1040 Exam Prep - Module I: The Form 1040 Formula    by Norma Wahnon
Price: $3.99 USD. 1700 words. Published on December 9, 2011. .
Module I of the 1040 Exam Prep e-Books Series presents an overall picture of the components included on an individual tax return preparation. Form 1040 is easier to understand if it is viewed as an algebraic sum or formula of tax concepts aligned to determine the adjusted gross income, taxable income, and tax liability of an individual taxpayer.

1040 Exam Prep Module III: Items Excluded from Gross Income    by Norma Wahnon
Price: $3.99 USD. 7940 words. Published on December 15, 2011. .
Module III of the 1040 Exam Prep e-Books Series presents a description and analysis of the most common elements taxpayers have to report as income and their corresponding tax treatment. As a general rule, all types of income are taxable unless they are specifically exempted by law.

1040 Exam Prep Module IV: Items Excluded from Gross Income    by Norma Wahnon
Price: $3.99 USD. 5840 words. Published on December 15, 2011. .
Module IV of the 1040 Exam Prep e-Books Series focuses on the analysis of items of income that Congress has specifically authorized the taxpayers to exclude form Gross Income. Non-taxable incomes identification and analysis is covered in this module.

1040 Exam Prep Module V: Adjustments to Income or Deductions    by Norma Wahnon
Price: $3.99 USD. 3900 words. Published on December 16, 2011. .
Module V of the 1040 Exam Prep e-Books Series focuses on the analysis of deductions. The Form 1040 formula, works with two main groups of deductions: “For AGI” or “above the line” and “From AGI” or “below the line”.Both types of deductions are examined in this module.

1040 Exam Prep Module VII: Credits    by Norma Wahnon
Price: $3.99 USD. 6380 words. Published on December 17, 2011. .
Module VII of the 1040 Exam Prep e-Books Series analyses the tax credits for individual taxpayers. Tax credits are one of the components of the Form 1040 formula used to determine the tax due or the refund for a tax period. There are several types of credits that can directly reduce the tax liability. The tax liability minus tax credits equals payable taxes, or tax refund

1040 Exam Prep Module VIII - Transaction in Property    by Norma Wahnon
Price: $3.99 USD. 5210 words. Published on December 17, 2011. .
Module VIII of the 1040 Exam Prep e-Books Series covers the rules for the treatment of capital gains and losses for individual taxpayers. Individuals and small business income tax return are the focus of the Registered Tax Return Preparer competency examination.

1040 Exam Prep Module XI: Circular 230 and AMT    by Norma Wahnon
Price: $3.99 USD. 7220 words. Published on January 21, 2012. .
Module XI of the 1040 Exam Prep e-Books Series summarizes the several topics included in the RTRP competency examination outline related to ethics and tax preparers practice obligations before the Internal Revenue Service. The main rules set in the sub-parts A, B, and C are examined.This module also includes the basic concepts of the alternative minimum tax.