ss wmbc yù sbll yùr essbts# '`,

herbnully f`hujbctbf tex desis will rb"bct yù nr`j

jegic! uccbhbssery tex eyjbcts#

8ptijib yùr icvbstjbct p`rt$`li` t` sevb

j`rb `c tebs

%n yù"b ichurrbf s`jb gicf `n l`ss, tmbc yù jey tegb

m`jb e hbrteic ejùct `n tmb r`nits dehg m`jb tex nrbb#

+`rg itm yùr !r`gbr $`r selbs fbhisi`csQmbc yù icstruht yùr dr`gbr edùt sbllic! yùr smerbs,

tmbc yùll me"b dbttbr h`ctr`l `"br tmbir tex h`csbubchbs

es wbll#

2bvbr rbs`rt t` esm selb rulb%n yù"b s`lf yùr st`hg, d`cf `r jutuel nucf et e l`ss, tmbc

cb"br duy dehg tm`sb sejb sbhuritibs witmic ? feys `n tmb

fbel#

52


16/35


Abt yùr !r`gbr ic yùr $ev`r

%n yù gc`w tmet e ertihuler st`hg is !ìc! t` hresm n`r surb,

tmbc esg yùr dr`gbr t` urhmesb it nr`j yù et e l`wbr tmec

c`rjel jergbt rihb# $mis wey yùll db edlb t` rbhù tmb

l`ssbs dy hleijic! tex fbfuhti`cs n`r tmb sejb#

/egb berly te peyjbcts `c rbstrihtbf st`hgs

9sb +(d) blbhti`c, in yù"b rbhbi"bf dbcbnits nr`j yùr

rbstrihtbf st`hgs# Qitm its mbl, yù hec ey texbs desbf `c

tmb ijjbfietb "elub `n tmb st`hg ecf w`ct me"b t` weit till

tmb rbstrihti`cs erb lintbf ecf tmb st`hg "bsts#

8pt $`r te#$rbb !`cfs

$mb neht tmet rbturc `c ic"bstjbct nr`j e tex-nrbb d`cf

eyic! 2 ictbrbst is mi!mbr wmbc h`jerbf t` e texedlb

d`cf witm #6> ictbrbst# 8i"ifb ?#> dy 2 ecf !bt yùr

rbsultsA

/egb usb `$ trbesury !ills

$` fbnbr `c texbs d`tm stetb ecf l`hel, yù jey hm``sb t`

5>


17/35


berc trbesury ictbrbst#

*bll pbrs`cel pr`pbrty t` rbletivbs

$mù!m yù f`ct berc ecy l`ss fbfuhti`c, ybt tmb duybr will

db edlb t` se"b `c texbs ic tmb nuturb#

Hleij yùr *`hiel *bhurity !bcb$its mbc

j`st eppr`prietb

ù hec hleij n`r tmb '`hiel 'bhurity dbcbnits, in yù"b

st`bf w`rgic! ecf erb e!bf >4 ybers `r ed`"b#

4uhg peyica >?1 pbcelty

%n yùrb e!bf `"br ? M ybers, tmbc yù smùlf witmfrew

jicijuj ejùct nr`j yùr %&/ b"bry yber#

,rehg jbfihelly cbhbssery ijpr`vbjbct h`sts;`sts bxhbbfic! tmb "elub `n yùr m`jb `r "bmihlb hec db

