Fundamentals of Individual Tax Preparation: A Concise Study Guide for Individual Tax Preparation

This Individual Tax Study Guide is prepared for those who are new to the tax preparation field to get a good tour of the tax return. It outlines the most important tax topics in a no-nonsense, simple, and hands-on approach. Professional tax preparers can also refresh their focus and perhaps stop the bad education at work or tax software. The book includes an analysis of all the taxpayer's income that comes in many disguises: Self Employment Tax and Estimated Tax. Qualified Business Income and the new 20% QBI Credit. The interset, Dividends, and Foreign income. Capital Gains and losses from the sale of your properties and capital assets such as stocks, jewelry, and other households on eBay or Craigslist. We will also explain how to make ADJUSTMENTS TO INCOME to reduce the taxable amounts as well as Itemized Deductions and Tax Credits