Surgent's Selected Issues in Preparation of 1040 Individual Income Tax Returns
Available Anytime
Location:
Online
10Credits
Technical Business
Registration is Open
FICPA Members
Nonmembers
$265.00 Regular Price
Product Code: SU24-SIPI-SSDL
Level: Basic
Vendor: Surgent
Field of Study: Taxes
Overview:
This course provides new staff accountants, data processing employees, para-professionals, and bookkeepers a study into some of the more complicated issues they may face in tax return preparation. Updated for impacts of recent legislation, including the SECURE Act 2.0, the Inflation Reduction Act, CARES Act, Consolidated Appropriations Act of 2021 (CAA 2021), ARPA, TCJA, and SECURE Act.Objectives:
- Have an overview of passive activity rules
- Complete a comprehensive Form 1040
- Learn about IRA contributions and self-employed retirement plans
- Complete a comprehensive problem related to computation of an individual’s federal income-tax liability, with filled-in forms
Major Topics:
- Business income and expenses
- IRAs, qualified retirement plans, and Social Security benefits
- Depreciation and recapture
- Rental income and expenses, income via Schedule K-1, and loss limitations
- Alternative Minimum Tax
- Casualty losses, moving expenses, sale of home, alimony, and penalties
Designed For:
New staff, rusty or those returning to the profession, who desire to prepare individual returnsPrerequisite:
NoneAdditional Info:
You will receive an email from info@surgent.com with instructions on how to log onto your course shortly. If you do not receive the email within the hour, please check your spam filter.
For technical support, registration questions or other customer service-related inquiries, please call (800) 778-7436 or email info@surgent.com. Phones are staffed from 8:30 a.m. to 5:00 p.m. Eastern Time, Monday through Thursday, and 8:30 a.m. to 4:00 p.m. Eastern Time on Friday.