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Designed for Enrolled Agents, "Tax Returns Made Easy" uses the 2009 Publication 17 for its course material combined with an extensive supplement for new federal law changes.

Now with Interactive Responses! This course now includes new lessons to help with your review before the final exam.

***Please note this printed correspondence course will be mailed within 24 hours by first class mail.***

To complete this home self-study correspondence course: Follow course material instructions and the reading assignments for 2009 IRS Publication 17. After each reading assignment has been completed, answer the appropriate questions for each part either on the answer sheet provided or take the final exam online.

Click here to view COMMONLY ASKED QUESTIONS

Click here to view ENROLLED AGENT CPE REQUIREMENTS

Save time. Access the online final exam by logging in and selecting course listings in the admin area. The final exam will be graded automatically and produce your certificate instantaneously.

If you've ordered the print version by mail or fax and would like to take the exam online, please call Customer Service at 1-800-442-2477 for instructions.

This course is based on the 2009 IRS Publication 17.

This text is divided as follows:

FEDERAL SUPPLEMENT
PART ONE
2010 Inflation Adjustments 3
Exemptions 3
Definition of qualifying child revised 3
FICA & Medicare withholding 4
Differential pay not subject to FICA 4
Unemployment 4
Qualified transportation fringe benefits 4
One-time social security payments 4
Capital gains rates 5
Cash for Clunkers 5
Broker basis reporting 5
ISO & ESPP employer required reporting 6
Qualified small business stock 6
Home sale gain attributable to nonqualified periods 6
Private activity bond interest 7
Insurance life settlements 8
Foreign bank account reporting 10
Special depreciation allowances 11
Section 179 expense deduction 12
Auto mileage rates 12
Luxury auto limits 12
Domestic production deduction 13
Real estate professionals 13
COBRA continuation premium subsidy 14
Extended NOL carryback period 15
Review Questions Part One 17

PART TWO
401(k) plan contribution limits 19
Required minimum distributions 19
Tax-free IRA distributions for charitable purposes 20
Health savings accounts 21
IRA contribution limits 21
Roth IRA AGI conversion limitations 21
American Opportunity Credit 22
Sec 529 plans � Qualified tuition programs 23
Gift tax exception 23
Higher education loan interest 23
Foreign earned income exclusion 23
Qualified motor vehicle taxes deduction 24
Standard deduction 25
Long-term care insurance 26
Sales tax 26
Home mortgage interest 27
Home mortgage interest & audits 28
haritable contributions 28
Credit and debit card fees related to tax payments 29
Attorney fees in opt-out class action lawsuits 29
Casualty losses 29
Disaster losses 29
Review Questions Part Two 30

PART THREE
Tax treatment of frozen bank deposits 32
Ponzi scheme losses 32
How casual slots player determines wagering gains and losses 35
Itemized phase-out reduced 35
Self-employment tax 35
Alternative minimum tax 35
AMT refundable credit amount 36
Federal brackets 38
Child tax credit 38
Earned income credit 38
Homeowner energy credits 40
Special issues 43
Review Questions Part Three 44

PART FOUR
Alternative motor vehicle credits 46
Work opportunity tax credit (WOTC) 47
First-time homebuyer credit 48
Differential pay credit � uniformed services 52
Making work pay credit 53
Plug-in electric vehicle credit 55
Underpayment of estimated taxes 57
New federal law benefits nonresident military spouse 58
Review Questions Part Four 58

By completing this course the student will learn what is new in taxes and obtain a general review and update of rules associated with filing a federal individual income tax return. The course uses IRS Publication 17 along with supplemental materials covering new tax law.

IRS - Enrolled Agents
Oregon TP

K1710EA2 - 2010 Krusemark EA Pub 17 Course (Print Version)