Course curriculum

  • 1

    Chapter One

    • The Basics of Tax Preparation
  • 2

    Chapter Two

    • Compensation

    • Dividends

    • Interest Subject to Tax

    • Unemployment and Other Forms of Compensation

    • Special Rules for Certain Types of Employees

    • Passive Income

    • Rental Income

    • Income from Separation & Divorce

    • Social Security & Medicare Tax

    • Pensions and Annuities
  • 3

    Chapter Three

    • Exclusions

    • Deductions for Adjusted Gross Income

    • IRA'S ( Individual Retirement Arrangements)

    • ABLE ACT (Achieving a Better Life Experience)

    • CESA (Coverdell Education Savings Accounts)

    • Health Savings Account Deductions

    • Other Deductions

    • Other Forms of Employee Compensation
  • 4

    Chapter Four

    • Standard Deductions

    • Itemized Deductions

    • Medical Expenses

    • Deduction of Taxes

    • Interest

    • Contributions

    • Losses From Casualties and Thefts

    • Miscellaneous Deductions
  • 5

    Chapter Five

    • Tax Credits

    • Earned Income Tax Credit (EITC)

    • Child and Dependent Care Credit

    • Child Tax Credit

    • Student Loan Interest Deduction

    • American Opportunity Tax Credit (AOTC)

    • Lifetime Learning Credit

    • Adoption Credit

    • Credit for the Elderly or the Disabled

    • Retirement Savings Contribution Credit

    • Affordable Care Act

    • Exploring Other Tax Credits
  • 6

    Chapter Six

    • Capital Gains and Loss, Sale of Personal Residence, Alternative Minimum Tax

    • Capital Gains and Losses

    • Sale of Personal Residences

    • Alternative Minimum Tax
  • 7

    Chapter Seven

    • Qualified Business Income Deduction

    • Sole Proprietors

    • Profit or Loss From Business

    • Self-Employment Tax

    • Household Employment - Schedule H

    • Rents and Royalties

    • Depreciation

    • Section 179 Election

    • Capitalization and Repairs
  • 8

    Chapter Eight

    • Important Resources

    • Tax Forms

    • Filing Dates

    • Calculation and Payment of Taxes Owed

    • IRS E-File

    • Enforced Collection Actions

    • Installment Agreements

    • Extensions

    • Amended Returns

    • Form W-4 - Employee's Withholding Certificate

    • Form W-2 - Wage and Tax Statements

    • Form W-3 - Transmittal of Wage and Tax Statements

    • Types of Form 1099

    • Follow-Up Courses