Tax Preparation and Law 2023 2022 2021 2020 2019 2018

Tax Preparation and Law 2023 2022 2021 2020 2019 2018

What you’ll learn

Income Tax Preparation & Law
How to complete at tax return
How to calculate taxes using a tax formula
Describe what dependents are any why they are important
Explain the concept of filing status and the impact on taxes
List item included and not included in gross income
Describe and list deduction for AGI or above the line deductions
Explain and list itemized deductions and how they relate to the standard deduction
Explain the tax calculation using a progressive tax system
Describe credits including the child tax credit, earned income credit, and education credits

Requirements

None

Description

We are in the process of updating this course for 2022-2023. Current students will have access to the updates. We are very grateful for all the feedback and support we have received for this course from colleagues and learners. Income tax preparation and understanding for the years 2023, 2022, 2021, 2020, 2019, & 2018 including presentations, downloadable PDF files, practice problems, & and comprehensive problems with step by step instructions, answer keys, and materials. The course will introduce the concept of income tax, tax law, and how it is formatted. We will provide practical examples at every step along the way, giving learners visuals of how the system works, and practice problems to apply the concepts.  The course will walk through the steps of filling out a tax form. The tax forms can be thought of as a kind of income statement or a tax formula. We will break down the formula into its components so that we can digest each small peace at a time. We will discuss the concept of filing status and dependents and how they affect the tax formula. The course will discuss what is included and not included in gross income for taxes. Items included in the gross income calculation may be subject to taxation. Items not included in gross income for taxes will not be subject to tax. We will discuss adjustments for adjusted gross income, often called above the line deductions. The course will cover the primary above the line deductions and provide practical examples of calculations. The course will discuss itemized deduction reported on schedule A. We will discuss the primary itemized deductions and provide practical examples of each. We will discuss the reporting of self-employment taxes using Schedule C and the related issues including self-employment tax (social security and Medicare) and the new 20% deduction many small businesses will be eligible for. The course will discuss the calculation of capital gains using Schedule D. We will provide practical examples of the calculation of capital gains. We will discuss the reporting of rental property using Schedule E and provide examples of reporting rental property. The course will discuss various credits including child tax credit, earned income credit, and education credits and provide examples of each. The course will have comprehensive problems allowing learners to work through the process of filling out a full tax return in a step by step process. Learners can use PDF tax forms provided in the course and available at the IRS website. We also work the problem using the accounting equation and provide learners pre-formatted Excel worksheet to follow along with this process.

Overview

Section 1: 2022-2023 – Introduction

Lecture 1 1010 Why & How To Learn Tax Law

Lecture 2 1020 Methods & Tools for Learning Tax Law

Lecture 3 1030 Tax Software Options

Lecture 4 1040 Free Tax Tools

Lecture 5 1050 Tax Types or Categories

Lecture 6 1070 Marginal & Average Tax Rates

Lecture 7 1080 Marginal & Average Tax Rates Example

Lecture 8 1090 Income Tax Formula

Lecture 9 1100 Income Tax Formula Example

Lecture 10 1110 Tax Law & Tax Authority

Lecture 11 1120 Circular 230 Regulations Governing Practice Before IRS

Lecture 12 1130 Affordable Care Act – What you Need to Know

Section 2: 2022-2023 – What’s New & Filing Requirements

Lecture 13 1135 What’s New

Lecture 14 1145 Do You Have To File

Lecture 15 1155 When and Where

Section 3: 2022 – 2023 – Excel Worksheet – Tax Formula

Lecture 16 1500 Create a Tax Formulate Worksheet Using Excel Part 1

Lecture 17 1505 Create a Tax Formulate Worksheet Using Excel Part 2

Lecture 18 1510 Create a Tax Formulate Worksheet Using Excel Part 3

Lecture 19 1515 Create a Tax Formulate Worksheet Using Excel Part 4

Section 4: 2022 – 2023 Filing Status

Lecture 20 2010 Filing Status

Lecture 21 2020 Filing Status Definitions

Lecture 22 2025 Filing Status Example

Lecture 23 2030 Name and Address

Lecture 24 2040 Social Security Number (SSN)

Lecture 25 2042 Digital Assets & Presidential Election Campaign Fund

Section 5: 2022 – 2023 Standard Deduction

Lecture 26 2050 Standard Deduction

Lecture 27 2055 Standard Deduction Example

Section 6: 2022 – 2023 Dependents

Lecture 28 2060 Who Qualifies as Your Dependent Introduction

Lecture 29 2070 Who Qualifies as Your Dependent Questionnaire

Lecture 30 2080 Who Qualifies as Your Dependent Example

Section 7: 2022 – 2023 Gross Income

Lecture 31 3005 Income Reporting Forms, Concepts, & Overview

Lecture 32 3010 Taxable Income Overview

Lecture 33 3080 Income Line 1 Including W-2 Wages & Tip Income

Lecture 34 3100 W-2 Income Example

Lecture 35 3120 Interest Income

Lecture 36 3140 Interest Income Example

Lecture 37 3160 Dividend Income

Lecture 38 3180 Dividend Income Example

Lecture 39 3200 IRA Distributions

Lecture 40 3205 IRA Distributions Example

Lecture 41 3240 Pensions & Annuities

Lecture 42 3244 Pensions & Annuities Example

Lecture 43 3260 Social Security Benefits

Lecture 44 3262 Social Security Benefits Example

Lecture 45 3280 Taxable Refunds, Credits, or Offsets of State and Local Income Taxes

Lecture 46 3282 Taxable Refund, Credits, or Offset os State and Local Taxes

Lecture 47 3300 Alimony Received2717138.autosave

Lecture 48 3302 Alimony Received Example

Lecture 49 3320 Business Income or Loss & Other Gains or (Losses)

Lecture 50 3322 Business Income or Loss & Other Gains or (Losses) Example

Lecture 51 3340 Unemployment Compensation

Lecture 52 3342 Unemployment Compensation Example

Lecture 53 3350 Other Income Part 1

Lecture 54 3352 Other Income Part 1 Example

Lecture 55 3354 Other Income Part 2

Lecture 56 3356 Other Income Part 2 Example

Lecture 57 3360 Capital Gain or (Loss)

Lecture 58 3362 Capital Gain or (Loss) Example

Section 8: 2022 – 2023 Adjustments to Income Sch. 1

Lecture 59 4010 Educator Expenses

Lecture 60 4012 Educator Expenses Example

Lecture 61 4030 Certain Business Expenses of Reservists, Performing Artists, and . . .

Lecture 62 4032 Certain Business Expenses of Reservists, Performing Artists, Example

Lecture 63 4050 Moving Expenses, Deductible Part of Self-Employment Tax, & Self-Employed SE

Lecture 64 4052 HSA, Moving Expenses, Deductible Part of Self-Employment Tax, &. . .