ichlufbf ict` tmb tex fbfuhtidlb jbfihel bxbcsbs#

51


18/35


Eff trevbl h`sts t` yùr jbfihel fbfuhti`cs

ù hec fbfuht e jexijuj `n *2? br ci!mtbr brs`c n`r

sbcfic! t`werf ehh`jj`feti`c wmilb sbbgic! jbfihel

trbetjbct tmet n`rhbs yù t` stey ewey nr`j m`jb

`"brci!mt# B"bc tmb h`c"byechb h`st t` ecf nr`j yùr

mysihiec is tex fbfuhtidlb#

4bfuht l`ca#tbrj#herb prbjiujs

$mb rbjiuj eif `c suhm ec icsurechb `lihy is tex

fbfuhtidlb# $mb gby mbrb is tmet tmb `lfbr yù erb, tmb j`rb

fbfuhti`cs yù hec hleij#

Ai$t yùr f`llers

ù hec !int es juhm es *56,??? t` ecy`cb ic e nicechiel yber

witmùt ic"itic! ecy tex `c tmb ejùct#

Hm``sb tmb ept $`rj `$ !usicbss

$mb tyb `n dusicbss yù sbt u will ennbht yùr texeti`c

sb"brbly# N`r bxejlb, yù hùlf `t n`r e sudhmetbr ' gicf

`n h`r`reti`c, lijitbf-liedility h`jecy (II;), s`lb

r`ribt`rsmi `r ;-h`r#

5=


19/35


Esg yùr hmilfrbc t` `rg $`r yùù hec fbri"b mu!b tex dbcbnits, in yù bjl`y yùr

hmilfrbc ecf yùr dusicbss is still ucich`r`retbf#

Hleij yùr !usicbss stert#up h`sts

ù hec fbfuht *2,?? ic dusicbss stert - up h`sts, r`"ifbf yùr

`"brell stertu h`sts erb *2?,??? `r l`wbr#

Hleij yùr !usicbss `pbreti`c h`sts

ù hec els` fbfuht *2,??? ic dusicbss `breti`c h`sts, in

yùr `"brell stert-u "bcturb h`sts erb *2?,??? `r l`wbr ic

tmb sejb yber wmbc yùr dusicbss stertbf brn`rjic!#

Iac`rb m`!!y#l`ss rulbs

1egb surb yù n`ll`w yùr m`ddy es in e dusicbss# $` tmisbcf, yù just me"b e sberetb decg ehhùct ecf !bt

dusicbss herfs rictbf# ùrb c`t r`miditbf nr`j hleijic!

tex fbfuhti`cs `c tm`sb ehti"itibs, r`"ifbf yù hec r`"b

tmet tmb l`ssbs wbrb ichurrbf wmilb ettbjtic! ruc e

59

http://quickbooks.intuit.com/r/taxes/3-tax-deductions-available-only-to-startup-businesses/http://quickbooks.intuit.com/r/taxes/3-tax-deductions-available-only-to-startup-businesses/http://quickbooks.intuit.com/r/taxes/3-tax-deductions-available-only-to-startup-businesses/http://quickbooks.intuit.com/r/taxes/3-tax-deductions-available-only-to-startup-businesses/http://quickbooks.intuit.com/r/taxes/3-tax-deductions-available-only-to-startup-businesses/http://quickbooks.intuit.com/r/taxes/3-tax-deductions-available-only-to-startup-businesses/


20/35


dusicbss#

"sb sbl$#bjpl`yjbct ich`jb rbhbipts t` abt

te fbfuhti`cs

ù hec bxtbcf tmb rbhbit `n ich`jb t` cbxt yber dy

fbleyic! t` jeil tmb dills t` yùr hlibcts# N`r icstechb, yù

hec jeil tmb dills letb ic 8bhbjdbr s` tmet yù f`ct !bt tmb

eyjbct witmic 5st 8bhbjdbr `n tmb sejb yber# 1`rb`"br,

yù hec jegb dusicbss eyjbcts dbn`rb =ecuery 5 t`

ueliny n`r tmb fbfuhti`cs#

2bvbr smy eey $r`j m`jb#`$$ihb rulbs%n yù usb yùr m`jb n`r dusicbss ur`sb, tmbc yù hec

tegb ef"ecte!b `n fbfuhtic! m`jb-`nnihb bxbcsbs ligb e

`rti`c `n yùr icsurechb rbjiujs, utility dills ecf m`jb

jeictbcechb h`sts#

*mbltbr yùrsbl$ $r`j Eltbrcetivb /icijuj

,e (E/,)

%n yùrb sbbgic! smbltbr nr`j /1$, tmbc yù smùlf `t n`r

weys t` ichrbesb yùr ich`jb ecf fbnbr fbfuhti`cs# Obrb

4?

