2023 Professional Tax Preparer: Personal Income Tax Preparation (Modules 1 and 2)
Personal Income Tax Preparation PTP 2023 Mod 1: Establishing The Tax Foundation PTP 2023 Mod 2: Becoming the 1040 Expert Retail Price $1,460
Course Category: Tax
$1,159.00
Welcome and Introduction
with Roger Knecht
- Establishing the Tax Foundation: Learn the entire process for determining income and adjustments to income, which will factor into the Adjusted Gross Income
- Becoming the 1040 Expert: Understand all the adjustments that can be made to adjusted gross income, including credits that are allowed and different types of deductions and exemptions that can be taken against that adjusted gross income number
$AVE your clients money every year by becoming their Tax Expert
The best time to become a Tax Specialist is NOW
Isn’t all tax knowledge only put to use in April?
When it comes to filing taxes, are most people PROACTIVE or REACTIONARY?
When it comes to filing taxes, are most people PROACTIVE or REACTIONARY?
What makes DATA’s course so unique?
Convenient At-Home Learning
The Professional Tax Preparer™ Certification Program consists of 67 hours of training. Our tax preparation courses include books and worksheets (over 600 pages of instruction and reference materials). In this engaging and interactive self study tax training course, you have the flexibility to complete the courses in a way that fits your life. The course is taught by our experienced tax accounting professionals who give practical advice on not only tax issues, but also provide real-world solutions to give you the edge in productivity and profitability. Our instructors know about the certain challenges you will face because they have been there themselves.
Course curriculum
Video: Getting Started
Welcome from your Coach
Get your PTIN NOW!
Now start the paperwork for your EFIN!
Printing Errors in Manual
Introduction
Table of Contents
Now it is time to introduce yourself
Taxation Basics (M1S1)
Video: Who has to file? (M1 S1 T1)
Who has to file? (M1 S1 T1)
Video: Which form to use? (M1 S1 T2)
Which form to use? (M1 S1 T2)
Video: When You Must File (M1 S1 T3)
When you must file? (M1 S1 T3)
Video: Filing Status (M1 S1 T4)
Filing Status (M1 S1 T4)
Video: Dependents (M1 S1 T5)
Dependents (M1 S1 T5)
Video: Review of Getting Started (M1 S1 T7)
Speak to your peers.
Module 1 Session 1: Review Questions
Module 1 Chapter 1 Learning Activities
Module 1 Chapter 1 Learning Activies Solutions
Prime Corporate Services
Video: Gross Income (M1 S2 T1)
Video: Wages and Other Compensation (M1 S2 T2)
Wages and Other Compensation (M1 S2 T2)
Video: Employee vs Self-Employed Contractor (M1 S2 T3)
Employee VS Independent Contractor (M1 S2 T3)
Video: Tips (M1 S2 T4)
Tips (M1 S2 T4)
Video: Form W-2 (M1 S2 T5)
Form W-2 (M1 S2 T5)
Form 1099-NEC (M1 S2 T6)
Form W-4 (M1 S2 T7)
Video: Session 2 Review (M1 S2 T7)
Module 1 Session 2: Review Questions
How to submit an assignment:
Download Module 1 Chapter 2 Learning Activity
Module 1 Chapter 2: Wage Salary and Tips: LA Solutions
Video: Intro (M1 S3 T1)
Video: Taxable Interest (M1 S3 T2)
Taxable Interest (M1 S3 T2)
Video: Non-taxable Interest (M1 S3 T3)
Non-Taxable Interest (M1 S3 T3)
Video: Form 1099-INT (M1 S3 T4)
Form 1099-INT (M1 S3 T4)
Video: Dividend Income (M1 S3 T5)
Dividends (M1 S3 T5)
Video: Form 1099-DIV (M1 S3 T6)
Form 1099-DIV (M1 S3 T6)
Session 3 Video: Review (M1 S3 T7)
Module 1 Session 3: Review Questions (M1 S3 T7)
Download Module 1 Chapter 3 Learning Activity
Module 1Chapter 3: Schedule B: LA Solutions
Video: Intro (M1 S4 T1)
Video: Self-Employment and Farm Income (M1 S4 T2)
Self-Employment (M1 S4 T2)
Video: Schedule C (M1 S4 T3)
Schedule C (M1 S4 T3)
Video: Schedule F – Farming (M1 S4 T5)
Schedule F (M1 S4 T5)
Video: Session 4 Review (M1 S4 T6)
Module 1 Session 4: Review Questions (M1 S4 T6)
Download Module 1 Chapter 4 Learning Activity
PTPM1S4 Schedules C and F LA Solutions
Turning in assignments
Video: Intro Capital Gain or Loss (M1 S5 T1)
Video: Capital Assets (M1 S5 T2)
Capital Assets (M1 S5 T2)
Video: Basis (M1 S5 T3)
Basis (M1 S5 T3)
Video: Capital Gains Tax Rates (M1 S5 T4)
Capital Gain Tax Rates (M1 S5 T4)
Kinds of Transactions
Video: Schedule D (M1 S5 T5)
Form 8949 and Schedule D (M1 S5 T5)
