Tax Tips

Ask JK

Advanced

Is income averaging still available? 24.7k views
Where do I report income from my corporation on Form 1040? 12.2k views
I paid a convenience fee when I charged my property taxes. Can I deduct this fee? 7.5k views
I sold some municipal bonds at a loss. Can I deduct the loss? 7.1k views

advertisement

Featured Books

J.K. Lasser's Guide to Self-Employment: Taxes, Strategies, and Money-Saving Tips for Schedule C Filers

Barbara Weltman

$17.95

buy now

Learn more

View all books Next Book

Tax Glossary

Declining balance method

A rapid depreciation method determined by a constant percentage based on useful life and applied to the adjusted basis of the property.

More terms Next Term