Table of Contents

• Publication 3991 - Introductory Material
  • Introduction
• Tax Changes for Individuals
  • 2001 Changes
    • New 5-Year Carryback Rule for Net Operating Losses (NOLs)
    • Wash Sale Rules Do Not Apply to Section 1256 Contracts
    • Other 2001 Changes
  • 2002 Changes
    • Deduction for Educator Expenses
    • Personal Credits Still Allowed Against Alternative Minimum Tax
  • Later Change
    • Child and Dependent Care Expenses
• Tax Changes for Businesses
  • 2001 Changes
    • New 5-Year Carryback Rule for Net Operating Losses (NOLs)
    • Electronic Form 1099
    • Tax Incentives for New York Liberty Zone
    • Other 2001 Changes
  • 2002 Changes
    • Nonaccrual-Experience Method
    • Issuance of Qualified Zone Academy Bonds
    • Depletion
    • Work Opportunity Credit Expanded in New York Liberty Zone
    • Credit For Pension Plan Startup Costs
    • Welfare-to-Work Credit Extended
    • Work Opportunity Credit Extended
    • Electric and Clean-Fuel Vehicles
    • Renewable Electricity Production Credit
  • Later Changes
    • Special Depreciation Allowance
    • Extension of Placed in Service Date
    • Special Liberty Zone Depreciation Allowance for New and Used Property
    • Depreciation of Property Used on Indian Reservations
    • Indian Employment Credit Extended
• IRAs and Other Retirement Plans
  • 2002 Changes
    • Simplified Employee Pensions (SEPs)
    • 403(b) Plans
  • Later Change
    • Deemed IRAs
• Car Expenses
  • Introduction
  • Depreciation of Car
    • Special Depreciation Allowance
    • Depreciation Limit
  • Amended Return
  • Election Not To Claim Special Allowance
• Depreciation
  • Introduction
  • Special Depreciation Allowance
    • Qualified Property
    • Election Not To Claim the Allowance
    • Rules for Returns Filed Before June 1, 2002
    • Passenger Automobiles
  • New York Liberty Zone Benefits
    • Special Liberty Zone Depreciation Allowance
    • Increased Section 179 Deduction
    • Liberty Zone Leasehold Improvement Property
• How To Get Tax Help
• Index