This course will enable you to prepare individual tax returns for the general public, including individual taxpayers who operate sole-proprietor businesses. At the completion of the course, you will be able to complete most individual non-business and small business (self-employed/Schedule C) tax returns and research tax issues. This course will provide the educational foundation necessary to successfully pass the IRS RTRP Exam (Wage and Non-business Income Form 1040 Examination).
The course contains 20 3-hour lessons. No entrance requirements. It will give you a solid foundation in individual tax preparation, enabling you to complete all of the standard returns.
This course focuses on the majority of tax forms needed to complete tax returns for yourself and the general public. During the course, you should acquire the knowledge and skills necessary to complete federal income tax returns and research tax issues. Two or more tax returns are prepared for most chapters.
Accessible online in the comfort of your own home or office, this course covers the following tax topics:
- Electronic Filing
- W-2 & 1099 Forms
- Form 1040 (1040 EZ/A)
- Interview Techniques
- Filing Requirements
- Filing Status
- Exemptions & Dependents
- Earned Income Tax Credit
- Due Diligence
- Child Care & Tax Credits
- Interest & Dividends
- Other Income
- Adjustments to Income
- Itemized Deductions
- Employee Business Expenses
- Sale of Real Estate
- Rental Property
- Farm Income
- Capital Gains & Losses
- Education Expenses & Plans
- IRAs & Retirements Plans
- Kiddie Tax
- Tax Saving Ideas
- Alternative Minimum Tax
Quizzes will be given throughout the course, and you must pass each quiz to continue to the next module within the course. A Certificate of Achievement will be issued after all modules have been successfully completed.
This Course includes the following materials and resources:
- Comprehensive Income Tax Course Manual, by The Income Tax School
- Federal income tax reference material
- Certificate of Achievement upon completion
- Hands-on tax training from veteran tax preparers
- Up to 6 months from your date of registration to complete the course
- Information about Tax Preparer Registration
Updated for 2011 Tax Laws
After ordering, you will receive an email within 1 business day that contains your log-in instructions and access to the course. Your Manual will be shipped to you separately, and should arrive within 3-5 business days.
There are no entrance requirements or educational prerequisites to enroll, so order today!
If you wish to order this course for the state of California or Oregon, click the applicable link below:
CA Comprehensive Income Tax Course w/State Supplement
OR Comprehensive Income Tax Course w/State Supplement
We’re so confident you will successfully pass the IRS Competency Exam using The Income Tax School’s course materials; we’re willing to offer a Success Guarantee! In the unlikely event you do not successfully pass the exam you will:
*study requirements apply.
- Repeat your course for FREE using the most updated materials we have available.
- After repeating the course, repeat the IRS Competency Exam within three (3) months or the next available test date.
- If you do not successfully pass the IRS Competency Exam after a second attempt, you will receive a refund*.
Note: This course may be taken independently for professional development, may be used to provide the knowledge needed to pass IRS Competency Test, or can be taken in conjunction with other courses to earn the Certified Tax Professional (CTP)