Video: Review (M1 S5 T6)
Module 1 Session 5: Review Questions (M1 S5 T6)
Download Module 1 Chapter 5 Learning Activity
Module 1 Chapter 5: Form 8949 and Schedule D: LA Solutions
Establishing the Tax Foundation: RECORDED Review Class Part 1 (Chapters 1-5)
Video: Introduction (M1 S6 T1)
Video: IRA Distributions (M1 S6 T2)
IRA Distributions (M1 S6 T2)
Video: Pensions and Annuities (M1 S6 T3)
Pensions, Annuities & Other Retirement Income (M1 S6 T3)
Rollovers and Other Distribution Rules
Video: Form 1099-R (M1 S6 T4)
Form 1099-R (M1 S6 T4)
Video: Social Security Benefits (M1 S6 T5)
Social Security and Railroad Retirement Benefits (M1 S6 T5)
Video: Session 6 Review (M1 S6 T6)
Module 1 Session 6: Review Questions (M1 S6 T6)
Download Module 1 Chapter 6 Learning Activity
Module 1Chapter 6: Retirement Income: LA Solutions
Video: Introduction (M1 S7 T1)
Video: Schedule E (M1 S7 T2)
Income or Loss from Rental Property
Video: Rental Income (M1 S7 T3)
Video: K-1 and Royalties (M1 S7 T4)
Income or Loss from Royalties
Schedule E, Part I
Income or Loss from Partnerships and S Corporations, Estates and Trusts
Schedule E, Parts II – V
Video: Session 7 Review (M1 S7 T5)
Module 1 Session 7: Review Questions
Download Module 1 Chapter 7 Learning Activity
Module 1 Chapter 7: Schedule E: LA Solutions
Video: Introduction
Video: Taxable Refunds and Unemployment Compensation
Taxable Refunds & Unemployment Compensation
Video: Alimony Received
Child Support & Alimony Received
Video: Sale of Business Property
Sale of Business Property
Video: Form 4797
Form 4797 – Sales of Business Property
Video: Other Income
Other Income – Reported on Schedule 1
Video: Review
Module 1 Session 8: Review Questions
Download Module 1 Chapter 8 Learning Activity
Module 1 Chapter 8: Other Types of Income: LA Solutions
Video: Introduction
Video: Educator Expenses
Educator Expenses
Video: Certain Business Expenses
Certain Business Expenses
Video: Moving Expenses
Moving Expenses
Video: One-Half Self-Employment Tax
One-Half Self-Employment Tax
Video: Review
Module 1 Session 9: Review Questions
Download Module 1 Chapter 9 Learning Activity 1
Download Module 1 Chapter 9 Learning Activity 2
Module 1 Chapter 9: Occupational Adjustments: LA Solutions
Video: Introduction
FREE PREVIEWVideo: IRA Deduction
Video: Self-Employed Retirement Plans
Video: Self-Employed Retirement Plans – SEP
Video: Self-Employed Retirement Plans – SIMPLE
Video: Self-Employed Retirement Plans – Qualified plans
Self-Employed Retirement Plans
Video: Penalty on Early Withdrawal of Savings
Penalty on Early Withdrawal of Savings
Video: Student Loan Interest Deduction
Student Loan Interest Deduction
Video: Health Savings Deduction
Health Savings Account Deduction
Video: Self-Employed Health Insurance Deduction
Self-employed Health Insurance Deduction
Video: Alimony Paid
IRA Deduction
Video: Uncommon Personal Other Adjustments
Other Adjustments
Charitable Contributions
Video: Review
Module 1 Session 10: Review Questions
Download Module 1 Chapter 10 Learning Activity
Module 1 Chapter 10: Retirement Educational and Other Personal Adjustments: LA Solutions
Module 1 Review – CHAT
Establishing the Tax Foundation: RECORDED Review Class Part 2 (Chapters 6-10)
Module 1 Index
Professional Tax Preparer – Module 1 – Practice Exam 2023
Video: Introduction
Introduction
Corrections to Printed Manual
Table of Contents
Video: Standard or Itemized Deductions
Standard Deduction
Medical and Dental Expenses
Video: Taxes Paid
Taxes Paid
Video: Review
Module 2: Session 1: Review Questions
Download Module 2 Chapter 1 Learning Activity 1
Download Module 2 Chapter 1 Learning Activity 2
Download Module 2 Chapter 1 Learning Activity 3
Module 2 Chapter 1: Schedule A Part A: LA Solutions
Video: Introduction
Video: Interest Paid
Interest Paid
Video: Gifts to Charity
Gifts to Charity
Video: Casualty and Theft Losses
Casualty and Theft Losses
Video: Review
Module 2: Session 2: Review Questions
Download Module 2 Chapter 2 Learning Activity 1
Download Module 2 Chapter 2 Learning Activity 2
PTPM2S2 Schedule A Part B LA Solutions
Video: Introduction
Video: Other Miscellaneous Deductions
Job Expenses
Video: Deduction Limitiation
Miscellaneous Deductions
Video: Review
Module 2: Session 3: Review Questions
