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Information about Publication 551, Basis of Assets, including recent updates and related forms. Publication 551 discusses basis, the amount of your investment in property. It discusses cost basis, adjusted basis, and basis other than cost.

Publication 551, Basis of Assets, discusses basis, the amount of your investment in property for tax purposes. It discusses cost basis, adjusted basis and basis other than cost.

Topic No. 551 Standard Deduction

Information about Publication 544, Sales and Other Dispositions of Assets, including recent updates and related forms. Publication 544 explains the tax rules that apply when you dispose of property. It discusses how to figure gain (loss), whether it is ordinary or capital, how to treat the gain or loss, and how to report gains and losses.

Publication 587 explains how to figure and claim the deduction for business use of your home. It includes special rules for daycare providers. This publication explains how to figure and claim the deduction for business use of your home. It includes special rules for daycare providers.

Public pronouncements that have only immediate or short-term value specific to retirement plans.

Three changes have been made to the 2023 Instructions for Schedule C (Form 1040). These changes pertain to the standard mileage multiplier, Form 1040-SS filers, and references to Publication 535, which has been retired.

Information about Form 8828, Recapture of Federal Mortgage Subsidy, including recent updates, related forms, and instructions on how to file. Form 8828 is used by homeowners with federal mortgage subsidies to report the recapture tax on the subsidy if they sold or otherwise disposed of the home.

Information about Form 6252, Installment Sale Income, including recent updates, related forms and instructions on how to file. Use Form 6252 to report income from an installment sale on the installment method.

Information about Form 6198, At-Risk Limitations, including recent updates, related forms and instructions on how to file. Form 6198 is used by individuals, estates, trusts, and certain corporations to figure the profit (loss) from an at-risk activity, the amount at risk, and the deductible amount of the loss.