myCPE

U.S. Individual Tax Preparation Practical Course - Part 1 5.5 Credits

U.S. Individual Tax Preparation Practical Course - Part 1 5.5 Credits

  • Rating

    4.6

  • Reviewed on

    November, 2023

  • Subject Area

    Taxes

Learning mode

On Demand
  • Access the course at your convenience
  • Take the assessment test
  • Get your certificate
  • Attend the live interactive session
  • Answer the polling questions
  • Get your certificate

Learning Objective

  • To discuss the introduction of Filing Requirements.
  • To explain dependents in general.
  • To discuss an overview of Qualifying child and Qualifying relative
  • To analyze Tiebreaker rules.
  • To inspect different filing statuses.
  • To discuss Form W-2, Interest, and Dividends.
  • To discuss capital gains and losses and Form 1099-B.
  • To get an overview of Pension and Retirement Income.
  • To analyze Social Security Income Taxation

Course Overview

Are you interested in working in the field of individual taxation, but don't have a college or professional degree? If so, consider enrolling in our first course, which is part of a two-series course on U.S. Individual Tax. This online course provides a basic introduction to filing requirements, dependents, different filing statuses, and various Income items.

Major topics covered in this CPE course:

  • Introduction to Filing Requirements
  • Understanding Dependents in general
  • Overview of Qualifying Child and Qualifying Relative
  • Divorce
  • Tiebreaker rules
  • Introduction to different filing status
  • Form W-2
  • Interest and dividends
  • Capital gains and losses
  • Form 1099-B
  • Pension and Retirement Income (includes 1099-R)
  • Social Security Income Taxation
  • Dealing with Schedule K-1: Introduction

Enroll in this series of courses that combines conceptual and applied Material, Quizzes, Case Studies, and Simulations to help you navigate the ever-changing U.S. Individual Federal Tax System. This two-course series is recommended for non-degree holders seeking short-term training programs, individuals without a college or professional degree, and those working in tax firms who want to get a basic understanding of U.S. Individual Taxation.

Don't miss out on the opportunity to gain a competitive edge in the world of individual taxation. Enroll in this CPE Course by Jason Dinesen today and take the first step towards achieving your career goals.

On Demand Credits for All Qualifications

License details Credits Status
Taxes for Certified Public Accountants (CPA-US) 5.5 CPE Approved
Federal tax-related matters for Enrolled Agents (EA) (Approval No. GEHNZ-T-01531-23-S) 5 CE Approved
Federal tax-related matters for Annual Filing Season Program (AFSP) (Approval No. GEHNZ-T-01531-23-S) 5 CE Approved
Federal tax-related matters for California Registered Tax Preparers (CRTP) (Approval No. 6273-CE-1242) 5 CE Approved
Taxes for Personal Financial Specialist (PFS) 5.5 CPD Eligible
Taxes for Delaware Licensed Public Accountant (DE-LPA) 5.5 CPE Eligible
Chartered Financial Consultant (ChFC) 5.5 CE Eligible
Federal tax-related matters for Oregon Registered Tax Preparers (ORTP) (Approval No. GEHNZ-T-01531-23-S) 5 CE Approved
Certified Wealth Strategist (CWS) 5.5 CE Eligible
Trust and Estate Practitioners (TEP) 5.5 CPD Eligible
Certified Fiduciary and Investment Risk Specialist (CFIRS) 5.5 CE Eligible
Taxes for Retirement Income Certified Professional (RICP) 5.5 CE Eligible
Federal tax-related matters for LTC (Approval No. GEHNZ-T-01531-23-S) 5 CE Eligible
Taxes for Wealth Management Certified Professional (WMCP) 5.5 CE Eligible
Taxes for Financial Services Certified Professional (FSCP) 5.5 CE Eligible
Taxes for Iowa Licensed Public Accountant (IA-LPA) 5.5 CPE Eligible
Federal tax-related matters for Maryland Tax Preparer (MRTP) (Approval No. GEHNZ-T-01531-23-S) 5 CE Approved
Taxes for Maine Licensed Public Accountant (ME-LPA) 5.5 CPE Eligible
Taxes for Chartered Special Needs Consultant (ChSNC) 5.5 CE Eligible
Taxes for Chartered Advisor in Senior Living (CASL) 5.5 CE Eligible

