The purpose of this class is to show how to prepare individual tax return from start to finish using the form 1040.
Prerequisites
No Advanced Preparation or Prerequisites are needed for this course.
Learning Objective
- Recognize what information is necessary to complete the form.
- Identify the Various 1099 forms
- Recognize the order in which to complete the form
- Discover how to produce a correct tax return for the client
Last updated/reviewed: March 15, 2024
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Course Syllabus
- Introduction to 1040 Preparation 6:10
- REVIEW QUESTIONS quiz
- PBC Documents 1:47
- REVIEW QUESTIONS quiz
- Caseview set up and organization 2:46
- REVIEW QUESTIONS quiz
- New Client Info and entry into GO 1:30
- REVIEW QUESTIONS quiz
- W-2 entry and WP-30 3:57
- REVIEW QUESTIONS quiz
- 1099 Overview 1:42
- REVIEW QUESTIONS quiz
- Bond Amortization and Premiun Entry 1099 3:47
- 1099 Reconciliation printing input into WP30 4:38
- REVIEW QUESTIONS quiz
- Schedule D input into GO and Schedule D e-file pages 5:24
- REVIEW QUESTIONS quiz
- Basic K-1 setup and entry into GO 3:22
- REVIEW QUESTIONS quiz
- Inputting an Oil and Gas K-1 5:14
- REVIEW QUESTIONS quiz
- K-1 Reconciliation-printing-saving to DM--input into WP-30 3:50
- REVIEW QUESTIONS quiz
- Half Point Recap 1:58
- Schedule C 4:09
- REVIEW QUESTIONS quiz
- Schedule E 3:27
- REVIEW QUESTIONS quiz
- Other Misc Income Items 4:55
- REVIEW QUESTIONS quiz
- State Refund Entry and Taxability 4:29
- REVIEW QUESTIONS quiz
- Schedule A State and Local taxes - Part 1 7:12
- REVIEW QUESTIONS quiz
- State and Local income tax - Part 2, Real Estate taxes, Personal Property Taxes, Mortgage Interest Deduction 11:12
- REVIEW QUESTIONS quiz
- Charitable Deduction and Giving 5:53
- REVIEW QUESTIONS quiz
- Misc Items - tax Prep Fees 1:35
- REVIEW QUESTIONS quiz
- Misc Items - State credits 4:36
- REVIEW QUESTIONS quiz
- Foreign Tax Credits 4:19
- REVIEW QUESTIONS quiz
- General Overview - wrap up 3:26
- REVIEW QUESTIONS quiz
CONTINUOUS PLAY
- EKS&H: 1040 Preparation 1:35:09
FINAL EXAM
- FINAL EXAM exam
EKS&H: 1040 Preparation
Continuing Education Credits
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