Download Module 2 Chapter 3 Learning Activity
PTPM2S3 Schedule A Part C LA Solutions
Deductions
Video: Introduction
Video: Using Tax Tables
How to use the Tax Table
Video: Alternative Minimum Tax
Alternative Minimum Tax
Shared Responsibility Payment and Tax Tables
Check in with your community
Video: Review
Module 2: Session 4: Review Questions
Download Module 2 Chapter 4 Learning Activity 1
Download Module 2 Chapter 4 Learning Activity 2
PTPM2S4 Calculating the Tax LA Solutions
Video: Introduction
Video: Non-Refundable Tax Credits Part A
Video: Child Tax Credit
Child Tax Credit
Video: Child and Dependent Care Credit
Child and Dependent Care Credit
Video: Education Credits
Education Credits
Video: Review
Module 2: Session 5: Review Questions
Download Module 2 Chapter 5 Learning Activity 1
Download Module 2 Chapter 5 Learning Activity 2
Download Module 2 Chapter 5 Learning Activity 3
PTPM2S5 Non-refundable Credits Part A LA Solutions
Video: Introduction
Video: Residential Energy Credits
Residential Energy Credits
Video: Retirement Savings Contributions Credit
Retirement Saver’s Credit
Video: Credit for the Elderly and Disabled
Video: Other Credits
Other Credits
Video: Review
Module 2: Session 6: Review Questions
Download Module 2 Chapter 6 Learning Activity
PTPM2S6 Non-Refundable Credits Part B LA Solutions
Video: Introduction
Video: Self-Employment Tax
Self-Employment Tax
Video: Unreported Social Security and Medicare Tax
Unreported Social Security and Medicare Tax
Video: Additional Taxes on Tax-Favored Accounts
Additional Taxes on Tax-Favored Accounts
Video: Household Employment Taxes
Household Employment Taxes
Video: Review
Module 2: Session 7: Review Questions
Download Module 2 Chapter 7 Learning Activity 1
Download Module 2 Chapter 7 Learning Activity 2
Module 2 Chapter 7: Other Taxes: LA Solutions
Video: Introduction
FREE PREVIEWVideo: Withholding
Previous Tax Payments
Video: Estimated Tax Payments
Video: Request for Extension
Video: Earned Income Credit
Earned Income Credit
Video: Excess Withholding
Video: Additional Child Tax Credit
Additional Child Tax Credit
Premium Tax Credit
Other Refundable Credits
Video: Review
Module 2: Session 8: Review Questions
Download Module 2 Chapter 8 Learning Activity 1
Download Module 2 Chapter 8 Learning Activity 2
Module 2 Chapter 8: Payments and Refundable Credits: LA Solutions
Video: Introduction
Video: PTIN and EFIN
Tax Preparer ID Numbers
Video: Third Party Designee
Third Party Designee
Video: Signing the Return
Identity Protection PIN
Video: How to File
Filing the Return
Video: File by Mail
Video: E-File
Video: Amended Returns
Amended Returns
Video: Penalties
Penalties
IRS Tax Notices
Video: Review
Module 2: Session 9: Review Questions
Download Module 2 Chapter 9 Learning Activity
PTPM2S9 Closing the Return LA Solutions
Personal Income Tax Preparation: LIVE Review Class: Part 4
Module 2 Index
Professional Tax Preparer Module 2 Practice Exam
2023 Personal Income Tax Preparation Final Exam
Introduction to UAC Tax Software
- Continuing Education Program Evaluation
Business Owners are Taxpayers Too
YOU have many potential clients around you RIGHT NOW and we can prove it: Think of the area around your home. Picture a circle with a diameter of a couple miles with your home in the center. The several businesses within this circle need tax planning to $AVE them hard-earned earnings each year! Think of the local businesses where you have shopped in the last month. Have there been many? Those businesses where you’re a customer also need your help AHEAD of their tax payment coming due. Consider a list of your Friends and Family. Every person on this list also knows struggling Business Owners looking for an EXPERT to help them find ways to shrink their tax debt. These 3 examples just showed you where to start looking build your TAX PLANNING AND PREPARATION client base. Can you name one business owner who PREFERS to pay MORE than they owe to the government? Of course not! Each one needs a PRO to help them find every possible deduction and applicable tax break. Your goal is to set them up for SUCCESS beforehand. UA’s Profitable Business Returns is the education you need to become proficient in Business Tax planning and preparation.