Individual Income Tax Form 1040 Comprehensive Problem
- Offered byUDEMY
Individual Income Tax Form 1040 Comprehensive Problem at UDEMY Overview
Duration | 8 hours |
Total fee | ₹649 |
Mode of learning | Online |
Credential | Certificate |
Individual Income Tax Form 1040 Comprehensive Problem at UDEMY Highlights
- Earn a certificate of completion from Udemy
- Learn from 5 downloadable resources
- Get full lifetime access of the course material
- Comes with 30 days money back guarantee
Individual Income Tax Form 1040 Comprehensive Problem at UDEMY Course details
- For Tax Professionals
- For Tax Students
- For Individual Taxpayers
- How to complete at tax return
- How to calculate taxes using a tax formula
- How to use tax software to help complete a complex return
- How to use an Excel tax worksheet to check work
- We will construct a complex tax return in a step by step format, beginning with a basic return & building complexity as we move forward
- The course will demonstrate the data input within 2020 income tax forms as well as the use of an Excel worksheet to check the numbers and demonstrate the use of tax software
- Using tax software & an Excel worksheet, formatted as the income tax equation, are common, and best practices for many tax professionals, practices that greatly increase understanding and accuracy
- The materials for the course will include example tax forms after many of the steps in the practice problem
Individual Income Tax Form 1040 Comprehensive Problem at UDEMY Curriculum
Income Section
310 practice problem 1 part 1 Introduction Organizing Documents
315 Practice Problem 1 Part 2 Data Input Form W-2
320 Practice Problem 1 Part 3 Data Input Form W-2 Tax Formula ? Excel Worksheet
325 Practice Problem 1 Part 4 Data Input Form 1099-DIV & Form 1099-INT
330 Practice Problem 1 Part 5 Data Input Form 1099-DIV & Form 1099-INT Tax Formu
335 Part 6 Data Input Form 1099-B Proceeds From Broker & Exchange Transactions
340 Practice Problem 1 Part 6 Data Input Form 1099-B Proceeds From Broker & Exch
345 Practice Problem 1 Part 7 Data Input State Refund, Unemployment, & Winnings
350 Practice Problem 1 Part 8 Data Input State Refund, Unemployment, & Winnings
Comprehensive Problem Part 2
410 Practice Problem 1 Presentation 8 Adjustments to Income Student Loan Interes
412 Practice Problem 1 Presentation 9 Adjustments to Income Student Loan Interes
415 Practice Problem 1 Presentation 10 Adjustments to Income Charitable Contribu
417 Practice Problem 1 Presentation 11 Adjustments to Income Charitable Contribu
420 Practice Problem 1 Presentation 12 Adjustments to Income IRA Deduction
422 Practice Problem 1 Presentation 13 Adjustments to Income IRA Deduction Tax F
425 Practice Problem 1 Presentation 14 Adjustments to Income Alimony Paid
427 Practice Problem 1 Presentation 15 Adjustments to Income Alimony Paid Tax Fo
432 Practice Problem 1 Presentation 17 Adjustments to Income Educator Expenses T
Comprehensive Problem Part 3
510 Practice Problem 1 Presentation 18 Itemized Deductions Medical & Dental Expe
515 Practice Problem 1 Presentation 19 Itemized Deductions Medical & Dental Expe
520 Practice Problem 1 Presentation 20 Itemized Deductions Taxes You Pay
522 Practice Problem 1 Presentation 21 Itemized Deductions Taxes You Pay Tax For
525 Practice Problem 1 Presentation 22 Itemized Deductions Interest you Pay
527 Practice Problem 1 Presentation 23 Itemized Deductions Interest you Pay Tax
530 Practice Problem 1 Presentation 24 Gifts to Charity
532 Practice Problem 1 Presentation 25 Gifts to Charity Tax Formula - Excel
535 Practice Problem 1 Presentation 26 Other Itemized Deductions ? Gamboling Los
537 Practice Problem 1 Presentation 27 Other Itemized Deductions ? Gamboling Los
Comprehensive Problem Part 4
610 Practice Problem 1 #28 Sch. C Business Setup Business Worksheet
615 Practice Problem 1 #19 Sch C Business Mark Accounts That May Need Adjustment
620 Practice Problem 1 #30 Sch C Business Enter Into Tax Return & Record Open It
621 Practice Problem 1 #31 Sch C Business Format Worksheet for Tax Adjustments
630 Practice Problem 1 #32 Sch C Business Auto Expense
635 Practice Problem 1 #33 Sch C Business Business Use of Home Office
645 Practice Problem 1 #35 Sch C Business Business Retirement Plan & Health Insu
650 Practice Problem 1 #36 Sch C Business Review Impact of Sch. C Business Incom
655 Practice Problem 1 #37 Sch C Business Estimated Tax Payments
Comprehensive Problem Part 5
710 Practice Problem 1 #38 Child Tax Credit & Other Dependents Tax Credit
712 Practice Problem 1 #39 Child Tax Credit & Other Dependents Tax Credit Tax Fo
715 Practice Problem 1 #40 Education Credit
717 Practice Problem 1 #41 Education Credit Tax Formula - Excel
720 Practice Problem 1 #42 Child & Dependent Care Credit
722 Practice Problem 1 #43 Child & Dependent Care Credit Tax Formula - Excel
725 Practice Problem 1 #44 Residential Entergy Credit
727 Practice Problem 1 #45 Residential Energy Credit Tax Formula - Excel
Comprehensive Problem Part 6
805 Practice Problem 1 #45 Rental Property Sch E Setup Worksheet
810 Practice Problem 1 #46 Rental Property Sch E Depreciation
815 Practice Problem 1 #47 Rental Property Sch E Data Input
820 Practice Problem 1 #48 Rental Property Sch E Data Input Tax Formula - Excel
825 Practice Problem 1 #49 Diagnostic State & Local Tax (SALT) Deduction Limitat