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1040 Preparation and Planning Part 3: Deductions (2007 Edition)

Sidney Kess and Barbara Weltman

The purpose of this series of courses is to bring the tax preparer "up-to-speed" in the most efficient way possible for the tax preparation season. It offers quick answers and hands-on help for tax return preparation that has become increasingly complex by several recently passed tax Acts. This third course in the series reviews the deductions that taxpayers are permitted to take to reduce their tax.

These fall into two classes: deductions from gross income in computing adjusted gross income (so-called business deductions), which are often referred to as "above-the-line" deductions; and deductions from adjusted gross income.

The deductions encountered on most returns are the personal or "itemized" deductions. The course details general, medical, taxes, interest, contributions, and miscellaneous deductions.

Course Details
Price:  $36.00
Field of Study:  Taxes
Prerequisites:  1040 Preparation and Planning Part 2: Gross Income (2007 Edition)
Level:  Basic
CTEC course number:  1075-CE-8483
Course was last updated on:  11/30/06
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Library:

Technical Requirements:
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Credit Available For: Units
CPE 3 CPE
QAS 3 CPE
Enrolled Agent (Accepted by the IRS) 3 CPE
CTEC Federal 3 CE

Note: Recommended CPE credit is based on a 50-minute hour. Participants earning credits for states that require self-study to be based on a 100-minute hour will receive half the recommended CPE credits for successful completion of this course.

Since Continuing Professional Education requirements vary from state to state and are subject to change without notice, please contact your state board of accountancy for information on your CPE requirements and the applicability of this course to meet those specifications.

CCH has been approved by the California Tax Education Council to offer courses that provide federal and state credit towards the annual "continuing education" requirement imposed by the State of California. A listing of additional requirements to register as a tax preparer may be obtained by contacting CTEC at P.O. Box 2890, Sacramento, CA, 95812-2890, toll-free by phone at (877) 850-2832, or on the Internet at www.ctec.org.

User Reviews
Reviewer: Zephyr Anise C. submitted on 06/27/2008
N/A
Reviewer: Alfred W. submitted on 06/18/2008
The strongs points for me is the test for my understanding.
Reviewer: Richard E. submitted on 06/12/2008
useful info - especially on unusual items
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