Form 1040: A Hands-On Workshop | CPE Online

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Form 1040: A Hands-On Workshop Webinar

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Link Copied!

Available Formats:

Live Webinar
Self-Study
Live Webinar

$209

CPE Credits: 8 Hours
View Dates
Overview
Objective
Emphasis
Overview

This live, hands-on workshop goes beyond traditional CPE instruction to provide an interactive, step-by-step experience completing Form 1040 and related schedules. Our expert instructor will demonstrate real-world examples and guide attendees through common filing scenarios and calculations. You’ll gain practical experience applying current tax rules while reinforcing core concepts and techniques used in individual tax preparation, including how to:

  • Accurately complete Form 1040 and key supporting schedules using the most recent tax rules and forms
  • Identify and apply relevant deductions, credits, and adjustments
  • Avoid common errors and improve review efficiency in individual returns
  • Strengthen confidence and accuracy in real-world tax filing situations
  • Understand the impact of recent tax legislation, including the OBBBA

 

This course qualifies for IRS Continuing Education Credit.

Objective

To provide a practical, line-by-line understanding of Form 1040 and related schedules, equipping CPAs and other finance professionals with the knowledge and confidence to accurately prepare, review, and file individual income tax returns.

Emphasis
  • Filing status, individual tax rates, tax calculations, and child credits
  • Additional Medicare tax and net investment income tax (3.8% healthcare surtax)
  • Schedule D: capital gains and certain dividends
  • Schedule E and supplemental income and loss
  • Other adjustments:
    – Alimony
    – IRA deductions
    – Higher education expenses
    – Self-employed health insurance
  • Charitable contributions and itemized deductions
  • Individual tax credits, exclusions, and non-business energy property credits
  • Miscellaneous itemized deductions and employee business expenses
  • The Pease limitation and personal exemption phase-outs
  • Credit and deduction changes under the OBBBA
  • Alternative minimum tax
  • Family-related tax credits

Available Formats:

Live Webinar
Self-Study
Live Webinar

$209

CPE Credits: 8 Hours
View Dates

This course is included in the following subscriptions:

Valid Subscriptions:
Not available
Anytime Subscription
Self-Study Subscription
Combo Subscription
Evening/Weekend Subscription

Need more than one course? Upgrade to a subscription and save.

View Subscriptions
Prerequisite
None
Level of Knowledge
Basic
CPE Credits
8 Hours
NASBA Field of Study
Taxes
CPE Subscriptions: A Better CPE Experience
  • Earn all your credits in one place--no more separate providers.  We're your one-stop-shop to complete your CPE requirements fast.
  • General & state-specific ethics courses are included at no additional cost.  (When we say in one place, we mean it!)
  • Convenience meets flexibility with CPE Subscription options that align with your schedule, no matter how busy you are. 

 

Learn More

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Form 1040: A Hands-On Workshop Self-Study Webinar

share icon
Link Copied!

Available Formats:

Live Webinar
Self-Study
Self-Study

$209

CPE Credits: 11 Hours
Add To Cart
Overview
Objective
Emphasis
Overview

This hands-on self-study workshop goes beyond traditional CPE instruction to provide an interactive, step-by-step experience completing Form 1040 and related schedules. Our expert instructor will demonstrate real-world examples and guide attendees through common filing scenarios and calculations. You’ll gain practical experience applying current tax rules while reinforcing core concepts and techniques used in individual tax preparation, including how to:

  • Accurately complete Form 1040 and key supporting schedules using the most recent tax rules and forms
  • Identify and apply relevant deductions, credits, and adjustments
  • Avoid common errors and improve review efficiency in individual returns
  • Strengthen confidence and accuracy in real-world tax filing situations
  • Understand the impact of recent tax legislation, including the OBBBA

 

This course qualifies for IRS Continuing Education Credit.

Objective

To provide a practical, line-by-line understanding of Form 1040 and related schedules, equipping CPAs and other finance professionals with the knowledge and confidence to accurately prepare, review, and file individual income tax returns.