Lecture 65 4070 Self-Employed Health Insurance Deduction

Lecture 66 4072 Self-Employed Health Insurance Example

Lecture 67 4090 Penalty on Early Withdrawal of Savings and Alimony Paid

Lecture 68 4092 Penalty on Early Withdrawal of Savings and Alimony Paid Example

Lecture 69 4105 IRA Deduction Questioner

Lecture 70 4107 IRA Deduction Example

Lecture 71 4120 Student Loan Interest Deduction

Lecture 72 4122 Student Loan Interest Deduction Expense

Lecture 73 4140 Archer MSA Deduction

Lecture 74 4150 Jury Duty Pay

Lecture 75 4155 Jury Duty Pay Example

Section 9: 2022 – 2023 Itemized Deductions

Lecture 76 5010 Itemized Deductions Overview

Lecture 77 5030 Medical and Dental Expenses

Lecture 78 5042 Medical and Dental Expenses Example

Lecture 79 5045 Itemized Deductions – Taxes You Paid Part 2527100d.autosave

Lecture 80 5070 Itemized Deductions – Interest You Paidf1e2ab.autosave

Lecture 81 5092 Itemized Deductions – Interest You Paid Example

Lecture 82 5140 Itemized Deductions – Gifts to Charity

Lecture 83 5240 Itemized Deductions – Other Itemized Deductions

Section 10: 2022 – 2023 Self Employed Business Income Schedule C

Lecture 84 6020 Sch. C Impact on Tax Return Software

Lecture 85 6040 Are You Self-Employed

Lecture 86 6060 Business Owned & Operated by Spouses

Lecture 87 6080 Self-Employed – What You Need to Know

Lecture 88 6100 Sch. C What’s New for 2022

Lecture 89 6120 Sch. C Identification Numbers

Lecture 90 6130 Small Business – How to Pay Income Tax

Lecture 91 6160 Employment Taxes

Lecture 92 6180 Excise Taxes

Lecture 93 6200 Information Return

Lecture 94 6220 Accounting Periods and Methods Introduction

Lecture 95 6382 Dispositions of Business Property Example

Lecture 96 6420 Business Income Part 1

Lecture 97 6425 Business Income Part 2

Lecture 98 6490 How To Figure Cost of Goods Sold

Lecture 99 6532 Business Expenses Car and Truck Expenses Example

Lecture 100 6534 Depreciation Overview

Section 11: Tax Year 2021 – 2022 Introduction

Lecture 101 1010 Why and How To Learn Tax Law

Lecture 102 1020 Method of Learning Tax Law

Lecture 103 1030 Lacerte Tax Software

Lecture 104 1040 Free Tax Tools

Lecture 105 1050 Tax Types or Categories

Lecture 106 1060 Government Authority to Tax

Lecture 107 1070 Marginal and Average Tax Rates

Lecture 108 1080 Marginal and Average Tax Rates

Lecture 109 1090 Income Tax Formula

Lecture 110 1100 Income Tax Formula Software

Lecture 111 1120 Circular 230 Regulations Governing Practice Before IRS

Section 12: What’s New & Filing Requirements 2021-2022

Lecture 112 1135 What’s New Part 1

Lecture 113 1140 What’s New Part 2

Lecture 114 1145 Filing Requirements

Lecture 115 1150 When and Where Should You File.

Lecture 116 1155 What Form to File – Fiscal Year and Write-in Information

Section 13: Excel Worksheet – Tax Formula 2022

Lecture 117 1500 Create a Tax Formula Worksheet Using Excel

Lecture 118 1505 Create a Tax Formula Worksheet Using Excel Part 2

Lecture 119 1510 Create a Tax Formula Worksheet Using Excel Part 3

Lecture 120 1515 Create a Tax Formula Worksheet Using Excel Part 4

Section 14: Filing Status 2021-2022

Lecture 121 2010 Filing Status Part 1

Lecture 122 2020 Filing Status Part 2

Lecture 123 2030 Filing Status Part 3

Lecture 124 2040 Filing Status Tax Software

Section 15: Standard Deduction 2021-2022

Lecture 125 2050 Standard Deduction New

Lecture 126 2055 Standard Deduction

Section 16: Dependents 2021-2022

Lecture 127 2060 Who Qualifies as Your Dependent

Lecture 128 2062 Who Qualifies as Your Dependent Part 2

Lecture 129 2070 Who Qualifies as Your Dependent Part 3 Questionnaire

Lecture 130 2080 Who Qualifies as Your Dependent

Section 17: Gross Income 2021-2022

Lecture 131 3010 Tax Income – Overview, PPP Loans, Foreign-Source Income, Bankruptcy Cases

Lecture 132 3040 Income Reporting Forms

Lecture 133 3080 Wages, Salaries, Tips, Etc

Lecture 134 3100 W-2 Income Tax Software

Lecture 135 3120 Interest Income

Lecture 136 3140 Interest Income

Lecture 137 3160 Dividend Income5c73965.autosave

Lecture 138 3180 Dividend Income

Lecture 139 3200 IRA Distributions

Lecture 140 3205 IRA Distributions Tax Software

Lecture 141 3240 Pensions and Annuities

Lecture 142 3244 Pensions and Annuities

Lecture 143 3260 Social Security Benefits

Lecture 144 3262 Social Security Benefits Software Example

Lecture 145 3280 Taxable Refunds, Credits, or Offsets of State and Local Income Taxes

Lecture 146 3282 Taxable Refunds, Credits, or Offsets of State and Local Income Taxes

Lecture 147 3300 Alimony Received

Lecture 148 3302 Alimony Received Tax Software

Lecture 149 3320 Business Income or Loss and Other Gains or (Losses)590fc.autosave

Lecture 150 3322 Business Income or Loss and Other Gains or Losses Tax Software

Lecture 151 3340 Unemployment Compensation

Lecture 152 3342 Unemployment Compensation Software

Lecture 153 3360 Capital Gain or (Loss)

Lecture 154 3362 Capital Gain or (Loss) Software

Lecture 155 3380 Other Income Part 1

Lecture 156 3382 Other Income Part 1 Software

Lecture 157 3390 Other Income Part 2

Lecture 158 3392 Other Income Part 2

Section 18: Adjustments to Income Sch. 1 – 2021 – 2022

Lecture 159 4010 Educator Expenses

Lecture 160 4012 Educator Expenses Software

Lecture 161 4030 Certain Business Expenses of Reservists

Lecture 162 4032 Certain Business Expenses of Reservists, Performing Artists, and Fee-Basis

Lecture 163 4050 HSA Deduction, Moving Expenses, Deductible Part of Self-Employment Tax

Lecture 164 4052 HSA Deduction, Moving Expenses, Deductible Part of Self-Employment Tax. . .