http://www.money-zine.com/financial-planning/tax-shelter/alternative-minimum-tax/http://www.money-zine.com/financial-planning/tax-shelter/alternative-minimum-tax/


21/35


erb s`jb `n tmb weys yù hec ichrbesb yùr ich`jbH

e# Bchesm 9#'# 'e"ic!s d`cfs, 'bribs BB

d# 'withm `"br t` texedlb d`cfs nr`j c`c-texedlb `cbs

h# ;m``sb sm`rt-tbrj heitel !eics `c st`hg `siti`cs

f# ;l`sb e hbrtinihetb `n fb`sit t` berc tmb ictbrbst

b# Qitmfrew nucfs nr`j texedlb %&/ `r 6?5(g) lec#

b herb$ul milb sbllica yùr st`hg i$ yù=rb

%ueli$y $`r tmb E/,

ù jey l`sb `c tmb ne"`redlb tex drbegs in yùr ich`jb

risbs tmec stiuletbf#

9ercbf ich`jb te hrbfit #

$mb bercbf ich`jb tex hrbfit (B%$;) is r`"ifbf t` l`wbr ecf

jifflb-ich`jb texeybrs#

,e hrbfit $`r tmb blfbrly ; fise!lbf

ù jey ueliny n`r tex hrbfit n`r dbic! blfbrly ecf

fisedlbf#

45


22/35


/bfihel trbetjbct h`sts hec !b fbfuhtbf

;`st `n jbfihel r`hbfurbs ecf sbr"ihbs ligb ed`rti`c,

ehuuchturb, effihti`c trbetjbct, ejdulechb sbr"ihb,

eccuel mysihel bxejiceti`c, ertinihiel tbbtm, eut`bttb,bth

erb tex fbfuhtidlb#

.ecfe!b, dl``f su!er tbst git, d`fy shec, drbest ujs,

drbest rbh`cstruhti`c sur!bry, dirtm h`ctr`l ills, .reillb

d``gs ecf je!eDicbs#

;eitel bxbcsbs, her (sbhiel buijbct), hmir`reht`r,

;mristiec 'hibchb rehtiti`cbr, hlicih h`sts, h`cteht lbcsbs,

h`sjbtih sur!bry t` h`rrbht e fisni!urbjbct, hruthmbs#

8bctel trbetjbct, fbctist, fie!c`stih fb"ihbs, fie!c`stih

tbsts, fisedlbf fbbcfbct herb bxbcsbs, f`ht`r "isit, fru!

effihti`c trbetjbct, fru!s (wmbc rbshridbf dy e

mysihiec)#

Byb f`ht`r, byb!lessbs, byb sur!bry (ichlufic! lesbr)#

Nbrtility bcmechbjbct, n`ucfbrs nbb#

44


23/35


Kuifb f`! `r `tmbr mblbr ecijel sbr"ihb#

Obeltm icstitutb, mbeltm jeictbcechb `r!eciDeti`c, mberic!

eifs, m`jb herb, m`jb ijr`"bjbcts, m`sitel nbbs ecf

sbr"ihbs#

%csulic, icsulic trbetjbcts, icsurechb rbjiujs, (herb n`r

tmb) ictbllbhtuelly `r fb"bl`jbctelly fisedlbf#

Ied`ret`ry nbbs, lehteti`c sulibs, lbef-desbf eict

rbj`"el, lbercic! fisedility, lb!el nbbs, linbtijb herb, l`f!ic!

wmilb rbhbi"ic! jbfihel herb (u t` *2? e brs`c br ci!mt),

l`c!-tbrj herb#

1bels, jbfihel h`cnbrbchbs, jbfihel bxejiceti`cs, jbfihel

icn`rjeti`c lec, jbfihel sbr"ihbs, 1bfiherb 3ert .

