Publication 501

A form published by the IRS explaining the standard deduction, various tax exemptions and other information on filing taxes.

References in periodicals archive ?

IRS Publication 501, Exemptions, Standard Deduction, and Filing Information, advises, "If you and your spouse decide to file a joint return, your tax may be lower than your combined tax for the other filing statuses.

Marriage equality: taxes, death, and everything in between

The IRS has provided guidelines in Publication 501 to help taxpayers determine dependency deductions.

Claiming dependents comes with some qualifying questions

See IRS Publication 501 (2011), Exemptions, Standard Deduction, and Filing Information for details.

The sandwich squeeze: your boomer clients are likely stretched to their financial limit by children and older relatives

Tallying up a student's total support can be time consuming, as you will need to look over IRS Publication 501 and its accompanying 26-line worksheet that is used to determine total support for dependency purposes.

The 2009 Kiddie Tax May Affect a Student's College Savings

152-4(e), the IRS stated in Publication 501, Exemptions, Standard Deduction, and Filing Information, that a noncustodial parent could attach to his or her tax return certain pages of a divorce decree that conformed to the substance of Form 8332, Release/Revocation of Release of Claim to Exemption for Child by Custodial Parent, to serve as the written declaration required by Sec.