Master the Essentials of U.S. Individual Tax Filing.
Explore income reporting methods and related schedules.
Avoid common errors with proven tax-filing tips.
Discover essential forms and how they integrate with 1040.
Get familiar with associated forms and their interconnections.
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Why Professionals Trust Our Practical Training Programs
Programs designed to build skills for more workplace efficiency.
Comprehensive tax training aligned with industry standards.
Supportive learning tools for application of knowledge.
Regular updates to course for staying with industry trends.
All Practical Training Programs Available Only in Teams Premium Plan
Sample Certificate
Course Details
What You’ll learn
Tackle tax filing with confidence and precision! Designed for professionals and individuals, this course dives into the structure of Form 1040 and its associated schedules. Covering income reporting, deductions, and filing best practices, it’s perfect for those seeking clarity and efficiency in preparing individual tax returns.
Major Topics covered
Form 1040 Breakdown: Sections and Purpose
Salary, Wages, and Income Reporting Essentials
Tax Deductions and Filing Best Practices
Related Schedules and Their Applications
Common Filing Errors and How to Avoid Them
Recommended For
Tax practitioners endeavoring to deepen their acumen in individual tax preparation and stay abreast of evolving regulations.
Individuals aspiring to gain a comprehensive understanding of their personal tax obligations to maximize returns and ensure compliance.
Financial advisors seeking to enhance their advisory services with nuanced tax knowledge.
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. The Ultimate Guide to Form 1040 and Associated Schedules
44 Mins
1 Session
Play Now - The Ultimate Guide to Form 1040 and Associated Schedules
2. Demystifying Your Salary and Wages: A Comprehensive Overview
2 Hrs, 30 Mins
7 Sessions
Play Now - Understanding Your Salary & Wages Statement
Play Now - How to Handle Overpaid Social Security and Additional Medicare Taxes
Play Now - Allocated Tips on Your W-2: What They Mean and How to Report Them
Play Now - Step-by-Step Guide to Filing Form 2441 for Dependent Care Credits
Play Now - How to Get a Tax Credit for Your 401(k) Contributions
Play Now - Everything You Need to Know About Adoption Credits and Qualified Expenses
Play Now - How to Benefit from HSA Contributions and Tax Deductions
3. Managing Interest Income and Investment Costs
42 Mins
1 Session
Play Now - Managing Interest Income and Investment Costs
4. A Deep Dive into Dividend Income
1 Hr, 24 Mins
2 Sessions
Play Now - A Deep Dive into Dividend Income - Part 1
Play Now - A Deep Dive into Dividend Income - Part 2
5. Securing Your Golden Years: Key Concepts in Retirement Income and Contributions
2 Hrs, 29 Mins
5 Sessions
Play Now - Unlocking the Tax Benefits of IRA Contributions for a Secure Retirement - Part -1
Play Now - Unlocking the Tax Benefits of IRA Contributions for a Secure Retirement - Part -2
Play Now - Tax Consequences of IRA Distributions on Your 1040 Return Part -1
Play Now - Tax Consequences of IRA Distributions on Your 1040 Return Part -2
Play Now - Understanding SEP Plans: How They Benefit Small Business Owners
6. Tax Filing with Social Security Benefits
41 Mins
1 Session
Play Now - Tax Filing with Social Security Benefits
7. What to Know About Capital Gains from Personal Asset Sales
1 Hr, 11 Mins
3 Sessions
Play Now - Tax Advantages of Selling Your Primary Home
Play Now - Selling Your Investments? Here’s How Capital Gains Are Taxed Part -1
Play Now - Selling Your Investments? Here’s How Capital Gains Are Taxed Part -2
8. Gambling Income: A Complete Guide to Tax Rules
7 Mins
1 Session
Play Now - Gambling Income: A Complete Guide to Tax Rules
9. The Complete Tax Toolkit for Small Business Owners: From Profits to Deductions
7 Hrs, 7 Mins
18 Sessions
Play Now - Overview of Profit or Loss From Business - Schedule C
Play Now - Navigating Taxes with Nonemployee Compensation
Play Now - Essential Depreciation Methods and Types: A Master Guide Part -1
Play Now - Essential Depreciation Methods and Types: A Master Guide Part -2
Play Now - Essential Depreciation Methods and Types: A Master Guide Part -3
Play Now - Vehicle Expense Deductions Made Easy: A Complete Guide
Play Now - Claim Your Space: The Secrets of Form 8829 for Home Office Expenses Part -1
Play Now - Play Now - Claim Your Space: The Secrets of Form 8829 for Home Office Expenses Part -2
Play Now - The Self-Employed Blueprint: Mastering Taxes and Health Insurance Essentials Part -1
Play Now - The Self-Employed Blueprint: Mastering Taxes and Health Insurance Essentials Part -2
Play Now - The Ultimate Guide to Qualified Business Income Deductions: Save Big!