Additional Information

Credits

5.5

Course Level

Basic

Instructional Method

QAS Self Study

Group Internet Based

Pre-requisites

None

Advance Preparation

None

IRS APPROVED

MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478

MY-CPE LLC (Sponsor Id#: GEHNZ) has entered into an agreement with the Internal Revenue Service, to meet the requirements of 31 Code of Federal Regulations, section 10.6(g), covering aintenance of attendance records, retention of program outlines, qualifications of instructors, and length of class hours. This agreement does not constitute an endorsement by the IRS as to the quality of the program or its contribution to the professional competence of the enrolled individual. Credit earned by attendees with a PTIN will be reported directly to the IRS as required of all providers. To ensure your CPE hours are reported, update your profile in My Account to include your PTIN number. Please note: IRS CE is only mandatory for EAs and ERPAs. For all other tax return preparers, CE is voluntary.

NASBA APPROVED

MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478

MY-CPE LLC (Sponsor Id#: 143597) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors.

Looking to fulfill your Enrolled Agent (EA) Continuing Education (CE) requirements? MY-CPE online Enrolled Agent CE courses are the best for you. Earn EA CE Credits while enhancing your domain knowledge and expertise in diverse tax regulations and practices. Our courses are designed to provide you with the latest updates and deep insights to keep you ahead in your field. With flexible scheduling and a user-friendly platform, MY-CPE offers you a greater convenient and interactive learning experience. Join MY-CPE today and take the next step in advancing your career as an Enrolled Agent. 

About Instructor

Top Tax Speaker | Jason Dinesen

Jason Dinesen , EA

President, Dinesen Tax & Accounting, P.C.

  • 4.6
  • rating
  • rating
  • rating
  • rating
  • rating

Jason Dinesen is a seasoned tax professional, educator, and entrepreneur with a passion for simplifying complex tax concepts. He is a go-to expert in accounting, bookkeeping, tax preparation, business advisory and interpretations of tax laws and regulations.


Jason has trained over 200,000 accounting, tax, and HR professionals through his engaging presentations, webinars, and self-study courses. Sharing his knowledge in the classroom, teaches Individual Income Tax and Business Analytics at Simpson College, where he earned his degree in corporate communications.  

He has delivered numerous webinars on topics like: 

  • Form 1099 (MISC & R) 
  • Taxation of marriage and modern-day household issues 
  • Tax updates and guidance 
  • The new Form W-4 and payroll updates 
  • Tax credits, filing statuses, and more


Who Jason really is

He is a Whiskey Lover mastering the art of whisky tasting, a football fan, a craft man holding Chainsaw and Pen by IRS. Born and raised in Iowa, Jason leads a vibrant life with his wife, two sons, five cats, and three dogs. 

On Demand FAQs

What is Self Study (QAS)?

Self Study QAS (Quality Assurance Service) is a NASBA and other regulatory bodies approved program designed for Professionals to complete their Continuing Professional Education credits through self-paced, interactive courses that meet the highest standards of quality and compliance. We are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies.

How do I earn CPE credits through self-study?

To earn CPE credits, you must complete the self-study course, pass the required assessments, and submit the necessary documentation. Credits are awarded based on the completion of course hours and successfully passing the assessments.

Are the self-study courses approved by NASBA and other regulatory bodies?

Yes, all our self-study courses are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies, ensuring they meet the rigorous standards for quality and educational content set by these organizations.

What are the requirements to maintain compliance with self-study courses?

To maintain compliance, you must follow the guidelines set by NASBA and other regulatory bodies, which include completing the course within the specified timeframe, passing the assessments, and keeping accurate records of your learning activities.

How can I access my course completion certificates?

After successfully completing a self-study course and passing the assessments, you can access and download your course completion certificates from your account dashboard on our platform. These certificates are recognized by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies for compliance and reporting purposes.

How are credits reported to governing bodies?

We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.

Reviews and Ratings

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JE

Jovan Eley,

5

My overall experience was fantastic. From the easy-to-understand lectures to even the tests provided me with a better understanding of the material being studied. I deeply appreciate the courses being offered and instructors for the hard work and dedication given.

My CPE

My CPE, Tax Advisor

5

This is very knowledgeable course. It tackles all kinds of scenarios that you may use in the future when dealing with tax and be well aware of the deductions that you may have.

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