US Income Taxes - Income Tax Preparation Simplified for You
4.0 /5- Offered byUDEMY
US Income Taxes - Income Tax Preparation Simplified for You at UDEMY Overview
Duration | 3 hours |
Total fee | ₹649 |
Mode of learning | Online |
Credential | Certificate |
US Income Taxes - Income Tax Preparation Simplified for You at UDEMY Highlights
- Earn a Certificate of completion from Udemy
- Learn from 28 downloadable resources
- Get full lifetime access of the course material
- Comes with 30 days money back guarantee
US Income Taxes - Income Tax Preparation Simplified for You at UDEMY Course details
- For Taxpayers with combined gross income of under $100,000
- For First time filers
- For College students who worked part time during the year
- Understand basic federal income tax laws and how it applies to your own your own personal or household situation
- Prepare and file your own basic federal and state income tax return
- E-file your federal and state income tax return safely and securely for free
- Be in control of your income tax liability and refunds
- Plan for your own personal income taxes in the future
- Discover, learn and apply the federal credits and deductions that are available to you as a taxpayer and your dependents
- Gain and extend your knowledge of basic income taxes as a tool for your personal financial planning
- The course is delivered in simple, no-nonsense and straightforward terms to take the intimidation factor away from dealing with "taxes" and promote an engaging learning environment
- The course walks you through how to prepare a basic 1040 from the beginning to the end
- At the end of the course, you will understand how to calculate for your gross income subject to tax, adjusted gross income, the correct type of deduction to take: standard vs. itemized, the number of exemptions to claim, the credits that you may qualify for, your taxable income, tax liability, tax refund or tax due
US Income Taxes - Income Tax Preparation Simplified for You at UDEMY Curriculum
Filing Basics
Am I required to file a tax return?
Which Form should I use?
What is my filing status?
Exemptions
What are personal exemptions?
What are dependency exemptions?
Income Items and related calculations
How do I calculate the taxable income & liability?
What income items are taxable and nontaxable?
Salaries, Dividends, Interest & common sources of income
Business Income
Capital Gains and Losses
Retirement Income
Schedule E - Rental Income
Is unemployment compensation taxable?
Do I have to pay taxes on my social security income?
I just won the lotto! Do I have to pay taxes?
Adjustment to Income/ Adjusted Gross Income
Do I receive a tax break for paying alimony?
Types of Deductions
Do I qualify for standard deduction?
What expenses can I itemize?
My Tax and Credits
What is my tax liability?
Can I receive credit for child care expenses?
Wow! My Udemy online courses may quality towards education credits.
Can I receive $1,000 per qualifying child for child tax credit?
More Credits?
Other Taxes
Other Taxes
Payments and Refundable Credits
Payments
Earned Income Credit
Bottom Line
Refund or Tax Due
State Income Tax & E-file for FREE
US Income Taxes - Income Tax Preparation Simplified for You at UDEMY Faculty details
US Income Taxes - Income Tax Preparation Simplified for You at UDEMY Entry Requirements
- Prerequisite: Ability to add, subtract, divide & multiply
- Analytical skills
- Patience in learning something new
- Not mentioned
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US Income Taxes - Income Tax Preparation Simplified for You at UDEMY Students Ratings & Reviews
1 Rating- 3-41
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