Qualified Opportunity Funds & Zones: Rules & Requirements for Operating & Investing Webinar (4 Hours)

Overview: 

Constant changes to the tax code make Form 1040 preparation an ongoing adventure. This continually updated webinar gives you the confidence to:

  • Prepare tax forms, schedules and worksheets using the most recent forms available
  • Gain a working knowledge of tax law
  • Understand recent developments affecting individual tax returns

 

Objective: 

To give financial professionals a thorough review of, and an update on, Form 1040s. You will survey expiring tax law provisions. You will also examine areas of the form that can cause confusion.

Emphasis: 
  • Impact of the Tax Cuts and Jobs Act on preparation of Form 1040
  • Treatment and outlook for expiring tax law provisions
  • 3.8% net investment income tax
  • 0.9% additional Medicare tax
  • Premium tax credit and individual responsibility
  • Dependency exemptions and phaseouts
  • Kiddie tax and child tax credit
  • Education credits and education-related expenses
  • Itemized deductions, limitations and phaseouts
  • Capital gains tax
  • Sale of principal residence
  • Treatment of rental activities
  • Employee business expenses
  • Miscellaneous deductions limitation and exceptions
  • Tax credits for adoption, dependent care and other personal tax credits
  • Alternative minimum tax and credits
  • Pension, retirement and IRA basics
Bottom
Prerequisite: 

None.

Preparation: 

No advance preparation required.

Level of Knowledge: 

Basic.

CPE Credit: 
4.00
NASBA Field of Study: 
Taxes