Federal Tax Update: Individuals (Form 1040) (Webinar)
- Starts
- Ends
- Format
- Online
- Location
- VIRTUAL
About This Event
Comprehensive review of individual income tax laws with emphasis on new legislative changes. Income tax provisions related to business activities including qualified business income (QBI), Section 461(l) business loss limitations and depreciation. Tax rates and calculations, including Income tax rates, capital gain rates, self-employment tax, alternative minimum tax (AMT) and 3.8% net investment income tax. Individual filing provisions, including filing status, exemptions, itemized deductions, income exclusions and adjustments, rental and passive activity rules and credits such as the child and dependent care credits. IRAs and required minimum distribution (RMD) regulations. Updates to Form 1040 and related schedules.