Block 1. Fundamentals of Tax Return Preparation
– Taxpayer personal information and filing statuses
– Residency, ITIN, visas, and filing requirements
– Sources of income and exclusions
– Dependents and tax credits
– Foreign accounts, ACA compliance, and IRS correspondence
Block 2. Income and Assets
– Wages, dividends, interest, and rental income
– Foreign income and tax treaties
– Forms 1099-MISC/NEC/K, gambling income, and cancellation of debt
– Retirement income, IRAs, Form 1099-R, and RMDs
– Sale of property, capital gains, and cryptocurrency
– Asset basis, PTPs, installment sales, and stock options
Block 3. Deductions and Credits
– Standard and itemized deductions
– Mortgage interest, charitable contributions, and losses
– Qualified Business Income (QBI) deduction
– EITC, Child Tax Credit, and Foreign Tax Credit
– Education, medical, and other tax credits
Block 4. Special Taxes
– Alternative Minimum Tax (AMT)
– Self-employment tax, NIIT, and Medicare taxes
– Tax rules for military personnel and clergy
Block 5. Advising the Taxpayer
– Sale of property, inheritance, and gifts
– Retirement and tax planning
– Injured spouse and innocent spouse relief
– Amended returns and estimated tax planning
Block 6. International and Specialized Reporting
– FBAR, Forms 8938, 3520, 5471
– Estate and gift taxation (Forms 706 and 709)
Course Description: From Beginner to Enrolled Agent (Individual Taxation)
Block 1. Fundamentals of Tax Return Preparation
– Taxpayer personal information and filing statuses
– Residency, ITIN, visas, and filing requirements
– Sources of income and exclusions
– Dependents and tax credits
– Foreign accounts, ACA compliance, and IRS correspondence
Block 2. Income and Assets
– Wages, dividends, interest, and rental income
– Foreign income and tax treaties
– Forms 1099-MISC/NEC/K, gambling income, and cancellation of debt
– Retirement income, IRAs, Form 1099-R, and RMDs
– Sale of property, capital gains, and cryptocurrency
– Asset basis, PTPs, installment sales, and stock options
Block 3. Deductions and Credits
– Standard and itemized deductions
– Mortgage interest, charitable contributions, and losses
– Qualified Business Income (QBI) deduction
– EITC, Child Tax Credit, and Foreign Tax Credit
– Education, medical, and other tax credits
Block 4. Special Taxes
– Alternative Minimum Tax (AMT)
– Self-employment tax, NIIT, and Medicare taxes
– Tax rules for military personnel and clergy
Block 5. Advising the Taxpayer
– Sale of property, inheritance, and gifts
– Retirement and tax planning
– Injured spouse and innocent spouse relief
– Amended returns and estimated tax planning
Block 6. International and Specialized Reporting
– FBAR, Forms 8938, 3520, 5471
– Estate and gift taxation (Forms 706 and 709)
Student Review