sulbjbctel h`sts, 1bfiherb 3ert 8 rbjiujs, jbfihicbs

(wmbc rbshridbf dy e mysihiec)#

Gursic! m`jb, cursic! sbr"ihbs#

0hhueti`cel tmbrey, `breti`cs, `t`jbtrist, `r!ec

f`c`rs, ̀ stb`etm, ̀ xy!bc#

48


24/35


3mysihel bxejiceti`c, mysihel tmbrey, `fietrist,

rb!cechy tbsts ecf rb!cechy tbst git, rbshriti`c fru!s

ecf jbfihicbs, r`stmbsis, syhmietrih herb, syhm`ecelysis,

syhm`l`!ist#

&bh`cstruhti"b sur!bry#

'bhiel bfuheti`c, stbriliDeti`c, st`-sj`gic! r`!rejs ecf

rbshriti`c fru!s, sur!bry#

$blbm`cb, tblb"isi`c, tmbrey, trecslects,

trecs`rteti`cLL, tris, tuiti`c (ucfbr sbhiel

hirhujstechbs)#

Jesbht`jy, "isi`c h`rrbhti`c sur!bry#

Qbi!mt-l`ss r`!rejL, wmbblhmeir, wmirl``l detms (in

`rfbrbf dy e f`ht`r), wi! ecf C-rey#

%n y`u"b ucfbr!`cb e wbi!mt l`ss r`!rej entbr ec ecelysis

h`cfuhtbf dy e f`ht`r, tmbc bxbcsbs eif n`r tmet is tex

fbfuhtidlb#

46


25/35


$recs`rteti`c hmer!bs n`r jbfihel rbes`cs, jbels dù!mt

et e m`sitel, bth erb els` tex fbfuhtidlb#

_eif li$b icsurechb prbjiujs erb te

fbfuhti!lb

%csurechb `lihibs tmet r`"ifb ich`jb furic!

ucbjl`yjbct is tex fbfuhtidlb#

%csurechb `lihibs n`r l`ss `n linb, lijd, si!mt, nuchti`c, bth#

Kuerectbbf j`cby rbhbi"bf es ert `n tmb h`jbcseti`c

nr`j ec icsurechb `lihy n`r sihgcbss `r icury is tex

fbfuhtidlb#

1bfihel icsurechb h`"bre!b ichlufbf ic e her icsurechb

`lihy n`r ell tmb b`lb icurbf ic `r dy tmb icsurbf her#

Obeltm `r l`c!-tbrj herb icsurechb in tmb rbjiujs wbrb

eif witm tex-nrbb fistriduti`cs nr`j e rbtirbjbct lec

jefb firbhtly t` tmb icsurechb r`"ifbr witmùt yùr

42


26/35


ictbrhbssi`c ecf tmbsb eyjbcts wùlf me"b `tmbrwisb

dbbc ichlufbf ic yùr ich`jb#

%n yù erb sbln-bjl`ybf ecf ey n`r e mbeltm icsurechb tmet

ichlufbs yù, yùr sùsb ecf fbbcfbcts es tmb

dbcbnihiery, tmbc tmb bctirb suj eif n`r it is tex fbfuhtidlb

es c`c-itbjiDbf fbfuhti`c#

,e fbfuhti!lb bpbcsbs `$ erjbf $`rhbs

pbrs`ccbl

/if t` Nejilibs witm 8bbcfbct ;milfrbc (/N8;)

/f`ti`c bxbcsb rbijdursbjbcts n`r uelinyic! bxbcsbs

8eje!bs n`r mysihel icury (`tmbr tmec uciti"b)

8betm eyjbcts

8i"ifbcfs `n linb icsurechb

Qblnerb dbcbnits (ichlufic! $/GN) ecf n``f stejs

4>


27/35


'ulbjbctel 'bhurity %ch`jb (''%)

/hhifbct ecf`r mbeltm %csurechb dbcbnits

Q`rgbr@s ;`jbcseti`c (ecf NB;/ eyjbcts)

8isedility .bcbnits `r 8isedility 3bcsi`c eyjbcts

;milf 'u`rt

;`jbcset`ry (dut c`t uciti"b) feje!bs ewerfbf ic h`urt

n`r mysihel icury `r mysihel sihgcbss

Kints, .bubsts, ecf %cmbritechbs u t` e hbrteic "elub

8belbrjecunehturbr hesm rbdetbs

1bels ecf l`f!ic! wmbc rbuirbf dy y`ur `d

I`c!-tbrj ;erb %csurechb eyjbcts

_uelinibf shm`lersmis ecf !rects

41


28/35


;rbfit herf rbwerfs ecf `icts (c`chesm riDbs dbl`w *>??

