Earn Hands-on Skills in U.S. Individual Tax Domain
Unveil the Basics of the U.S. Individual Tax Under Expert’s Guidance.
Dive into Holistic Learning with Extensive Topic Exploration.
Nurture the Skills to Navigate Individual Tax Domains.
Perfect Fit for Individuals and Businesses Pursuing a Brief-Impactful Learning Journey.
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Programs designed to build skills for more workplace efficiency.
Comprehensive tax training aligned with industry standards.
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Sample Certificate
Course Details
What You’ll learn
This is an introductory course to individual taxes. This course simplifies intricate tax principles, offering a straightforward introduction to U.S. individual taxes, and covers aspects including tax structure, filing requirements, form overview, filing, and more. It includes theoretical and practical aspects of crucial topics that help you hone the skills to navigate individual tax returns.
Start your tax journey with the U.S. Individual Tax – Beginner’s Edition course today with myCPE…!
Major Topics covered
Filing requirements
Form overview
Preliminary Work with Taxpayer Data
Filing status
Dependents
Income
Additional Income _ other income
Adjustment to Income - Deduction
Credit – Non-refundable
Credit - refundable
Payments
Additional Taxes
Deduction
Schedule A - Medical Exp
Sch A - Taxes, Interest Paid, Gifts to Charity, Others
Sch C - Business Income & Expenses, Office in Home
Sch D - Short Term, Long Term, Others
Sch E - Rental
Sch F- Farm income
Self-review - Diagnostic error
Depreciation
Recommended For
Newcomers to taxation for foundational U.S. individual tax principles.
Entry-level tax professionals enhancing skills in handling individual tax matters.
Small business owners and self-employed individuals eager to understand U.S. tax regulations.
Aspiring tax advisors or preparers building a beginner-friendly foundation in taxation.
Disclaimer : Before attending any course, please verify that the credit details align with your qualification requirements. This certificate is designed to help you acquire new skills and knowledge, which may or may not fulfill specific compliance criteria. While we have made every effort to ensure our courses adhere to compliance standards, we recommend reviewing the details to confirm applicability for your needs.
Course Modules
Course Title
Time
Total Session
1. Understanding the US Tax System
20 Mins
3 Sessions
Intro to Tax structure
Understanding the Various Types of Taxpayer
Explanation of Commonly used terms
2. Essential Filing Requirements for Form 1040
18 Mins
1 Session
Key Considerations for Form 1040 Filing Thresholds
3. An Overview of Form 1040
18 Mins
2 Sessions
Intro to Form 1040
Types of Form 1040
4. Introductory Analysis of Taxpayer's Records
29 Mins
2 Sessions
Preliminary Work with Taxpayer's Data
All about Client Organiser/Tax Organiser
5. Understanding Filing Status in Form 1040
12 Mins
1 Session
Exploring the Various Filing Status Options in Form 1040
6. Understanding Dependents on Form 1040
12 Mins
1 Session
Key Considerations of Dependents while Filing Form 1040
7. Considerations for Various Income Reporting on Individual Tax Form 1040
1 Hr, 15 Mins
5 Sessions
Income Reporting - Wages (W-2)
Income Reporting - Interest
Income Reporting - Dividend
Income Reporting - Form 1099-R
Income Reporting - SSA - 1099
8. Navigating Additional & Other Income Sources
39 Mins
5 Sessions
Understanding Schedule 1- Part I of the 1040 Form
Guide to Form 1099G
Understanding Alimony Received in Divorce Cases
All about Form W-2G
All about Form 1099-C
9. Navigating Adjustments to Income for U.S. Individual Taxpayers
1 Hr, 11 Mins
7 Sessions
Understanding Schedule 1- Part II of the 1040 Form
Understanding the Educator Expense Deduction
All about HSA Deduction
All about SEHI Deduction
Penalty Impact on Early Savings Withdrawals
All about IRA Deduction
Understanding Student Loan Interest Deduction
10. Overview of Non-Refundable Tax Credits for US Taxpayers
52 Mins
5 Sessions
Understanding Eligibility and Calculating the Child & Dependent Care Credit
Understanding Eligibility and Calculating the Child & Dependent Care Credit
All about Form 1098 - T (AOTC, LLC)
A Pathway to Enhanced Retirement Savings
Exploring the Residential Energy Credit
11. Exploring Refundable Tax Credits
15 Mins
2 Sessions
All about Excess SS Tax Withheld
Understanding Tax Credits: CTC, ACTC, and ODC
12. Navigating US Individual Tax Payments
12 Mins
2 Sessions
Understanding Estimated Tax Payments
Understanding Form 4868 Extension
13. Understanding Additional Taxes
34 Mins
4 Sessions
Self Employement Tax
Household Employment Taxes
Additional Medicare Tax
Net Investment Income Tax
14. Exploring the Standard Deduction for Individuals
12 Mins
1 Session
All about Standard and Itemized Deduction
15. Overview of Sch A - Medical & Dental Exp
19 Mins
1 Session
All about Medical Expenses, Insurance, and Medicare
16. Overview of Sch A - Taxes
13 Mins
1 Session