Lecture 165 4070 Self-Employed Health Insurance Deduction

Lecture 166 4072 Self-Employed Health Insurance Deduction

Lecture 167 4090 Penalty on Early Withdrawal of Savings and Alimony Paid

Lecture 168 4092 Penalty on Early Withdrawal of Savings and Alimony Paid Software

Lecture 169 4100 IRA Deduction

Lecture 170 4120 Student Loan Interest Deduction

Lecture 171 4122 Student Loan Interest Deduction

Lecture 172 4140 Archer MSA Deduction & Jury Duty Pay

Lecture 173 4142 Archer MSA Deduction and Jury Duty Pay Software

Section 19: Itemized Deductions 2021- 2022

Lecture 174 5010 Itemized Deductions Overview

Lecture 175 5012 Itemized Deductions Overview Software

Lecture 176 5030 Medical and Dental Expenses Part 1

Lecture 177 5035 Medical and Dental Expenses Part 2

Lecture 178 5042 Medical and Dental Expenses Software

Lecture 179 5044 Taxes You Paid

Lecture 180 5045 Taxes You Paid Part 2

Lecture 181 5050 Taxes You Paid Part 3

Lecture 182 5052 Taxes You Paid Software

Lecture 183 5070 Interest You Paid Part 1

Lecture 184 5075 Interest You Paid Part 2

Lecture 185 5080 Interest You Paid Part 3

Lecture 186 5085 Interest You Paid Part 4

Lecture 187 5092 Interest You Paid Software

Lecture 188 5140 Gifts to Charity Part 1

Lecture 189 5145 Gifts to Charity Part 2

Lecture 190 5150 Gifts to Charity Part 3

Lecture 191 5155 Gifts to Charity Part 4

Lecture 192 5162 Gifts to Charity Part 4 Software

Lecture 193 5200 Casualty and Theft Losses

Lecture 194 5240 Other Itemized Deductions

Lecture 195 5242 Other Itemized Deductions Software

Section 20: Self Employed Business Income Schedule C 2021 – 2022

Lecture 196 6020 Sch. C Impact on Tax Return Software

Lecture 197 6040 Are You Self-Employed

Lecture 198 6060 Business Owned and Operated by Spouses

Lecture 199 6062 Business Owned and Operated by Spouses Software

Lecture 200 6080 Self-Employed – What You Need to Know

Lecture 201 6100 Sch. C What’s New for 2021

Lecture 202 6120 Sch. C Identification Numbers

Lecture 203 6140 Self-Employment (SE) Tax

Lecture 204 6142 Self-Employment SE Tax Software

Lecture 205 6160 Employment Taxes

Lecture 206 6162 Employment Taxes Software

Lecture 207 6180 Excise Taxes

Lecture 208 6200 Information Returns

Lecture 209 6220 Accounting Periods and Methods

Lecture 210 6240 Accounting Methods

Lecture 211 6260 Cash Method

Lecture 212 6280 Accrual Method

Lecture 213 6300 Combination Method

Lecture 214 6340 Inventories

Lecture 215 6360 Change in Accounting Method

Lecture 216 6380 Dispositions of Business Property

Lecture 217 6382 Dispositions of Business Property Software

Lecture 218 6400 Business Credits

Lecture 219 6420 Business Income Part 1

Lecture 220 6440 Business Income Part 2

Lecture 221 6450 Business Income Part 3

Lecture 222 6460 Business Income Part 4

Lecture 223 6465 Business Income Part 5

Lecture 224 6470 Business Income Part 6

Lecture 225 6480 Business Income Part 7

Lecture 226 6485 Business Income Part 8

Lecture 227 6490 How To Figure Cost of Goods Sold

Lecture 228 6495 Figuring Gross Profit

Lecture 229 6500 Testing Gross Profit Accuracy

Lecture 230 6520 Business Expenses

Lecture 231 6525 Business Expenses Bad Debts

Lecture 232 6530 Business Expenses Car and Truck Expenses

Lecture 233 6532 Business Expense Car and Truck Expenses Software

Lecture 234 6535 Business Expenses Employees’ Pay

Lecture 235 6550 Business Expenses Insurance

Lecture 236 6552 Business Expenses Insurance Software

Lecture 237 6560 Business Expenses Interest

Lecture 238 6570 Business Expenses Legal and Professional Fees

Lecture 239 6580 Business Expenses Pension Plans

Lecture 240 6582 Business Expenses Pension Plans Software

Lecture 241 6590 Rent Expense

Lecture 242 6600 Taxes

Lecture 243 6602 Business Expenses Tax Software

Lecture 244 6610 Travel and Meals

Lecture 245 6620 Business Use of Your Home

Lecture 246 6622 Business Use of Your Home

Lecture 247 6630 De Minimis Safe Harbor for Tangible Property

Lecture 248 6650 Figuring Net Profit or Loss

Lecture 249 6652 Figuring Net Profit or Loss Software

Lecture 250 6660 Self-Employment (SE) Tax

Lecture 251 6670 Reporting Self-Employment Tax

Lecture 252 6672 Reporting Self-Employment Tax Software22ccd0.autosave

Section 21: Tax & Payments Lines on Form 1040

Lecture 253 7020 Tax Line 16 Part 1

Lecture 254 7240 Tax Line 16 Part 2

Lecture 255 7250 Tax Line 16 Software

Lecture 256 7260 Payments

Lecture 257 7262 Payments Software

Section 22: Credits – 2021 2022

Lecture 258 8020 Credits for Qualifying Children and Other Dependents Overview

Lecture 259 8020 Credits for Qualifying Children and Other Dependents Overview Part 2

Lecture 260 8025 Credits for Qualifying Children and Other Dependents Overview Part 3

Lecture 261 8030 Child Tax Credit Dependent Qualifications

Lecture 262 8040 Part I-A — Child Tax Credit and Credit for Other Dependents (All Filers)

Lecture 263 8060 CTC – Part I – B Filers Who Check a Box on Line 13 (RCTC – ODC)

Lecture 264 8080 CTC – part I-C – Filers Who Do Not Check a Box on Line 13 (NCTC-ACTC-ODC)

Lecture 265 8100 CTC – Parts II-A, II-B, and II-C—Filers Who Do Not Check a Box on Line 13 (

Lecture 266 8120 CTC Excel Worksheet

Lecture 267 8125 CTC Excel Software

Lecture 268 8220 Earned Income Tax Credit (EIC) Overview

Lecture 269 8240 EIC No Qualifying Children

Lecture 270 8245 EIC One Qualifying Child

Lecture 271 8250 EIC Two Qualifying Children

Lecture 272 8255 EIC Three Qualifying Children

Lecture 273 8520 Child & Dependent Care Expenses Credit

Lecture 274 8530 Child & Dependent Care Expenses Credit Definitions

Lecture 275 8550 Child & Dependent Care Expenses Credit Who Can Take the Credit or Exclude D

Lecture 276 8560 Child and Dependent Care Expenses Credit Line Instructions Part 1

Lecture 277 8570 Childand Dependent Care Expenses Credit Line Instructions Part 2

Lecture 278 8580 Child and Dependent Care Expenses Credit Line Instructions Part 3

Lecture 279 8590 Child and Dependent Care Expenses Credit Line Instructions Part 4

Lecture 280 8610 Child and Dependent Care Expenses Not Married Software

Lecture 281 8620 Child and Dependent Care Expenses (MFJ) Software

Lecture 282 8710 Education Credits Overview

Lecture 283 8730 American Opportunity Credit

Lecture 284 8750 Lifetime Learning Credit

Lecture 285 8770 Education Credits Adjusted Qualified Education Expenses

Lecture 286 8790 Education Credits- Specific Instructions Part 1

Lecture 287 8810 Specific Instructions Part 2

Lecture 288 8830 Special Instruction Part 3

Lecture 289 8835 American Opportunity Credit Software

Lecture 290 8850 Lifetime Learning Credit Software

Lecture 291 8905 Recovery Rebate Credit Overview

Lecture 292 8915 Recovery Rebate Credit Software

Section 23: Rental Real Property 2021-2022

Lecture 293 9010 Residential Rental Property What’s New

Lecture 294 9020 Residential Rental Property Introduction

Lecture 295 9030 Residential Rental Property Rental Income and Expenses (If No Personal Use

