Course curriculum

  • 1

    Intro

    • Introduction To TaxCred Plus Tax Preparation Course Video
  • 2

    First Things First

    • Lesson 1 Review Prior Years Returns

    • Lesson 2 Determine Filing Status

    • What's my Status?

    • What do you Remember?
  • 3

    Determining the Income Source

    • Lesson 3 Determine Sources of Income

    • W-2 and W-3 Instructions

    • Form W-2 (Wage and Tax Statement)

    • Form 1040-Schedule E (Supplemental Income and Loss)

    • 1040-Schedule C (Profit or Loss from Business) Sole Proprietorship

    • Form 1065 (US Return of Partnership Income)

    • 1099-B (Proceeds From Broker and Barter Exchange Transactions)

    • Form 1099-G (Certain Government Payments)

    • What do You remember?
  • 4

    Adjusted Gross Income

    • Lesson 4 Determine AGI

    • Form 1040-Schedule C (Profit or Loss from Business) Sole Proprietorship

    • Form 1040- Schedule F (Profit or Loss from Farming)

    • Form 1065-K1 (Partner's Share of Income (Loss from an electing Large Partnership)

    • Form 8889 (Health Savings Accounts)

    • Form 1040-SE (Self-Employment Tax)

    • Form 1098-E (Student loan interest statement)

    • What do you Remember?
  • 5

    Deductions

    • Lesson 5 Determine Deductions and Credits

    • 1040- Schedule EIC (Earned Income Credit)

    • 1040- Schedule 8812 Additional Child Tax Credit

    • Publication 972 Child Tax Credit

    • 8863 Instructions

    • 8863 (Education Credits)

    • 8880-Credit for Qualified Retirement Savings Contributions

    • 2441 Instructions

    • 2441- (Child and Dependent Care Expenses)

    • What do you remember?
  • 6

    Understanding Payments, due dates, and exceptions

    • Lesson 6 Understand Tax Payments and Filing Requirements

    • 1040-ES (Estimated Taxes for Individuals)

    • 1040-x (Amended US Return)

    • Lesson 7 Due Dates, Extentions, Exemptions

    • 4868- (Application for Auto Extension of time to file
  • 7

    Income

    • Lesson 8 Income

    • w-2 (Wage and Tax Statement)

    • w-4 (Employee's Withholding Allowance Certificate

    • 1099-int (Interest Income)

    • 1099-div (Dividends and Distributions)

    • 1065-K1 (Partner's Share of Income (Loss from an electing Large Partnership)

    • Lesson 9 Income pt 2

    • 1099-msc (Miscellaneous Income)

    • 1040-Schedule E (Supplemental Income and Loss)

    • Lesson 10 Forgiveness of Debt as Income

    • 1099-C (Cancellation of Debt)

    • Lesson 11 Other Income

    • 1099-B (Proceeds From Broker and Barter Exchange Transactions)

    • 1099-msc (Miscellaneous Income)

    • 1099-G (Certain Government Payments)

    • 1099-C (Cancellation of Debt)

    • w-2G (Certain Gambling Winnings)

    • 1099-sa (Distributions from an HSA, Archer MSA, or Medicare Advantage MSA)

    • Lesson 12 Retirement Income

    • 8606 (Nondeductible IRAs)

    • 5329 (Additional Taxes on Qualified Plans)

    • 5329 Instructions

    • Lesson 13 Real and Personal Property

    • What do you remember?
  • 8

    Adjustments, Deductions, and Contributions

    • Lesson 14 Adjustments to Income

    • 1040-SE (Self-Employment Tax)

    • 8917 Tuition and Fees deduction

    • 1098-t (Tuition Statement)

    • 5498 IRA Contribution Information

    • Lesson 15 Itemized Deductions

    • 1099-R Instructions

    • 1099-R (Distributions From Pensions, Annuities, Retirement or Profit-sharing plans, IRAs, Insurance Contracts, etc)

    • Lesson 16 Real Estate Taxes

    • 1098 instructions

    • 1098 (Mortgage Interest Statement)

    • Lesson 17 Charitable Contributions

    • 1040-Schedule A (Itemized Deductions )

    • 8283 (Noncash Charitable Contributions)

    • Lesson 18 Misc Itemized Deductions

    • 1040-Schedule A (Itemized Deductions )

    • What do you remember?
  • 9

    Credits

    • Lesson 19 Credits

    • 2441 Instructions

    • 2441- (Child and Dependent Care Expenses)

    • 1040- Schedule 8812 Additional Child Tax Credit

    • Publication 972 Child Tax Credit

    • Lesson 20 Education Credits

    • 8863 (Education Credits)

    • 886-haoc (Supporting Documents to Prove American Opportunity Credit

    • Lesson 21 Earned Income Credit

    • 8867 (Paid Preparer’s Due Diligence Checklist )

    • Lesson 22 Earned Income Credit pt2

    • 1040- Schedule EIC (Earned Income Credit)

    • Lesson 23 EIC Rules

    • Lesson 24 Alternative Minimum Tax

    • 1040-SE (Self-Employment Tax)

    • 6251 instructions

    • 1040- Schedule EIC (Earned Income Credit)

    • 6251 (Alternative Minimum Tax—Individuals)

    • 4137 (Social Security and Medicare Tax)

    • 5329 Instructions

    • 5329 (Additional Taxes on Qualified Plans)

    • Lesson 25 Repayment of First Time Home Buyer Credit

    • 5405 (Repayment of the First-Time)

    • What do you Remember
  • 10

    Tax Prep Forms

    • Tax Prep Forms

    • 5405 (Repayment of the First-Time)

