This highly-rated course boasts a 4.5-star-star rating from 172 reviews and has successfully guided 28,445 students in mastering Other Business skills. Featuring 8 hour(s) of expert-led content delivered in English, this course offers thorough training to enhance your Social Science expertise. The course details were last updated on December 24, 2024. This coupon code is brought to you by Anonymous.
- Expired on February 18, 2025
- Last Update: February 17, 2025
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Price:
19.99 $0 $
About This Course
This is a project based income tax course.
We will construct a complex tax return in a step by step format, beginning with a basic return & building complexity as we move forward.
The course will demonstrate the data input within 2020 income tax forms as well as the use of an Excel worksheet to check the numbers and demonstrate the use of tax software.
Using tax software & an Excel worksheet, formatted as the income tax equation, are common, and best practices for many tax professionals, practices that greatly increase understanding and accuracy.
The practice problem with start by using basic tax data input forms such as W-2 forms and Form 1099s. We will then add a Schedule A Itemized Deductions. The problem will eventually include a Schedule C Sole Proprietorship and Schedule E Rental Income or Loss.
The materials for the course will include example tax forms after many of the steps in the practice problem. We will also include an Excel worksheet template that will be used in the instructional videos.
We will be using Lacerte tax software. You are not required to have Lacerte tax software to follow along. If you do not have tax software you can still follow along using tax forms from the IRS website and use the Excel worksheet. Other tax software can also be used in a similar way.
In some cases Lacerte may offer a free 30-day trial period of the tax software.