Tax Tips

Ask JK

Most Popular

Ask JK

Advanced

Is income averaging still available? 24.8k 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

Featured Books

JK Lasser's New Rules for Estate, Retirement, and Tax Planning, 6th Edition

Stewart H. Welch, III, J. Winston Busby

$24.95

Learn more

View all books Next Book

Tax Glossary

Involuntary conversion

Forced disposition of property due to condemnation, theft, or casualty. Tax on gain from involuntary conversions may be deferred if replacement property is purchased.

More terms Next Term