Lecture 296 9035 Residential Rental Property Rental Income and Expenses (If No Personal Use

Lecture 297 9040 Residential Rental Property Rental Income and Expenses (If No Personal Use

Lecture 298 9042 Residential Rental Property Rental Income and Expenses (If No Personal Use

Lecture 299 9060 Depreciation of Rental Property Part 1

Lecture 300 9070 Depreciation of Rental Property Part 2

Lecture 301 9080 Depreciation of Rental Property Part 3

Lecture 302 9090 Depreciation of Rental Property Part 4

Lecture 303 9100 Depreciation of Rental Property Part 5

Lecture 304 9110 Depreciation of Rental Property Part 6

Lecture 305 9115 Depreciation of Rental Property Software

Lecture 306 9150 Reporting Rental Income, Expenses, and Losses Part 1

Lecture 307 9150 Reporting Rental Income, Expenses, and Losses Part 2

Lecture 308 9150 Reporting Rental Income, Expenses, and Losses Part 3

Lecture 309 9155 Reporting Rental Income, Expenses, and Losses

Lecture 310 9200 Rental Property – Special Situations Part 1

Lecture 311 9210 Rental Property – Special Situations Part 2

Lecture 312 9215 Rental Property Special Situations Software (1)

Lecture 313 9305 Personal Use of Dwelling Unit (Including Vacation Home) Part 1

Lecture 314 9305 Personal Use of Dwelling Unit (Including Vacation Home) Part 2

Lecture 315 9310 Personal Use of Dwelling Unit (Including Vacation Home) Software

Section 24: Tax Year 2020 2021 Introduction

Lecture 316 Introduction

Lecture 317 .01 Why & How To Learn Tax Law

Lecture 318 .03 Method of Learning Tax Law

Lecture 319 .04 Lacerte Tax Software

Lecture 320 .05 Free Tax Tools

Lecture 321 .06 Tax Types or Categories

Lecture 322 .07 Why Can the Government Tax Me

Section 25: Tax Formula, Terms, & Introduction to Form 1040 – 2020

Lecture 323 106 Marginal & Average Tax Rates

Lecture 324 107 Tax Software Example Marginal & Average Tax Rates

Lecture 325 116 Income Tax Formula

Lecture 326 120 Tax Software Example Income Tax Formula

Lecture 327 140 Tax Law & Authority

Lecture 328 144 Circular 230 Regulations Governing Practice Before IRS

Section 26: Filing Status and Dependents 2020

Lecture 329 205 Filing Status

Lecture 330 207 Tax Software Example Filing Status

Lecture 331 210 Dependents Overview

Lecture 332 211 Dependents Questionnaire

Lecture 333 214 Tax Software Example Dependents

Lecture 334 217 Standard Deduction

Lecture 335 220 Tax Software Example Standard Deduction

Lecture 336 224 Penalties & Interest

Section 27: Gross Income 2020

Lecture 337 302 Income

Lecture 338 304 Income Reporting Forms

Lecture 339 306 Income Recognition Concepts

Lecture 340 308 W-2 Income

Lecture 341 309 Tax Software Example W-2 Income

Lecture 342 310 Interest Income

Lecture 343 314 Tax Software Example Interest Income

Lecture 344 316 Dividend Income

Lecture 345 318 Tax Software Example Dividend Income

Lecture 346 320 Income Social Security Benefits

Lecture 347 324 Social Security Business

Lecture 348 330 Refund From State Income Tax

Lecture 349 332 Refund From State Income Tax

Lecture 350 335 Part 6 Data Input Form 1099-B Proceeds From Broker & Exchange Transactions

Lecture 351 340 Capital Gains

Lecture 352 342 Tax Software Example Capital Gains

Lecture 353 380 Other Kinds Of Income

Lecture 354 382 Tax Software Example Other Kinds Of Income

Lecture 355 385 Excluded From Gross Income Fringe Benefits

Section 28: Comprehensive Problem Part 1

Lecture 356 310 Practice Problem 1 Part 1 Introduction Organizing Documents

Lecture 357 315 Practice Problem 1 Part 2 Data Input Form W-2

Lecture 358 320 Practice Problem 1 Part 3 Data Input Form W-2 Tax Formula – Excel Worksheet

Lecture 359 325 Practice Problem 1 Part 4 Data Input Form 1099-DIV & Form 1099-INT

Lecture 360 330 Practice Problem 1 Part 5 Data Input Form 1099-DIV & Form 1099-INT Tax Formu

Lecture 361 335 Part 6 Data Input Form 1099-B Proceeds From Broker & Exchange Transactions

Lecture 362 340 Practice Problem 1 Part 6 Data Input Form 1099-B Proceeds From Broker & Exch

Lecture 363 345 Practice Problem 1 Part 7 Data Input State Refund, Unemployment, & Winnings

Lecture 364 350 Practice Problem 1 Part 8 Data Input State Refund, Unemployment, & Winnings

Section 29: Adjustments to Income 2020

Lecture 365 405 Adjustments to Income

Lecture 366 408 Adjustments to Income Student Loan Interest

Lecture 367 409 Adjustments to Income Student Loan Interest

Lecture 368 415 Charitable Contributions if you Take the Standard Deduction

Lecture 369 417 Charitable Contributions if you Take the Standard Deduction

Lecture 370 420 Adjustments to Income Half of Self-Employment Tax

Lecture 371 422 Adjustments to Income Half of Self-Employment Tax

Lecture 372 425 Self-Employed SEP, Simple, & qualified plans

Lecture 373 427 Self-Employed SEP, Simple, & qualified plans

Lecture 374 430 Adjustments to Income IRA Deduction

Lecture 375 432 Adjustments to Income IRA Deduction

Lecture 376 435 Adjustments to Income Self-Employed Health Insurance Deduction

Lecture 377 437 Adjustments to Income Self-Employed Health Insurance Deduction

Lecture 378 440 Adjustments to Income Alimony Paid

Lecture 379 442 Adjustments to Income Alimony Paid

Lecture 380 475 Certain Business Expenses of Reservists, Performing Artists, and Fee-Based G

Lecture 381 477 Certain Business Expenses of Reservists, Performing Artists, and Fee-Based G

Lecture 382 480 Other Adjustments to Income

Lecture 383 482 Tax Software Example Other Adjustments to Income

Lecture 384 485 Health Savings Accounts (HSA)

Lecture 385 487 Health Savings Accounts HSA

Section 30: Comprehensive Problem Part 2

Lecture 386 410 Practice Problem 1 Presentation 8 Adjustments to Income Student Loan Interes

Lecture 387 412 Practice Problem 1 Presentation 9 Adjustments to Income Student Loan Interes

Lecture 388 415 Practice Problem 1 Presentation 10 Adjustments to Income Charitable Contribu