 

DETAILED LEARNING OBJECTIVES

• Understand the overall structure and flow of Form 1040 and accompanying schedules

• Identify the correct filing status based on taxpayer facts and circumstances

• Determine eligibility for dependency exemptions using Qualifying Child and Qualifying Relative tests

• Apply the standard deduction and recognize situations when itemizing may be advantageous

• Calculate taxable income considering above-the-line and below-the-line deductions

• Recognize which types of income are reported on each schedule including wages, dividends, interest, capital gains, and business income

• Report capital gains and losses using Schedule D and Form 8949

• Calculate self-employment income and self-employment tax using Schedule C and Schedule SE

• Determine allowable adjustments to income such as IRA contributions HSA contributions and educator expenses

• Apply rules for passive activity losses and rental real estate reporting

• Determine eligibility for the Child Tax Credit Earned Income Credit and education credits

• Compute the Child and Dependent Care Credit using Form 2441

• Apply rules for the Premium Tax Credit and reconcile advance payments using Form 8962

• Identify which taxes are reported on Schedule 2 including AMT self-employment tax and additional taxes on retirement accounts

• Determine which credits are reported on Schedule 3 including foreign tax credit education credits and energy credits

• Apply rules for itemized deductions including medical expenses, taxes paid, interest, charitable contributions, and casualty losses

• Calculate allowable medical expense deductions considering the AGI floor

• Determine limitations on state and local tax deductions

• Apply mortgage interest deduction rules including OBBBA updates where applicable

• Identify required documentation for charitable contributions including noncash contributions over 5000

• Apply the exclusion of gain on the sale of a principal residence under Section 121

• Determine when gains from second homes or vacation property are taxable

• Identify retirement distribution rules including RMD requirements and penalties for noncompliance

• Recognize which income is subject to the Net Investment Income Tax

• Determine proper reporting requirements for household employment taxes

• Apply OBBBA updated limits where applicable to deductions credits adjustments and thresholds

• Navigate the instructions and updated forms for the 2025 Form 1040 filing season

• Accurately follow the IRS process for completing each relevant schedule

• Identify common errors in preparation of Form 1040 and how to avoid them

• Strengthen practical tax compliance skills through hands-on form-based exercises

Emphasis
  • Filing status, individual tax rates, tax calculations, and child credits
  • Additional Medicare tax and net investment income tax (3.8% healthcare surtax)
  • Schedule D: capital gains and certain dividends
  • Schedule E and supplemental income and loss
  • Other adjustments:
    – Alimony
    – IRA deductions
    – Higher education expenses
    – Self-employed health insurance
  • Charitable contributions and itemized deductions
  • Individual tax credits, exclusions, and non-business energy property credits
  • Miscellaneous itemized deductions and employee business expenses
  • The Pease limitation and personal exemption phase-outs
  • Credit and deduction changes under the OBBBA
  • Alternative minimum tax
  • Family-related tax credits

Available Formats:

Live Webinar
Self-Study
Self-Study

$209

CPE Credits: 11 Hours
Add To Cart

This course is included in the following subscriptions:

Valid Subscriptions:
Not available
Anytime Subscription
Self-Study Subscription
Combo Subscription
Evening/Weekend Subscription

Need more than one course? Upgrade to a subscription and save.

View Subscriptions
Prerequisite
None
Level of Knowledge
Basic
CPE Credits
11 Hours
NASBA Field of Study
Taxes
CPE Subscriptions: A Better CPE Experience
  • Earn all your credits in one place--no more separate providers.  We're your one-stop-shop to complete your CPE requirements fast.
  • General & state-specific ethics courses are included at no additional cost.  (When we say in one place, we mean it!)
  • Convenience meets flexibility with CPE Subscription options that align with your schedule, no matter how busy you are. 

 

Learn More

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Learn More
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Personal Financial Planning & Investment Management
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Learn More
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Learn More
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Learn More
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Individual Taxation
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Learn More
Link
State Tax, Nexus & Transaction Exposure in Mergers & Acquisitions Self-Study Webinar
Specialized Taxation
Self-Study
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$79.00
Learn More
Link
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