Training Remote and In-Person

Business and Management

Income Tax Preparation Course

Start: TBA       Type: Online / In-class; Evening & Weekends       Duration (hr): 60

In this course students will learn tax theory, changes in tax laws, client interview skills and how to advise clients for optimal outcomes. Students will also utilize professional income tax preparation software, Intuit Proseries, to process most standard individual tax returns. After completing this course, students will be able to work as a Tax Preparer.
- Grasp essential income tax terminology
- Understand the basic income tax theory and learn the rules necessary to prepare more complicated tax returns such as those requiring schedules C, D, E and Depreciation (MACRS and ACRS).
- Understand the process of preparing an individual income tax return utilizing professional tax software
- Understand the role of a tax preparer and professional responsibilities in tax return preparation
- General Material
- Standard Deduction and Exemption
- Income
- Interest and Dividend Income
- Earned Income Credit
- Tax Credits – Child Care and Others
- Retirement and Other Types of Income
- Adjustments to Income
- Itemized Deductions
- Electronic Filing
- Employee Business Expenses
- Education Tax Benefits
- Capital Gains and Losses
- Depreciation
- Self-Employment Income
- Filing Schedule C
- Rental Property
- Alternative Minimum Tax, Less Common Credits and Penalties
- Payments, Extensions and Amended Returns
- Ethics
- Intuit Proseries Software
- TurboTax Software
Basic computer user skills


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