Course Information

[click to return to the previous page]

1040 Preparation and Planning Part 2: Gross Income (2008 Edition)
Author: Sidney Kess and Barbara Weltman

Description:

The purpose of this series of courses is to bring the tax preparer "up-to-speed" in the most efficient way possible for the tax preparation season.

It offers quick answers and hands-on help for tax return preparation that has become increasingly complex by several recently passed tax Acts.

This second course in the series covers gross income from all sources, as well as exclusions and inclusions to gross income.

Topics examined include how to report wages and benefits, including all forms of compensation, as well as which benefits are taxable and which are excludable from income; total interest from banks, savings and loan associations, credit unions, savings bonds, and tax refunds; and miscellaneous exclusions and inclusions not covered elsewhere, as well as how to recognize excludable and includable types of income.

Course Details:
Price:  $60.00
Field of Study:  Taxes
Prerequisites:  1040 Preparation and Planning Part 1: Fundamentals (2008 Edition)
Level:  Basic
CTEC course number:  1075-CE-4995
Course was last updated on:  11/27/07
[click to buy this course]
Library:
This course does not belong to any Specialty Libraries.

Technical Requirements:
To view and print downloadable content files available in this program, you will need Adobe Acrobat Reader. You can download the free Reader plugin at Adobe's website by clicking on the icon below, then following the instructions for installation on your computer.
[click to download acrobat reader]
Credit Available For: Units
CPE 4.0 CPE
QAS 4.0 CPE
CFP® (Accepted by the CFP Board) 4.0 CPE
Enrolled Agent (Accepted by the IRS) 4.0 CPE
CTEC Federal 4.0 CE

Note: Recommended CPE credit is based on a 50-minute hour. Participants earning credits for states that require self-study to be based on a 100-minute hour will receive half the recommended CPE credits for successful completion of this course.

Since Continuing Professional Education requirements vary from state to state and are subject to change without notice, please contact your state board of accountancy for information on your CPE requirements and the applicability of this course to meet those specifications.

CCH has been approved by the California Tax Education Council to offer courses that provide federal and state credit towards the annual "continuing education" requirement imposed by the State of California. A listing of additional requirements to register as a tax preparer may be obtained by contacting CTEC at P.O. Box 2890, Sacramento, CA, 95812-2890, toll-free by phone at (877) 850-2832, or on the Internet at www.ctec.org.

User Reviews
Reviewer: Cali R. submitted on 12/01/2008
clear outline and final exam keept me engaged
Reviewer: Sarah R. submitted on 11/19/2008
Interest & Dividends section - most useful
Reviewer: Kent H. submitted on 11/19/2008
Level of detail
[click to buy this course]