Companion to PPC's Deskbook - Course 2 - Selected Tax Calculations and Credits (TDBTG202)  

Identify what qualifies as a lump-sum distribution, the general rules for distributing employer securities, and how to roll over a lump-sum distribution.

Recognize the best methods for dealing with excess contribution, early distribution, and excise taxes.

Determine how to address certain other taxes, such as the net investment income tax (NIIT), the Medicare tax on earned income, and the requirement to maintain essential health insurance coverage.

Identify the effects of the child and dependent care credit, the adoption credit and income exclusion, the child tax credits, and the American opportunity and lifetime learning credits on Form 1040.