EA SEE Test Prep Part I Individuals

Member Price:

$424

Non-Member Price:

$554

Your Course Price: 554.00

CE Credits

Advanced Preparation

None

Course Level

Intermediate

Prerequisite

2 - 3 years of tax experience

Course Instructor

Isaac McRae EA, NTPI Fellow, MST; Rodney Boswell EA, MBA

Date

May 19 - May 20, 2025

Time

08:00am - 12:00pm

IRS CE

NASBA CPE

CTEC Credits

Schedule

Day 1 May 19, 2025:

Day 2 May 20, 2025:

EA SEE Test Prep Part I Individuals 5 CPE

CTEC: Tax Law 5 CPE

Topics will include:

Identify the overall format for computing tax liability, including the key components of gross income, deductions for and from adjusted gross income, tax liability, and prepayments and credits
Determine deductions, filing status, and requirements to file.
Recognize special gross income and related exclusion rules for a variety of sources of income, including salaries and wages, fringe benefits, dividends, interest, rents, annuities and social security
Apply the special deduction rules for passive losses, alimony, and other expenses allowed as deductions for adjusted gross income
Identify the major categories of itemized deductions and related limitations
Identify capital assets and apply the basic netting rules for capital gains and losses
Calculate recognized gain or loss and basis on various sales or exchanges of personal and investment properties, including installment sales
Review and apply the basic rules for refundable and nonrefundable personal credits
Recognize special issues and computations related to estimated taxes, the alternative minimum tax, and the allocable parental tax
Understand the qualifications for contributions to Individual Retirement Accounts and possible limits and/or restrictions on related deductions
Identify the key components of the federal estate tax and gift tax in determining federal transfer tax liabilities
Recognize key issues in gathering taxpayer data, preparing returns, and advising taxpayers as to various tax minimization strategies

Course State