`r ettehmbf t` sbcfic! medits)

Nrbubct nlybr jilbs

_uelinibf hechblbf j`rt!e!b fbdt

Jbtbrecs@ .bcbnits

1bfihel 'e"ic!s /hh`uct witmfrewels

Iinb icsurechb dbcbnits

/hhblbretbf fbetm dbcbnits

&bijdursbjbcts n`r tmbnt `r hesuelty l`ss

8isestbr rblibn !rects

9 t` *5?5,?? `n n`rbi!c bercbf ich`jb

'ihgcbss ecf %cury 3eyjbcts

4=


29/35


Nbfbrel ich`jb tex rbnucfs

%ctbrbst `c tex-nrbb sbhuritibs

%ctbrbst `c BB% d`cfs rbfbbjbf n`r uelinibf mi!mbr

bfuheti`c bxbcsbs

3eyjbcts t` tmb dbcbnihiery `n e fbhbesbf bjl`ybb

&bl`heti`c eyjbcts `r eyjbcts ic libu `n w`rgbrs

h`jbcseti`c

&bctel ell`wechb `n hlbr!yjec

'`hiel sbhurity dbcbnits (in it is yùr `cly sùrhb `n ich`jb)

$bj`rery /ssistechb n`r Gbbfy Nejilibs ($/GN)

9cin`rj ell`wechbs n`r fbnbcsb brs`ccbl

.esih /ll`wechb n`r Oùsic! t` tmb jbjdbrs `n tmb erjbf

n`rhbs

49


30/35


.esih /ll`wechb n`r 'udsistbchb

1`"ic! bxbcsbs

$bj`rery l`f!ic!

$re"bl bxbcsbs wmbc `c lbe"b dbtwbbc h`csbhuti"b

`"brsbes tùrs `n futy

/ccuel rùcf tri n`r stufbct fbbcfbcts

8bbcfbct-herb essistechb r`!rej eyjbcts

8isedility eyjbcts

1bfihel ecf fbctel herb

8bnbcsb hùcsblic!

Krù-tbrj linb icsurechb rbjiujs

'ur"i"`r 3r`tbhti`c 3lec rbjiujs

8?


31/35


&0$; ell`wechbs

Nejily 'bereti`c /ll`wechb

;`jdet D`cb ey

_lua#Ic my!rif ecf blbhtrih hers tmet erb

bliai!lb $`r tmb /`t`r 7bmihlb ,e Hrbfit

!esbf `c tmb yber `$ tmb vbmihlbs<

e# /13 K;B ecf 1IB Blbhtrih Jbmihlb

d# /Durb 8ycejihs $recsit ;`ccbht Blbhtrih Jbmihlb

h# .1Q i 'bfec ecf i 'bfec witm &ec!br Bxtbcfbr, i+

'bfec

f# .`ulfbr Blbhtrih 8bli"bry Jec 8J-2??, Blbhtrih 'muttlb

8J2??, Blbhtrih Nlet .bf 8J-2??, Blbhtrih 'br"ihb .`fy

8J-2??

b# .8 1`t`rs b> Blbhtrih Jbmihlb

n# ;mryslbr Niet 2??b!# ;08/ 'bfec (Blbhtrih Jbmihlb jecunehturbf dy ;08/

/ut`j`ti"b %ch#)

m# BJ%-18 (1bfiuj 8uty) Blbhtrih truhg, BJ%-Q% (Qelg-%c)

Blbhtrih truhg

85


32/35


i# B1; 1`fbl B> 3essbc!br Qe!`c, 1`fbl B>t 3ihg-9

truhg, ecf 1`fbl B>" 9tility Jec

# Nisgbr Eerje 'bfec

g# N`rf N`hus Blbhtrih, N`rf ;-1/C Bcbr!i, N`rf Nusi`c

Bcbr!i

l# K1 ;mb"r`lbt J`lt, ;mb"r l̀bt 'erg BJ, ;efilleh BI&

j#O`cfe /hh`rf 3lu!-%c Oydrif

c# 1brhbfbs-.bcD sjert ;`ub;edrì BJ, .-;less BJ`# 1itsudismi i-1iBJ (Blbhtrih Jbmihlb)

