Taxpreparation Course
Tags: Tax Preparation
Become a confident tax preparer by learning about taxes and applications over practical examples and scenarios.
Last updated 2022-01-10 | 4
- Learn the filing basics- Learn the various filing status types
- Learn who can claim personal exemptions
What you'll learn
* Requirements
* This is a comprehensive course. Therefore* no prior knowledge is needed.
* The materials referenced in this course can be found in the beginning lecture. Online. For free.
Description
- Learn the filing basics
- Learn the various filing status types
- Learn who can claim personal exemptions
- Learn who can claim dependency exemptions
- Learn how to report income from wages, salaries, tips, and interest
- Learn how to report business income
- Learn how to report capital gains and losses
- Learn how to report retirement income
- Learn how to report income from Social Security Benefits
- Learn how to make adjustments to income
- Learn how to calculate adjusted gross income
- Learn who can claim standard deduction
- Learn who should take itemized deductions
- Learn how to claim credit for child and dependent care expenses
- Learn how to claim education credits
- Learn how to claim American Opportunity Credit
- Learn how to claim Lifetime Learning Credit
- Learn how to claim Child Tax Credit
- Learn how to claim other miscellaneous credits
- Learn how to report Other Taxes
- Learn how to report Payments
- Learn how to claim the Earned Income Credit (EIC)
- Learn about the Refund options and the Amount the taxpayer owe
Course content
12 sections • 33 lectures
How to Get Ready for the Course Preview 01:43
Advice on how to successfully complete the course.
Introduction - Presentation Only Preview 05:44
Introduction to the basics of tax law.
Tax Terms, Concepts, Doctrines, etc. Preview 06:49
Tax law terms, concepts, definitions, and doctrines.
Filing Basics - Lecture Preview 09:52
Who is required to file a return? Who should file a return? This lecture will answer those questions.
Filing Basics - Scenarios and Examples Preview 03:57
Determine who is required to file a tax return through practical application.
Filing Status - Lecture Preview 03:18
What is your filing status? It is easy to determine - just push play.
Filing Status - Scenarios and Examples Preview 10:09
Determine the filing status in these scenarios.
Personal Exemptions - Lecture Preview 02:49
What are personal exemptions? Who can claim them? Let's answer these questions.
Dependency Exemptions - Lecture Preview 05:16
What are dependency exemptions? Who qualifies for a dependency exemption? This lecture answers all of these questions.
Exemptions - Scenarios and Examples Preview 07:52
Apply everything you learned about exemptions through these scenarios.
Income - Wages, Salaries, Interest (Lecture) Preview 07:03
Which income items should be included? What amount should be included?W here do we find the amounts? Push play.
Income - Wages, Salaries, Interest (Scenarios and Examples) Preview 01:58
Apply everything you learned about the basic income items through these scenarios.
Business Income - Lecture Preview 05:19
What happens to business income when it comes to taxation?
Business Income - Scenarios and Examples Preview 02:13
Apply everything you learned about business income through these scenarios.
Income - Capital Gains and Losses (Lecture) Preview 08:13
Learn the tax treatment of capital gains and losses.
Income - Capital Gains and Losses (Scenarios and Examples) Preview 04:47
Apply everything you learned about capital gains and losses through these scenarios.
Retirement Income - Lecture Preview 02:30
Is my retirement income taxable? Learn how to treat retirement income for tax purposes.
Social Security Benefits - Lecture Preview 02:08
Are my social security benefits taxable? They might be. Push play and see.
Social Security Benefits - Scenarios and Examples Preview 01:56
Apply everything you learned about social security benefits through these scenarios.
Adjusted Gross Income - Lecture Preview 04:07
This lecture will explain the adjustments to income and how to apply them.
Adjusted Gross Income - Scenarios and Examples Preview 04:09
Apply everything you learned about adjusted gross income through these scenarios.
Standard Deduction - Lecture Preview 05:09
Learn more about the standard deduction and additional standard deduction.
Standard Deduction - Scenarios and Examples Preview 02:46
Apply everything you learned about standard deduction through these scenarios.
Itemized Deductions - Lecture Preview 04:11
Should I itemize? How do I use the itemized deductions? This is the lecture where you will learn everything about itemized deductions.
Credit for Child and Dependent Care Expenses Preview 02:58
Do I qualify for the credit for child and dependent care expenses? Learn in this lecture.
Education Credits Preview 03:41
This lecture explains the criteria for the American Opportunity Credit and the Lifetime Learning Credit. See if you qualify.
Child Tax Credit Preview 03:06
Learn if you qualify for the child tax credit.
Miscellaneous Credits Preview 01:26
Learn about the retirement savings contributions credit.
Other Taxes Preview 03:27
Learn what the items in the section "Other taxes" mean and why they are important.
Payments Preview 01:29
Learn what the items in the section "Payments" mean and why they are important.
Earned Income Credit Preview 03:07
Find out whether you qualify for the earned income credit and the criteria to determine the amount of the earned income credit.
Affordable Care Act Preview 07:41
Learn how to treat the affordable care act for tax purposes.
Refund and/or Amount of Tax Owed Preview 02:29
What happens to your refund? What if you have to pay additional tax? What if you cannot pay? Learn in this lecture.
This course includes:
- 2.5 hours on-demand video
- Access on mobile and TV
- Certificate of completion
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