    • 886-hfth (First-time Homebuyer Credit Supporting Doc)

    • 1040-v

    • 1040s2

    • 1040-Schedule F (Profit or Loss from Farming)

    • 886-he (Doc needed to send to claim EIC on basis of a qualifying child for ty 2017

    • 1040s5

    • 1040-sd

    • 1040- Schedule F (Profit or Loss from Farming)

    • 1040-sr

    • 1040s6

    • 1065-K1 (Partner's Share of Income (Loss from an electing Large Partnership)

    • 1099-A (Acquisition or Abandonment of Secured Property)

    • 1098 (Mortgage Interest Statement)

    • 1040-SE (Self-Employment Tax)

    • 1040-Schedule A (Itemized Deductions )

    • 944 ( Employer’s ANNUAL Federal Tax Return )

    • 2555 (Foreign Earned Income)

    • 1040-sh

    • 1040-C (U.S. Departing Alien Income Tax Return)

    • 1040-nr

    • 940 ( Employer's Annual Federal Unemployment (FUTA) Tax Return

    • 1099-div (Dividends and Distributions)

    • 886-hdep (Supporting Documents for Dependency Exemptions)

    • 2441- (Child and Dependent Care Expenses)

    • 4137 (Social Security and Medicare Tax)

    • 1040s4

    • 2441 Instructions

    • 886-haoc (Supporting Documents to Prove American Opportunity Credit

    • 886-L (Supporting Doc)

    • 8917 Tuition and Fees deduction

    • 5329 (Additional Taxes on Qualified Plans)

    • 6251 instructions

    • 5329 Instructions

    • 1040-ES (Estimated Taxes for Individuals)

    • 8283 (Noncash Charitable Contributions)

    • 1040-esn

    • 1040 (US Individual Income Tax Return)

    • 945 (Annual Return of Withheld Federal Income Tax )

    • 1098-E (Student loan interest statement)

    • 1099-msc (Miscellaneous Income)

    • 1040s1

    • 1040-s

    • 1040- Schedule 8812 Additional Child Tax Credit

    • 1040- Schedule EIC (Earned Income Credit)

    • 1040-nre

    • 1040s3

    • 6251 (Alternative Minimum Tax—Individuals)

    • 943 (Employer’s Annual Federal Tax Return for Agricultural Employees)

    • 1040-ss

    • 1065-b

    • 1099-B (Proceeds From Broker and Barter Exchange Transactions)

    • 9465

    • 8867 (Paid Preparer’s Due Diligence Checklist )

    • 1040-Schedule C (Profit or Loss from Business) Sole Proprietorship

    • 1040-sb

    • 1065 (US Return of Partnership Income)

    • 1040-sj

    • 9465 instructions

    • 1040-sce

    • 5498-qa

    • 990 (Return of Organization Exempt From Income Tax)

    • 1099-S (Proceeds From Real Estate Transactions)

    • 1040-Schedule E (Supplemental Income and Loss)

    • 1099-K (Payment Card and Third Party Network Transactions)

    • 1099-C (Cancellation of Debt)

    • 8825 (Rental Real Estate Income and Expenses of a Partnership or S Corp)

    • 4868- (Application for Auto Extension of time to file

    • 1099-G (Certain Government Payments)

    • 5498-sa

    • 8863 (Education Credits)

    • 4506t

    • 1099-ptr (Taxable Distributions Received From Cooperatives)

    • 1099-qa (Distributions From ABLE Accounts)

    • 1099-R Instructions

    • 8606 (Nondeductible IRAs)

    • 1099-R (Distributions From Pensions, Annuities, Retirement or Profit-sharing plans, IRAs, Insurance Contracts, etc)

    • 5498 IRA Contribution Information

    • 1099-sa (Distributions from an HSA, Archer MSA, or Medicare Advantage MSA)

    • 5498-e

    • 8843

    • 8804-w

    • 8854

    • 8863 Instructions

    • 8879-c

    • 8885

    • 1099-nec (Nonemployee Compensation)

    • 8888

    • 8880-Credit for Qualified Retirement Savings Contributions

    • Publication 972 Child Tax Credit

    • 1099-int (Interest Income)

    • 8879-f

    • 1040 instructions

    • 8922

    • 1065-sm3

    • 1098 instructions

    • 8889 (HEalth Savings Accounts)

    • 1097-btc_19

    • 8879-eo

    • 1098-t (Tuition Statement)

    • w-2G (Certain Gambling Winnings)

    • w-2 (Wage and Tax Statement)

    • w-2gu

    • w3-pr

    • 1040-x (Amended US Return)

    • 8879-i

    • 8941

    • w-2as

    • w-2vi

    • w2w3 instructions

    • w-3ss

    • w-4p

    • w-4 (Employee's Withholding Allowance Certificate

    • w9

    • w-4s

    • w-3

    • 8906
  • 11

    The Tax Preparer's Responsibility

    • Recent Changes by the IRS

    • Lesson 26 Check Return

    • Lesson 27 Explain Record Keeping

    • Lesson 28 Significance of Signatures

    • 8879 (IRS e-file Signature Authorization)

    • Lesson 29 Rejected Electronic Returns

    • Lesson 30 Payment Options

    • 9465 instructions

    • 9465 (Installment Agreement Request )

    • 8888 Allocation of Refund

    • Lesson 31 IRS Penalities

    • 4852 (Substitute for Form W-2)

    • 8821 (Tax Information Authorization )

    • 2848 Instructions

    • 2848 (Power of Attorney)

    • Lesson 32 Preparers Due Diligence