Lecture 389 417 Practice Problem 1 Presentation 11 Adjustments to Income Charitable Contribu

Lecture 390 420 Practice Problem 1 Presentation 12 Adjustments to Income IRA Deduction

Lecture 391 422 Practice Problem 1 Presentation 13 Adjustments to Income IRA Deduction Tax F

Lecture 392 425 Practice Problem 1 Presentation 14 Adjustments to Income Alimony Paid

Lecture 393 427 Practice Problem 1 Presentation 15 Adjustments to Income Alimony Paid Tax Fo

Lecture 394 430 Practice Problem 1 Presentation 16 Adjustments to Income Educator Expenses

Lecture 395 432 Practice Problem 1 Presentation 17 Adjustments to Income Educator Expenses T

Section 31: Itemized Deductions 2020

Lecture 396 502 Itemized Deduction Schedule A Overview

Lecture 397 547 Itemized Deduction Schedule A Overview

Lecture 398 550 Itemized Deductions Medical & Dental Expenses

Lecture 399 552 Itemized Deductions Medical & Dental Expenses

Lecture 400 555 Itemized Deductions Taxes You Pay

Lecture 401 557 Itemized Deductions Taxes You Pay

Lecture 402 560 Itemized Deductions Interest You Paid

Lecture 403 562 Itemized Deductions Interest You Paid

Lecture 404 565 Itemized Deductions Gifts to Charity

Lecture 405 Year-end reminder Expanded tax benefits help individuals and businesses give to

Lecture 406 567 Tax Software Example Itemized Deductions Gifts to Charity

Lecture 407 575 Itemized Deductions Casualty & Theft Losses

Lecture 408 582 Other Itemized Deductions

Section 32: Comprehensive Problem Part 3

Lecture 409 510 Practice Problem 1 Presentation 18 Itemized Deductions Medical & Dental Expe

Lecture 410 515 Practice Problem 1 Presentation 19 Itemized Deductions Medical & Dental Expe

Lecture 411 520 Practice Problem 1 Presentation 20 Itemized Deductions Taxes You Pay

Lecture 412 522 Practice Problem 1 Presentation 21 Itemized Deductions Taxes You Pay Tax For

Lecture 413 525 Practice Problem 1 Presentation 22 Itemized Deductions Interest you Pay

Lecture 414 527 Practice Problem 1 Presentation 23 Itemized Deductions Interest you Pay Tax

Lecture 415 530 Practice Problem 1 Presentation 24 Gifts to Charity

Lecture 416 532 Practice Problem 1 Presentation 25 Gifts to Charity Tax Formula – Excel

Lecture 417 535 Practice Problem 1 Presentation 26 Other Itemized Deductions – Gamboling Los

Lecture 418 537 Practice Problem 1 Presentation 27 Other Itemized Deductions – Gamboling Los

Section 33: Self Employed Business Income Schedule C 2020

Lecture 419 605 Self Employed Schedule C Introduction

Lecture 420 607 Self Employed Schedule C Introduction

Lecture 421 610 Sch. C Are You Self Employed

Lecture 422 615 Sch. C Identification Numbers

Lecture 423 617 Sch. C Estimated Payment

Lecture 424 619 Sch. C Self-Employment (SE) Tax

Lecture 425 620 Self-Employment (SE) Tax

Lecture 426 621 Sch. C Accounting Methods

Lecture 427 624 Sch. C Inventories

Lecture 428 625 Tax Software Example Sch. C Inventories

Lecture 429 627 Sch. C Business Income

Lecture 430 630 Sch. C Cost of Goods Sold

Lecture 431 632 Business Expenses Introduction

Lecture 432 634 Sch. C Bad Debt Expense

Lecture 433 637 Sch C Car & Truck Expenses

Lecture 434 640 Software Example Car & Truck Expenses

Lecture 435 643 Sch. C Depreciation

Lecture 436 645 Sch. C Depreciation

Lecture 437 650 Sch. C Employees’ Pay Expenses

Lecture 438 652 Software Example Sch. C Employees’ Pay Expenses

Lecture 439 653 Sch. C Insurance Expense

Lecture 440 654 Software Example Sch. C Insurance Expense

Lecture 441 655 Sch. C Interest Expenses

Lecture 442 660 Sch. C Legal & Professional Expenses

Lecture 443 665 Sch. C SEP, SIMPLE, & Qualified Plans

Lecture 444 670 Sch. C Taxes Expenses

Lecture 445 673 Sch. C Taxes Expenses

Lecture 446 675 Sch. C Travel & Meals

Lecture 447 680 Sch. C Other Expense you can Deduct

Lecture 448 685 Sch. C Business Use of Your Home

Lecture 449 686 Sch. C Business Use of Your Home

Section 34: Comprehensive Problem Part 4

Lecture 450 610 Practice Problem 1 #28 Sch. C Business Setup Business Worksheet

Lecture 451 615 Practice Problem 1 #19 Sch C Business Mark Accounts That May Need Adjustment

Lecture 452 620 Practice Problem 1 #30 Sch C Business Enter Into Tax Return & Record Open It

Lecture 453 621 Practice Problem 1 #31 Sch C Business Format Worksheet for Tax Adjustments

Lecture 454 630 Practice Problem 1 #32 Sch C Business Auto Expense

Lecture 455 635 Practice Problem 1 #33 Sch C Business Business Use of Home Office

Lecture 456 645 Practice Problem 1 #35 Sch C Business Business Retirement Plan & Health Insu

Lecture 457 650 Practice Problem 1 #36 Sch C Business Review Impact of Sch. C Business Incom

Lecture 458 655 Practice Problem 1 #37 Sch C Business Estimated Tax Payments

Section 35: Credits 2020

Lecture 459 905 Child & Dependent Care Tax Credits

Lecture 460 907 Child & Dependent Care Tax Credits Questionnaire

Lecture 461 910 Child & Other Dependent Tax Credits

Lecture 462 915 Earned Income Tax Credit

Lecture 463 917 Earned Income Tax Credit Questionnaire

Lecture 464 925 Education Credits

Lecture 465 928 Tax Software Example Education Credits

Lecture 466 935 Savor’s Credit – Retirement Savings Contributions Credit

Lecture 467 937 Software Example – Savor’s Credit – Retirement Savings Contributions Credit

Lecture 468 940 Recovery Rebate Credit

Lecture 469 945 Dependent Care Credit

Lecture 470 947 Claim the Child and Dependent Care Credit Questionnaire

Lecture 471 949 Software Example Child and Dependent Care Credit

Lecture 472 955 Residential Energy Property Credit

Lecture 473 958 Tax Software Example Residential Energy Property Credit

Lecture 474 965 Premium Tax Credit (PTC)

Lecture 475 967 Tax Software Example Premium Tax Credit (PTC)

Section 36: Comprehensive Problem Part 5

Lecture 476 710 Practice Problem 1 #38 Child Tax Credit & Other Dependents Tax Credit

Lecture 477 712 Practice Problem 1 #39 Child Tax Credit & Other Dependents Tax Credit Tax Fo

