Tax Preparation Course eBook

$395.06

CE Credits: 10 Federal Tax Law, 3 Federal Tax Updates, 2 Regulatory Ethics

Our 2025 Tax Preparation Course is designed to give you the knowledge needed to fulfill IRS requirements and give you a basic understanding of tax law and practice to ensure you serve your clients with the highest quality. This study material has been organized to give line-by-line instructions for Form 1040.

In this beginner tax preparer course, you will learn…

How to prepare a federal individual tax return
Filing status
Which form to use
The importance of safeguarding the taxpayer’s documents
When to use Form 4868.
The different e-filing options.
How to complete Schedule 2 of Form 1040.
How a nonrefundable credit affects the taxpayer’s tax liability.
Which deductions are limited to the 7.5% floor.

Description

This basic course gives an overview of Form 1040. Topics include filing status, standard and itemized deduction, income, which form to use, what credits the taxpayer qualifies for and how to determine a qualifying dependent for the taxpayer. Other topics covered are capital gains and losses, adjustments to income and much more.

Objectives

At the end of this course, the student will be able to do the following:

Understand the importance of safeguarding the taxpayer’s documents
Realize when to use Form 4868.
Understand the different e-filing options.
Understand how to complete Schedule 2 of the Form 1040.
Explain how a nonrefundable credit affects the taxpayer’s tax liability.
Explain which deductions are limited to the 7.5% floor.

Field of Study:Federal Tax Law — 10 hours; Behavioral Ethics — 2 hours; Tax Updates — 3 hours

Course Level: Basic

Prerequisite: None

Delivery Method: Self-Study

Expiration Date to earn CEs: June 30, 2026.