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Individual Income Tax Refresher Course Part 3: Form 1040 Exclusions (2005 Edition)

Sidney Kess

Items of potentially taxable income may be excluded by a specific provision of the Code. Also, the excludable items are often tax free, but any interest or income earned after the receipt of the proceeds or gifts is subject to tax.

This course will help tax professionals delineate the taxable and tax-free elements of "excludable" items.

Topics covered include:

  • Life Insurance Proceeds, Withdrawals, and Policy Loans
  • Gifts and Bequests
  • Accident and Health Plans
  • Meals and Lodging
  • Group-term Life Insurance and Cafeteria Plans
  • FSAs, and HRAs
  • Employer-Provided Adoption Assistance
  • Coverdell Education Savings Accounts
  • Qualified Tuition Plans
  • Other Excludable Items

Course Details
Price:  $40.00
Field of Study:  Taxation
Prerequisites:  Individual Income Tax Refresher Course Part 2: Form 1040 Gross Income (2005 Edition)
Level:  Update
Course was last updated on:  11/18/04
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Library:

Technical Requirements:
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Credit Available For: Units
CPE 2 CPE
QAS 2 CPE
CFP® (Accepted by the CFP Board) 2 CPE
Enrolled Agent (Accepted by the IRS) 2 CPE
Law (Accepted by the State Bar of California) 2 CPE

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.

User Reviews
Reviewer: Jennifer M. submitted on 10/15/2005
Education exclusions.
Reviewer: Jonathan K. submitted on 04/27/2005
convencience
Reviewer: David M. submitted on 12/31/2004
Content
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