CHAPTER 8 Investing

  1. Penalty on Early Withdrawal of Savings
  2. Loss on Bank Deposits
  3. Capital Losses
  4. Capital Gains and Qualified Dividends
  5. Worthless Securities
  6. Loss on Section 1244 Stock
  7. Margin Interest and Other Investment-Related Borrowing
  8. Safe-Deposit Box Rental Fee
  9. Subscriptions to Investment Newsletters and Online Services
  10. Home Computer Used for Investments
  11. Fees for Financial Advice
  12. Amortization of Bond Premium
  13. Municipal Bonds
  14. Savings Bonds
  15. Gain on the Sale of Small Business Stock
  16. Gain on Empowerment Zone Assets
  17. Foreign Taxes on Investments
  18. Exercise of Incentive Stock Options
  19. Losses from Investment Ponzi Schemes


Putting money aside for that proverbial rainy day is an admirable and necessary goal but it can be a difficult proposition, especially in tough economic times when your paycheck doesn't seem to stretch far enough. Still, savings and investing are essential to your financial well-being, and the tax laws can help you to make the most of your efforts. It also provides tax breaks if your investments don't work out.

This chapter deals with tax breaks for so-called taxable accounts and other investments that are not held in tax-favored retirement accounts. The tax breaks for IRAs and qualified retirement ...

Get J.K. Lasser's 1001 Deductions and Tax Breaks 2015: Your Complete Guide to Everything Deductible now with the O’Reilly learning platform.

O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.