After Form 1040 the most frequently used form is Schedule A, Itemized Deductions. Tax preparers need to be familiar with this form and all of the types of deductions allowed. Many clients do not realize that they may be able to file this form to lessen their tax burden. Preparers need to know what questions to ask to make sure their clients do not overpay the IRS.
The Tax University CE course on Schedule A includes the following learning objectives:
- Knowing the standard deduction versus itemized deductions
- Defining what are medical and dental expenses
- Identifying state and local taxes levied
- Understanding mortgage and investment interest
- Defining charitable donations including donations other than cash or check
- Understanding other miscellaneous deductions
- Learn the Tax Cuts and Jobs Act (TCJA) changes
Publication Date: August 2018
IRS Course #: A360U-T-00100-18-S
Program Level: Beginner
Prerequisites/Advanced Preparation: The student should be familiar with Form 1040.
Delivery Method: QAS Self-Study
License Term: 180 days
CPE/CE Credits: IRS 4 CE Federal Tax. One 50- minute period equals one CPE/CE Credit Hour.
Field of Study: Tax
Passing Grade: Participants who answer a minimum of 70% correct on the final exam will receive a Certificate of Completion.
Record Retention: As an IRS-approved provider of continuing education The Tax University will report successful completion of this course to the IRS. You can access and view all completed continuing education credits through your online PTIN account.
Complaint Resolution Policy: Please contact our customer service department at 1-434-227-4480.
Refund Policy: 30-day money back guarantee. For refund assistance, please contact our customer service department at 1-434-227-4480.
The Tax University Offers Substantial Discounts When You Purchase Multiple Courses! All Discounts Appear At The Bottom Of The Order Page When More Than One Course Is Selected.
Click Here To Order the CE Course Schedule A