Description:

This book is for preparing 2023 taxes. If you’re looking for a starting point to learn the basics of tax preparation, this is it. This course outlines the basics of individual income tax reporting with a step-by-step analysis of Form 1040, U.S. Individual Income Tax Return, and its accompanying schedules. At the end of this course, you will be prepared to complete basic income tax returns with a variety of activities such as taxable wages, stock sales and various credits.

• Identifying a taxpayer’s filing requirements and filing status
• Identifying who is eligible to be claimed as a dependent
• Summarizing different types of income and adjustments to income
• Comparing itemized deductions and the standard deduction
• Distinguishing between nonrefundable and refundable income tax credits
• Calculating an individual client’s federal income tax liability
• Preparing Form 1040

Product Details:

Item Number: 23320

Level: Basic

Authors: NATP Staff

Published: 2023

Format: Print - 428 pages

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Corresponding CPE Courses:

Get the e-book FREE when you purchase the corresponding 2023 course.