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Tax Forms 101: Earn and Learn

$74.99

$597.0087% off

Tax Forms 101: Self-Paced Tax Mastery is an AI-powered course designed to transform your tax preparation skills. Dive into comprehensive, step-by-step lessons that cover everything from basic tax concepts to advanced filing techniques. Perfect for both beginners and intermediate professionals, this course offers interactive modules, real-world scenarios, and practical exercises to enhance your understanding. Learn at your own pace and gain the confidence to handle any tax situation with ease. Enroll today and take the first step towards becoming a tax expert.

This course teaches you about the most commonly used tax forms including:

1. Form 1040: The main form used for individual federal income tax returns.

2. Schedule A: Itemized Deductions - used to report itemized deductions.

3. Schedule B: Interest and Ordinary Dividends - used to report taxable interest and dividends.

4. Schedule C: Profit or Loss from Business - used to report income and expenses from a business.

5. Schedule D: Capital Gains and Losses - used to report sales and exchanges of capital assets.

6. Schedule E: Supplemental Income and Loss - used to report income or loss from rental real estate, royalties, partnerships, S corporations, estates, and trusts.

7. Schedule F: Profit or Loss from Farming - used to report farm income and expenses.

8. Schedule SE: Self-Employment Tax - used to calculate self-employment tax.

9. Schedule 1: Additional Income and Adjustments to Income - used to report additional income and adjustments.

10. Schedule 2: Additional Taxes - used to report additional taxes.

11. Schedule 3: Additional Credits and Payments - used to report non-refundable credits and other payments.

12. Form 5695: Residential Energy Credits - used to claim credits for residential energy-efficient property, including solar panels.

13. Form 8936: Qualified Plug-in Electric Drive Motor Vehicle Credit - used to claim credits for electric vehicles.

14. Schedule EIC: Earned Income Credit - used to claim the Earned Income Tax Credit (EITC).

15. Form 8863: Education Credits (American Opportunity and Lifetime Learning Credits) - used to claim education credits.

These forms are often used in conjunction with Form 1040 to provide a complete picture of an individual's income, deductions, credits, and taxes owed.

***Benefits of enrolling in this course: 80/20 Split Fees, No EFIN Needed, 4 total users, course is self paced digital videos with an in-depth explanation of the most commonly used tax forms, NO Continuing Education credits, 1:1 Mentoring, Professional Tax Software, Opportunity to receive a contractor bonus in July

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