Taxability of Earnings

Learn how the different types of income are taxed.

Taxability of Earnings

Learn how the different types of income are taxed.
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About the Class

What will you learn in this course?

In this course, you will learn how to handle different types of income for tax purposes and how to enter them in tax preparation software. The objectives of the course are listed below.

  • Learn how to handle wages, salaries, and tips
  • Learn how to complete Schedule B for interest, dividends, and foreign account and trust questions
  • Learn about the taxability of retirement income
  • Review ROTH IRA recharacterization rules and Alimony requirements
  • Walkthrough entering information on some of the subjects above in tax preparation software

Completion Date:

This course must be completed within one year of the purchase date or it will no longer be available for CPE credit. You will still be able to take the course, but CPE regulators do not allow credit for courses taken over one year from the purchase date.

Author

Michael Eric Scott

Certified Public Accountant, Certified Management Accountant
Michael E. Scott, is a licensed Certified Public Accountant in Idaho, Wyoming, and Texas, and has owned and operated CPA practices in all three of those states. He has been active with individual and small business taxation for 45 years. He has accounting and taxation experience with private firms such as Atlantic Richfield Company, EDS, and...

School

Michael Eric Scott's School

Requirements

There are no additional requirements.
One-time Fee
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What's Included

Language: English
Level: All levels
Skills: Income Tax, Taxability, Retirement Income, Tax Preparation
Age groups: 18+ years
Duration: 34 minutes
4 Videos
7 Quizzes
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