Lecture 478 715 Practice Problem 1 #40 Education Credit

Lecture 479 717 Practice Problem 1 #41 Education Credit Tax Formula – Excel

Lecture 480 720 Practice Problem 1 #42 Child & Dependent Care Credit

Lecture 481 722 Practice Problem 1 #43 Child & Dependent Care Credit Tax Formula – Excel

Lecture 482 725 Practice Problem 1 #44 Residential Entergy Credit

Lecture 483 727 Practice Problem 1 #45 Residential Energy Credit Tax Formula – Excel

Section 37: Rental Property Sch. E 2020

Lecture 484 805 Residential Rental Property Introduction

Lecture 485 807 Software Example Residential Rental Property Introduction

Lecture 486 815 Rental Property Passive Activity Limits

Lecture 487 817 Software Example Rental Property Passive Activity Limits

Lecture 488 825 Exception for Rental Real Estate With Active Participation

Lecture 489 827 Software Example – Exception for Rental Real Estate With Active Participatio

Lecture 490 835 Renting Part of Property

Lecture 491 837 Software Example Renting Part of Property

Lecture 492 845 Personal Use of Dwelling Unit – Including Vacation Home

Section 38: Comprehensive Problem Part 6

Lecture 493 805 Practice Problem 1 #45 Rental Property Sch E Setup Worksheet

Lecture 494 807 Software Example Residential Rental Property Introduction

Lecture 495 815 Rental Property Passive Activity Limits

Lecture 496 817 Software Example Rental Property Passive Activity Limits

Lecture 497 825 Exception for Rental Real Estate With Active Participation

Lecture 498 827 Software Example – Exception for Rental Real Estate With Active Participatio

Lecture 499 835 Renting Part of Property

Lecture 500 837 Software Example Renting Part of Property

Lecture 501 845 Personal Use of Dwelling Unit – Including Vacation Home

Section 39: Section 2019

Lecture 502 Overview

Lecture 503 Tax Worksheet to Download

Section 40: Introduction 2020 2019

Lecture 504 .01 Why & How To Learn Tax Law

Lecture 505 .03 How to Learn Tax Law

Lecture 506 .04 Lacerte Tax Software

Lecture 507 .05 Free Tax Tool

Lecture 508 .06 Tax Theory

Lecture 509 .07 Why Can The Government Tax Me

Lecture 510 1.1 Tax Preparation Problem 1.1 Data Entry

Lecture 511 1.1 Tax Preparation Problem 1.1 Excel Verification Worksheet

Section 41: Big Changes In The Prior Year 2019

Lecture 512 Introduction

Lecture 513 .10 Change In Form 1040

Lecture 514 .12 Eliminate Personal & Depended Exception

Lecture 515 .14 Increase In Standard Deduction

Lecture 516 .16 Decrease In Federal Income Tax Brackets

Lecture 517 .18 Child Tax Credit Increase

Lecture 518 .20 Limit On State & Local Tax Deduction

Lecture 519 .22 20% Pass-Through Tax Deduction

Lecture 520 .24 New Tax Credit For Other Dependents

Lecture 521 .26 Limitation On Home Mortgage Interest Deduction

Lecture 522 .28 Elimination of 2% Misc. Deduction & Casualty & Theft Losses

Lecture 523 .30 Increase Alternative Minimum Tax (AMT) Exemption

Section 42: Tax Formula, Terms, & Introduction to Form 1040 – 2020 2019

Lecture 524 106 Marginal & Average Tax Rates

Lecture 525 107 Software Tax Calculations

Lecture 526 116 Income Tax Formula

Lecture 527 120 Software Income Tax Forms

Lecture 528 140 Tax Law & Authority

Lecture 529 144 Circular 230 Regulations Governing Practice Before IRS

Lecture 530 1.2 Tax Preparation Problem 1.2 Data Entry

Lecture 531 1.2 Tax Preparation Problem 1.2 Excel Verification Worksheet

Section 43: Filing Status and Dependents 2020 2019

Lecture 532 205 Filing Status Federal Income Tax

Lecture 533 207 Tax Software Example Filing Status

Lecture 534 210 Dependents Overview

Lecture 535 211 Dependents Thought Process

Lecture 536 214 Tax Software Dependents

Lecture 537 217 Standard Deduction

Lecture 538 220 Tax Software Standard Deduction

Lecture 539 1.3 Tax Preparation Problem 1.3 Data Entry

Lecture 540 1.3 Tax Preparation Problem 1.3 Excel Verification Worksheet

Section 44: Gross Income 2019

Lecture 541 302 Income

Lecture 542 304 Income Reporting Forms

Lecture 543 306 Income Recognition Concepts

Lecture 544 308 W-2 Income

Lecture 545 309 Tax Software W-2 Income

Lecture 546 310 Interest Income

Lecture 547 314 Tax Software Interest Income

Lecture 548 316 Dividend Income

Lecture 549 318 Tax Software Dividend Income

Lecture 550 320 Income Social Security Benefits

Lecture 551 324 Tax Software Social Security Benefits

Lecture 552 326 Tax Income Other Kinds Of Income

Lecture 553 328 Tax Software Other Kinds Of Income

Lecture 554 330 Tax Income Refund From The State & Local Governments

Lecture 555 332 Tax Software Refund From The State & Local Governments

Lecture 556 340 Excluded From Gross Income Fringe Benefits

Section 45: Practice Tax Problems 2019

Lecture 557 1.4 Tax Preparation Problem 1.4 Data Entry

Lecture 558 1.4 Tax Preparation Problem 1.4 Excel Verification Worksheet

Section 46: Deductions for Adjusted Gross Income (AGI) – Schedule 1 Deductions 2019

