- NY Credits : 6.0
- TX Credits : 6.0
- IRS Enrolled Agent Credits : Federal Tax/Tax Related Matters - 6.0
- IRS Non-Credentialed Return Preparer Credits : Federal Tax - 6.0
Individual Income Tax - Earned Income
Learn how to prepare the earned income section of IRS Form 1040. Learn all about the rules for wages, salaries, and tips. This course gives examples and presents a hands-on approach to completion of that portion of the individual income tax return. NOTE: This course has been evaluated and updated for impact from the Tax Cuts and Jobs Act. This basic level course is most beneficial to professionals new to the individual earned income area of Form 1040. It may also benefit an advanced professional with limited exposure to this topic.
Upon successful completion of this course, the user should be able to:
identify earned income,
recognize unearned income and give examples, and
complete the income section of Form 1040.