# Gissec Iben

# 3`rshmb :5+ 'yfbr, 3ecejbre ' B Oydrif, ;eycbb ' B-

Oydrif

r# 'jert N`rtw` Blbhtrih 8ri"b Jbmihlb

s# $bsle &`efstbr, $bsle 1`fbl ' Jbmihlb

t# $micg ;ity BJ (Blbhtrih Jbmihlb)

u# $`y`te 3rius 3lu!-ic Blbhtrih 8ri"b Jbmihlb, $`y`te &/J6

BJ

"# J%/ 42?? Bxtbcfbf &ec!b Blbhtrih 3essbc!br Jec ecf

Blbhtrih ;er!` Jec, 52?? Bxtbcfbf &ec!b Blbhtrih $ruhg6Q8 ecf 4Q8 (/ll d`fy stylbs)

w#Qmbb!` IiNb Blbhtrih Jbmihlb

x# Ubcitm Blbhtrih Jec

84


33/35


Hers tmet %ueli$y $`r tmb Eltbrcetivb /`t`r

7bmihlb ,e Hrbfit

e# 1brhbfbs-.bcD 4?54 N-;bll

d# O`cfe 4?54 N;C ;lerity Nubl ;bll Jbmihlb

h# O`cfe 4?55 N;C ;lerity Nubl ;bll Jbmihlb

f# O`cfe 4?5? N;C ;lerity Nubl ;bll Jbmihlb

b# O`cfe 4??: N;C ;lerity Nubl ;bll Jbmihlb

n# O`cfe 4??+ N;C ;lerity Nubl ;bll Jbmihlb

Arbbc 9cbray 9%uipjbcts :ueli$yica $`r tmb

Tbsifbctiel 9cbray 9$$ihibct _r`pbrty Hrbfite# Kb`tmbrjel mbet ujs

d# '`ler wetbr mbetbrs

h# ' l̀er ecbls

f# 'jell wicf turdicbs (u t` *6,???)

b# Nubl hblls (u t` *2?? n`r behm ?#2 gil`wett `wbr

heehity) (rijery rbsifbchb `cly)

3`! ecf 3`! .uctica H`sts ,met Erb ,e

4bfuhti!lb

88


34/35


e# Bjl`yjbct ecf `utlehbjbct e!bchy hmer!bs

d# Bjl`ybr eys y`u dehg

h# Bjl`ybr eys tmb bjl`yjbct e!bchy

f# 1`"ic! Bxbcsbs

b# &bsujT

n# $re"bl ecf trecs`rteti`c h`sts

.`jb 8$$ihb ecf .`jb usicbss ,e rbegs

e# Kbcbrel tex fbfuhtidlb m`jb bxbcsbs ichlufbH

d# &bel bstetb texbs

h# _uelinibf j`rt!e!b icsurechb rbjiujs

f# 8bfuhtidlb j`rt!e!b ictbrbst

b# ;esuelty l`ssbs

n# O`jb dusicbss fbfuhtì csH

!# 8brbhieti`c

m# %csurechb

i# &bct

# &beirsg# 'bhurity systbj

l# 9tilitibs ecf sbr"ihbs

86


35/35

@eg îbw Lew Arùp (@^LA) is e lbefica lew nirj ic tmb RX. It is

fbfihetbf t` rbfuhb nicechiel strbss `n its hlibcts, pr`tbht riamts ecf

prìfb h`csujbr bfuheti`c.

!ell" (#$$)%&'$%@^LA

mttp"www.`la.h`j

@eg îbw Lew Arùp E_H

*++ l !ejic` -bel X //&, L`s ?lt`s, !? *$//, Rcitbf Xtetbs
http://www.ovlg.com/http://www.ovlg.com/

155 essential tax deductibles you must use in 2016

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