Lecture 559 Resources To Download

Lecture 560 405 Adjustments For Adjusted Gross Income Introduction

Lecture 561 408 Adjustments For AGI Student Loan Interest

Lecture 562 409 Tax Software Adjustments For AGI Student Loan Interest

Lecture 563 411 Health Savings Account

Lecture 564 412 Tax Software Health Savings Account

Lecture 565 415 Adjustments For AGI Moving Expenses For Armed Forces

Lecture 566 416 Tax Software Moving Expenses For Armed Forces

Lecture 567 417 Adjustment For AGI Half of Self-Employment Tax

Lecture 568 420 Tax Software Adjustment For AGI Half of Self-Employment Tax

Lecture 569 423 Adjustment For AGI Self-Employed Health Insurance

Lecture 570 426 Tax Software Adjustment For AGI Self-Employed Health Insurance

Lecture 571 430 Adjustment For AGI Alimony Paid

Lecture 572 433 Tax Software Adjustment For AGI Alimony Paid

Lecture 573 436 Adjustment For AGI Educator Expenses

Lecture 574 439 Tax Software Adjustment For AGI Educator Expenses

Section 47: Itemized Deductions 2019

Lecture 575 Resources To Download

Lecture 576 502 Itemized Deduction Schedule A

Lecture 577 503 Tax Software Itemized Deduction Schedule A

Lecture 578 505 Itemized Deduction Medical Expenses

Lecture 579 506 Tax Software Itemized Deduction Medical Expenses

Lecture 580 508 Itemized Deductions State & Local Taxes

Lecture 581 510 Tax Software Itemized Deduction State & Local Taxes

Lecture 582 512 Itemized Deduction Interest

Lecture 583 513 Tax Software Itemized Deduction Interest

Lecture 584 515 Itemized Deductions Gifts to Charity

Lecture 585 516 Tax Software Itemized Deduction Gifts to Charity

Lecture 586 518 Itemized Deductions Casualty & Theft Losses

Lecture 587 521 Itemized Deductions Other Itemized Deductions

Lecture 588 523 Tax Software Itemized Deduction Other Itemized Deductions

Section 48: Self Employed Business Income Schedule C 2019

Lecture 589 605 Self Employed Schedule C Introduction

Lecture 590 607 Tax Software Self Employed Schedule C Introduction

Lecture 591 610 Are You Self Employed

Lecture 592 615 Identification Numbers

Lecture 593 617 How do I Pay Income Tax

Lecture 594 619 Self-Employment (SE) Tax

Lecture 595 620 Tax Software Self-Employment (SE) Tax

Lecture 596 621 Accounting Methods

Lecture 597 624 Inventories

Lecture 598 627 Business Income

Lecture 599 630 Cost of Goods Sold

Lecture 600 634 Bad Debt Expense

Lecture 601 637 Car and Truck Expenses

Section 49: Earned Income Tax Credit 2018

Lecture 602 205 Earned Income Credit (EIC) What is The Earned Income Credit

Lecture 603 207 Earned Income Credit (EIC) To Take The EIC Steps

Lecture 604 210 Earned Income Credit (EIC) Can I claim the Earned Income Credit

Lecture 605 217 Earned Income Credit (EIC) Do I have To Have A Child

Lecture 606 219 Earned Income Credit (EIC) Help From IRS

Lecture 607 220 Earned Income Credit (EIC) What is New

Lecture 608 223 Earned Income Credit (EIC) Rules for Everyone 7 Rules Overview

Lecture 609 226 Earned Income Credit (EIC) Adjusted Gross Income (AGI) Limits

Lecture 610 229 Earned Income Credit (EIC) Must Have Valid Social Security Number

Lecture 611 232 Earned Income Credit (EIC) Filing Status Cannot be Married Filing Sparely MF

Lecture 612 235 Earned Income Credit (EIC) Must Be A US Citizen or Resident Alien All Year

Lecture 613 238 Earned Income Credit (EIC) Cannot File Form 2555 Or Form 2555-EZ

Lecture 614 241 Earned Income Credit (EIC) Investment Income Must Be 3,500 or Less

Lecture 615 245 Earned Income Credit (EIC) Must Have Earned Income

Lecture 616 248 Earned Income Credit (EIC) Rules If You Have A Qualifying Child

Lecture 617 251 Earned Income Credit (EIC) Special Instructions—EIC Worksheets

Lecture 618 252 Earned Income Credit (EIC) Your Child Must Meet the Relationship, Age, Resid

Lecture 619 253 Earned Income Credit (EIC) Relationship Test

Lecture 620 254 Earned Income Credit (EIC) Schedule EIC

Lecture 621 256 Earned Income Credit (EIC) Age Test

Lecture 622 258 Earned Income Credit (EIC) Residency Test

Lecture 623 259 Earned Income Credit (EIC) Joint Return Test

Lecture 624 260 Earned Income Credit (EIC) EIC Eligibility Checklist

Lecture 625 266 Earned Income Credit (EIC) Qualifying Child Cannot Be Used by More Than One

Lecture 626 287 Earned Income Credit (EIC) 2018 Earned Income Credit (EIC) Table

Lecture 627 289 Tax Software Example Earned Income Credit EIC Income Level Tests HOH One Chi

Lecture 628 291 Tax Software Example Earned Income Credit EIC Income Level Tests HOH Two Chi

Lecture 629 292 Tax Software Example Earned Income Credit EIC Income Level Tests HOH Three C

Lecture 630 293 Tax Software Example Earned Income Credit (EIC) Married Divorce Scenarios E

Lecture 631 293 Tax Software Example Earned Income Credit EIC Income Level Tests MFJ

Lecture 632 294 Tax Software Example Earned Income Credit (EIC) Married Divorce Scenarios U

Section 50: Child tax Credit and Other Dependent Tax Credit 2019 2018

Lecture 633 312 Limits on the CTC and ODC

Lecture 634 425 Child Tax Credit What’s New

Lecture 635 430 Child Tax Credit Amount of Credit

Lecture 636 435 Tax Software Child Tax Credit Tax Software Simple Example

Lecture 637 437 Software Example Simple Wage Limits

Lecture 638 440 Child Tax Credit Improper Claims

Lecture 639 445 Child Tax Credit Qualified Child

Lecture 640 450 Tax Software Child Tax Credit Qualified Child

Lecture 641 455 Child Tax Credit How To Claim

Lecture 642 460 Child Tax Credit Additional Child Tax Credit

Lecture 643 462 Tax Software Child Tax Credit Additional Child Tax Credit

Lecture 644 465 Child Tax Credit Worksheet

Lecture 645 480 Child Tax Credit Questioner

Lecture 646 485 Child Tax Credit Adopted Child

Lecture 647 490 Child Tax Credit Adopted Child

Section 51: Child Tax Credit

Lecture 648 492 Child Tax Credit Qualifying child of more than one person

Lecture 649 493 Tax Software Child Tax Credit Married Divorced Even Income

Lecture 650 494 Tax Software Child Tax Credit Married Divorced Uneven Income

Lecture 651 505 Credit for Other Dependents (ODC)

Lecture 652 508 Qualifying Person for Credit for Other Dependents (ODC)

Lecture 653 516 Dependents

Lecture 654 520 Dependent Taxpayer Test

Lecture 655 523 Joint Return Test

Lecture 656 524 Citizen or Resident Test

Lecture 657 526 Qualifying Relative

Lecture 658 529 Not a Qualifying Child Test

Lecture 659 532 Member of Household or Relationship Test

Lecture 660 536 Gross Income Test

Lecture 661 539 Support Test (To Be a Qualifying Relative)

Section 52: Child & Dependent Care Expenses Credit 2019 2018

Lecture 662 705 Can I Claim The Credit

Lecture 663 710 Who is a Qualifying Person

Lecture 664 712 Tax Software Who is a Qualifying Person

Lecture 665 715 You Must Have Earned Income

Lecture 666 717 Tax Software You Must Have Earned Income

Lecture 667 720 Flow Chart Can You Claim The Credit

Lecture 668 723 Are These Work-Related Expenses

Lecture 669 726 Care of Qualifying Person

Lecture 670 729 Household Services

Lecture 671 732 What’s Your Filing Status

Lecture 672 735 Care Provider Identification Test

Lecture 673 738 How To Figure the Credit

Lecture 674 741 Earned Income Limit

Lecture 675 744 Dollar Limit

Lecture 676 749 Reduced Dollar Limit

Lecture 677 752 Amount of Credit

Lecture 678 755 How to Claim the Credit

Lecture 679 758 Household Employees

Lecture 680 760 Tax Software For 2441 Examples

Section 53: Education Credits 2019 2018

Lecture 681 505 What’s New

Lecture 682 508 Reminders

Lecture 683 511 Scholarships, Fellowship Grants, Grants, and Tuition Reductions Introductio

