- NY Credits : 10.0
- TX Credits : 10.0
- IRS Enrolled Agent Credits : Federal Tax/Tax Related Matters - 10.0
- IRS Non-Credentialed Return Preparer Credits : Federal Tax - 10.0
2017 Individual Tax Overview
This course looks at changes in the area of personal income taxes as a result of recent federal tax laws and IRS regulations. The course covers updated information on the child tax credit, the kiddie tax, the AMT exemptions, Section 179 changes, and changes in charitable contribution documentation requirements. In addition to the new tax laws, the course provides an update to all inflation adjusted items applicable to individuals. Also covered are changes to tax provisions relating to the latest tax acts.
Upon successful completion of 2017 Individual Tax Overview, the user should be able to:
list tax rate changes;
apply gross income inclusions, exclusions, and trade or business deductions;
analyze IRAs and retirement plans;
calculate itemized deductions;
assess child and education tax credits; and
summarize alternative minimum tax.