An Overview of SALT, Real Estate, and Personal Property Taxes
17. Overview of Sch A - Interest Paid
15 Mins
1 Session
Understanding Home Mortgage and Investment Interest
18. Overview of- Sch A - Gifts to Charity
13 Mins
1 Session
Understanding Cash & Non-Cash Charity
19. Sch A - Others
20. Overview of Sch C - Business Income
22 Mins
1 Session
Understanding Business Revenue Components
21. Overview of Sch C - Business Expenses
56 Mins
1 Session
Understanding Business Expense Components
22. Overview of Sch C - Office in Home
16 Mins
1 Session
Form 8829
23. Overview of Sch D - Capital Transaction
15 Mins
1 Session
Understanding Sch D - Short & Long Term Transactions
24. Overview of Sch E - Rental
18 Mins
1 Session
Understanding Key Rental Income and Expense Categories
25. Overview of Sch F- Farm Income
15 Mins
1 Session
Farm Income
26. Self-Review of Diagnostic Errors
8 Mins
1 Session
Navigating Diagnostic Errors: Types and Resolutions
27. All about Self-Reviewing
12 Mins
1 Session
Understanding the Open Points
28. All about Normal Depreciation
12 Mins
1 Session
Exploring Normal Depreciation
29. All about Special Depreciation
8 Mins
1 Session
Exploring Special Depreciation
30. Drake Software : A Hands-On Guide to Form 1040 Preparation
1 Hr, 36 Mins
2 Sessions
Practical Part - 1
Practical Part - 2
31. Final Quiz
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“A very good course with comprehensive coverage. Truly detailed in its areas, yet the simple-to-understand language makes it effective. Thank you MYCPE ONE…! 👍”
Martin Ramirez, CPA(US)
Tax Consultant
Great speakers
“The speakers conducted the course really great. Efficiently handled certain complexities, and some simulations are really insightful in the application of tax knowledge.”
Earl Scott, EA
Tax Advisor
Crucial aspects covered
“Crucial concepts covering various tax basics, with examples for a correct understanding. Loved that the course included various forms and their understanding.”
Jeannette Albrecht, CRTP
Tax Specialist
A great learning for novices
“The 'U.S. Individual Tax – Basic' course is good for beginners. The effective delivery style provided the confidence and basic understanding required for individual tax. 🌟”
Louise S. Skelton, ChFC
Financial Planner
Very useful material
“The U.S. Individual Tax – Beginner’s Edition course provides good strong handouts and supporting material. Handouts supplement the overall learning experience. 📚 MYCPE ONE offers the best courses.”
Steven Worrell, PFS
Tax Consultant
Real-world examples shared
“Real-world examples provide an understanding that helps make decisions with clarity. Loved the fundamental aspects covered in the course.”
Ida R. Bui, AFSP
Tax Preparer
Engaging course
“The course is really great as it engages you. Several practical aspects covered in the course were helpful. I loved the experience of taxes being an easy subject. 🤩”
Neal C. Murdock, RICP
Retirement Planner
Absolutely easy course
“Cannot believe an online course can be this easy, simple, and helpful! Practical and actually fun to learn if you are interested. Will definitely recommend it and return for more courses on MYCPE ONE.”
Richard J. Pearce, CASL
Financial Consultant
Practical value course for entry-level
“The course is packed with practical value. Covers practical aspects with an evaluative approach. Simulations were really helpful, and experts 👨🏫 covered the subject thoroughly.”
Connie J. Gutierrez, DE LPA
Licensed Public Accountant
Tax essentials covered
“This Individual Income tax course is very effective in including the required areas. Clear, inclusive, and helps with an invaluable skill set for professionals. 🏆 Only possible with MYCPE ONE.”
Angela A. Turpin, ME LPA
Tax Consultant
Frequently Asked Questions
This course takes a deep dive into U.S. individual taxes, covering topics like tax structures, filing criteria, an overview of tax forms, and guidance on filing.
It's ideal for individuals interested in a concise, practical U.S Individual Tax training, professionals in tax firms looking to deepen their expertise, and anyone eager for a thorough grasp of U.S. individual taxes.
The course features more than 25 real-world simulations and case studies, accompanied by over 170 quizzes with detailed explanations, ensuring an immersive, hands-on learning encounter.
Participants get in-depth course materials, and downloadable PDFs rich with practical case studies, simulations, and quizzes to strengthen their understanding of individual tax concepts.
Led by seasoned individual tax experts, the individual income tax course offers insights from professionals with extensive real-world experience, ensuring the teachings are both practical and relevant to current industry practices.
Graduates can explore roles like Tax Executive, Associate, Senior, Manager, or Specialist, with the course laying a strong foundation for a long and successful career. Salary prospects range from $58,500 for entry-level positions to upwards of $102,000 at the professional level.
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