Customer Service: 800-778-7436     

To access your product click the Log In link at the top right of the screen. Once inside your account, you will be able to access your Packages, Self-Study Product, and Webinar Registrations.

Sign In to Your Surgent Account

Forgot Username or Password | Register for an Account

Selected Issues in Preparation of 1040 Individual Income Tax Returns (SIPI)

  • Format Self-Study Download
  • Credits 10.00
  • Level Basic
  • Field of Study Taxes (10)

Overview

This course provides new staff accountants, data processing employees, para-professionals, and bookkeepers a study into some of the more complicated issues they may face in tax return preparation. Updated for impacts of recent legislation, including the SECURE Act 2.0, the Inflation Reduction Act, CARES Act, Consolidated Appropriations Act of 2021 (CAA 2021), ARPA, TCJA, and SECURE Act.



Major Topics:

  • Business income and expenses
  • IRAs, qualified retirement plans, and Social Security benefits
  • Depreciation and recapture
  • Rental income and expenses, income via Schedule K-1, and loss limitations
  • Alternative Minimum Tax
  • Casualty losses, moving expenses, sale of home, alimony, and penalties

Learning Objectives:

  • Have an overview of passive activity rules
  • Complete a comprehensive Form 1040 
  • Learn about IRA contributions and self-employed retirement plans
  • Complete a comprehensive problem related to computation of an individual’s federal income-tax liability, with filled-in forms

Who should take this course:

New staff, rusty or those returning to the profession, who desire to prepare individual returns

None

None

Yes

No

No

QAS Approval Surgent
IRS Approval Surgent
CFP Approval Surgent
CTEC Approval Surgent
CPE Webinars
CPE Webinars

Thank You!

Thank You! Your subscription has been submitted.