Lecture 684 514 Scholarships and Fellowship Grants

Lecture 685 517 Tax-Free Scholarships and Fellowship Grants

Lecture 686 521 Reporting Scholarships and Fellowship Grants

Lecture 687 525 Other Types of Educational Assistance

Lecture 688 528 Veterans’ Benefits

Lecture 689 532 Qualified Tuition Reduction

Lecture 690 605 Reminders

Lecture 691 608 Introduction

Lecture 692 611 Table-Overview of Credit

Lecture 693 614 Can You Claim the Credit

Lecture 694 617 American Opportunity Credit Who Can’t Claim the Credit

Lecture 695 621 What Expenses Qualify

Lecture 696 624 Table – Can You Claim the Credit

Lecture 697 627 Qualified Education Expense

Lecture 698 631 No Double Benefit Allowed

Lecture 699 636 Adjustments to Qualified Education Expenses

Lecture 700 641 Adjustments to Qualified Education Expenses Examples

Lecture 701 644 Expenses That Don’t Qualify

Lecture 702 647 Who Is an Eligible Student

Lecture 703 651 Table – Who Is an Eligible Student

Lecture 704 655 Who Can Claim a Dependent’s Expenses

Lecture 705 658 Figuring the Credit

Lecture 706 661 Effect of the Amount of Your Income on the Amount of Your Credit

Lecture 707 664 Refundable Part of Credit

Lecture 708 705 Introduction

Lecture 709 708 Can You Claim the Credit

Lecture 710 711 Who Can’t Claim the Credit

Lecture 711 714 What Expenses Qualify

Lecture 712 717 Qualified Education Expenses

Lecture 713 721 No Double Benefit Allowed

Lecture 714 725 Adjustments to Qualified Education Expenses

Lecture 715 728 Coordination with Pell grants and other scholar-ships

Lecture 716 729 Examples – Include or Exclude Scholarship in Income

Lecture 717 731 Expenses That Don’t Qualify

Lecture 718 735 Who Can Claim a Dependent’s Expenses

Lecture 719 738 Figuring the Credit

Lecture 720 741 Effect of the Amount of Your Income on the Amount of Your Credit

Section 54: Introduction 2019 2018

Lecture 721 Introduction

Lecture 722 PDF – .05 Why & How To Learn Tax Law

Lecture 723 05 Why & How To Learn Tax Law

Lecture 724 PDF – 105 Tax Structures

Lecture 725 105 Tax Structures

Lecture 726 PDF – 106 Marginal & Average Tax Rates

Lecture 727 106 Marginal & Average Tax Rates

Lecture 728 PDF – 107 Software Tax Example With Different Wages

Lecture 729 107 Software Tax Calculations

Lecture 730 PDF – 112 Software Marginal & Average Tax Rates Example

Lecture 731 112 Software Marginal & Average Tax Example

Lecture 732 PDF – 116 Income Tax Formula

Lecture 733 116 Income Tax Formula

Lecture 734 PDF – 120 Software Income Tax Formula Example

Lecture 735 120 Software Income Tax Formula

Lecture 736 PDF – 124 Components of Form 1040

Lecture 737 124 Parts of Form 1040

Lecture 738 PDF – 140 Tax Law

Lecture 739 140 Tax Law & Authority

Lecture 740 PDF – 144 Circular 230

Lecture 741 144 Circular 230

Lecture 742 Accounting Comic Break

Section 55: Tax Law Changes 2018

Lecture 743 2 Tax Law Changes 2018

Lecture 744 .10 Change In Form 1040

Lecture 745 .12 Eliminate Personal & Depended Exception

Lecture 746 PDF – .14 Increase in Standard Deduction

Lecture 747 .14 Increase In Standard Deduction

Lecture 748 PDF – .16 Decrease In Tax Brackets

Lecture 749 .16 Decrease In Federal Income Tax Brackets

Lecture 750 PDF – .18 Child Tax Credit

Lecture 751 .18 Child Tax Credit Increase

Lecture 752 PDF – .20 Limit On State & Local Tax Deduction

Lecture 753 .20 Limit On State & Local Tax Deduction

Lecture 754 PDF – .22 20% Pass-Through Tax Deduction

Lecture 755 .22 20% Pass-Through Tax Deduction

Lecture 756 .24 New Tax Credit For Other Dependents

Lecture 757 PDF – .26 Limitation On Home Interest Deduction

Lecture 758 .26 Limitation On Home Mortgage Interest Deduction

Lecture 759 .28 Elimination of 2% Misc. Deduction & Casualty & Theft Losses

Lecture 760 PDF – .30 Increase Alternative Minimum Tax Exemption

Lecture 761 .30 Increase Alternative Minimum Tax (AMT) Exemption

Lecture 762 Accounting Comic Break

Section 56: Filing Status and Dependents

Lecture 763 3 Filing Status and Dependents

Lecture 764 PDF – 205 Filing Status

Lecture 765 205 Filing Status Federal Income Tax

Lecture 766 PDF – 207 Tax Software Filing Status

Lecture 767 207 Tax Software Example Filing Status

Lecture 768 PDF – 210 Dependents

Lecture 769 210 Dependents Federal Income Tax

Lecture 770 PDF – 214 Tax Software Dependents

Lecture 771 214 Tax Software Dependents

Lecture 772 PDF – 217 Standard Deduction

Lecture 773 217 Standard Deduction

Lecture 774 PDF – 224 Penalties

Lecture 775 224 Penalties Federal Income Tax

Lecture 776 Accounting Comic Break

Section 57: Gross Income

Lecture 777 4 Gross Income

Lecture 778 PDF – 305 Gross Income Cash Method

Lecture 779 305 Gross Income Cash Method

Lecture 780 PDF – 310 Interest Income

Lecture 781 310 Gross Income Interest Income

Lecture 782 PDF – 314 Tax Software Interest Income

Lecture 783 314 Tax Software Interest Income

Lecture 784 PDF – 316 Dividend Income

Lecture 785 316 Tax Income Dividend Income

Lecture 786 PDF – 318 Tax Software Dividends

Lecture 787 318 Tax Income – Dividend Income

Lecture 788 PDF – 320 Social Security Benefits

Lecture 789 320 Tax Income Social Security Benefits

Lecture 790 PDF – 326 Other Kinds of Income

Lecture 791 326 Tax Income Other Kinds Of Income

Lecture 792 328 Tax Software Other Kinds Of Income

Lecture 793 PDF – 330 Refund From The State & Local Governments

Lecture 794 330 Tax Income Refund From The State & Local Governments

Lecture 795 PDF – 340 Excluded From Gross Income Fringe Benefits

Lecture 796 330 Tax Software Refund From The State & Local Governments

Lecture 797 340 Excluded From Gross Income Fringe Benefits

Lecture 798 Accounting Comic Break

Anybody who wants to learn tax law,Anybody who wants to understand how to fill out taxes,Tax and accounting students who want better explanation and practical examples of tax concepts using software, forms, and worksheets instead of just words

Course Information:

Udemy | English | 159h 5m | 195.37 GB
Created by: Robert (Bob) Steele

You Can See More Courses in the Business >> Greetings from CourseDown.com