Play Now - How to Calculate Gains from Business Property Sales? Part -1
Play Now - How to Calculate Gains from Business Property Sales? Part -2
Play Now - Like Kind Exchange- Theory
Play Now - Like Kind Exchange- Practical
Play Now - A Comprehensive Overview of Form 6252 for Installment Sales Reporting
Play Now - Understanding the Tax Implications of Bulk Sales
Play Now - Debt Relief: What Happens When Your Debt is Canceled?
10. Your Roadmap to Supplemental Income: Mastering Schedule E Reporting
1 Hr, 27 Mins
3 Sessions
Play Now - Your Roadmap to Supplemental Income: Mastering Schedule E Reporting Part -1
Play Now - Your Roadmap to Supplemental Income: Mastering Schedule E Reporting Part -2
Play Now - Your Roadmap to Supplemental Income: Mastering Schedule E Reporting Part -3
11. Understanding of Schedule K-1 & PTP Units sold
2 Hrs, 26 Mins
5 Sessions
Play Now - Schedule K-1 (1065) Part -1
Play Now - Schedule K-1 (1065) Part -2
Play Now - Schedule K-1 (1065) Part -3
Play Now - Schedule K-1 (1065) Part -4
Play Now - Effective Strategies for Selling PTP Units
12. Simplifying Health Insurance: A Clear Look at Coverage and Benefits
48 Mins
2 Sessions
Play Now - Understanding Health Insurance in the USA
“This course delivered exceptional clarity on complex tax topics! The content was structured perfectly, and I now feel far more confident navigating IRS Form 1040 intricacies. 💡 Thank you, MYCPE ONE!”
Ashley Brown, CPA
Senior Tax Consultant
Thorough and Practical
“This was a thorough and practical course that went beyond the basics. The real-life examples made it easy to apply what I learned. Highly recommend it to anyone in the tax field!”
Mark T Williams, EA
Tax Advisor
Best Learning Experience!
“My first course on MYCPE ONE, and I’m blown away! The platform is intuitive, the instructors are fantastic, and the course content was just spot-on. 🎓 Can’t wait to take more courses here.”
Lisa Henderson, AFSP
Tax Preparer
Perfect for Professionals
“As a Tax Associate, I found this course immensely valuable. It bridges the gap between theory and application seamlessly. The quizzes were fair, and the resources provided are top-notch.”
James Watson, CRTP
Tax Associate
Simplified the Complex
“Filing taxes is no small feat, but this course simplified it beautifully. The modules were well-organized, and the instructor made even the trickiest topics easy to understand. Loved it! 💼”
Sarah Martinez, ORTP
Tax Analyst
Great Learning Platform
“MYCPE ONE has done it again! This course was engaging, informative, and well-paced. The platform's user-friendly interface and excellent customer service make learning a joy. 🚀”
Rachel Peterson, ChFC
Financial Consultant
Practical and Engaging
“This course is packed with real-world examples that make complex topics approachable. The sessions on depreciation and dispositions were particularly insightful. Loved the clarity and structure! myCPE nailed it! 👏”
Emily Carter, CPA (US)
Tax Advisor
Above Expectations
“This course exceeded my expectations in every way. The detailed breakdown of tax codes and regulations was incredible, and the downloadable materials are a lifesaver during tax season. Thanks, MYCPE ONE!”
Michael Reed, PFS
Certified Financial Planner
Worth Every Penny
“At first, I wasn’t sure about enrolling in an online course, but this was worth every penny. The insights into tax compliance and best practices were invaluable. 🌟”
David Hernandez, FSCP
Financial Tax Consultant
Enjoyable and Informative
“I didn’t expect a tax course to be this enjoyable! The instructor was engaging, and the course offered practical knowledge I can use right away. Plus, the certificates are easy to share! 😊”
Victoria Harper, RICP
Tax Specialist
Frequently Asked Questions
This course covers critical areas such as understanding complex deductions and credits, itemized and standard deductions, advanced filing statuses, tax planning strategies, and essential IRS compliance requirements, preparing participants for professional success in tax preparation.
This course is ideal for tax preparers, accountants, and IRS compliance specialists who want to deepen their expertise in individual tax compliance. It's also recommended for career shifters and students aspiring to grow in the accounting and tax domain.
Practical learning is highlighted through real-world case studies, detailed examples, and quizzes with explanations. This approach ensures participants can apply theoretical knowledge to practical tax scenarios confidently.
Participants receive access to expertly curated materials, including instructor-led videos, downloadable resources, and step-by-step guidance on filing advanced tax returns. These resources ensure a deeper understanding and practical readiness.
The instructors are seasoned tax professionals with extensive experience in IRS compliance, tax planning, and preparation. Their insights provide a hands-on, practical approach to mastering intermediate-level tax concepts.
Completing the course opens doors to roles such as Tax Associate, Income Tax Preparer, IRS Compliance Specialist, Tax Analyst, and Accounting and Tax Advisor. Entry-level positions start at $59,263 annually, with experienced professionals earning upwards of $189,641.
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