| CPE Hours: 5 (
State:5
) |
Publication Date: 01/01/2012 |
Cost: $60.00
|
Level: Intermediate |
Author:
Lee Reams |
|
Prerequisites: Basic Understanding of Tax Preparation
Delivery Method: Self-Study
This course includes differences (non-conformity) between Federal and California law, California resident-nonresident issues, Registered Domestic Partner (RDP) and Same Sex Married Couple (SSMC) filing issues and California Tax Credits. Attention CTEC Registered Preparers - This course meets the 5-hour CTEC California education requirement. Call about our CTEC education package that included this course and three others that allow you to meet both your federal and CTEC education requirements.
Final Exam Grading Policy - Course material must be completed within 12 months of purchase. A score of 70% or better is needed for passing. The completion certificate will be automatically generated by the system.
This text is divided as follows:
Uniform Definition of a Child 1
Filing Status 1
Head of Household 1
Dependents 1
Dependent Exemption Credit 2
Exemptions Credits 2
Alimony 2
Death of a Taxpayer 3
Military Issues 3
Foreign Income of Nonresident Alien 4
Clergy Rental Allowance 4
Same Sex Married Couples (SSMC) 4
Registered Domestic Partners (RDP) 5
RDP and Community Property Rules 5
RDP & SSMC Filing Complications 6
Resident or Nonresident 11
CA Wages on Form W-2 15
Holocaust Restitution Payments 16
Ottoman Turkish Empire Settlement Payments 16
Energy Rebates 16
Ridesharing Fringe Benefits 16
Capital Gains & Qualified Dividends 17
State Income Tax Refunds 17
Unemployment Compensation 17
Paid Family Leave 17
Social Security Benefits 17
Railroad Retirement Benefits 17
Qualified Small Business Stock Gains 17
Home Mortgage Debt Forgiveness 18
American Indian Per Capita Income 20
Portfolio Income 20
Assest Expenses Election (Sec 179) 20
MACRS Depreciation Rules 21
MACRS - Non-residential Property 21
MACRS - Assets Acquired After 1/1/87 21
Additional First Year Depreciation 21
Employer-Paid Child Care Plan 22
Business Expenses - Clubs 22
Disabled Access Credit - Small Business 22
Domestic Production Deduction 22
Withholding on Real Property Sales 22
Net Operating Loss 23
Use Tax 25
IRA Phase-out AGI 26
IRA to Charity Tax Free Distributions 27
Canadian Registered Retirement Savings Plans (RRSP) 27
Roth IRA 27
Early Distributions - IRAs and Qualified Plans 28
Public Safety Officer Death Benefit 28
Health Savings Accounts 28
Review Questions - Part 1 29
Student Loan Interest 33
Foreign-Earned Income and Housing Allowance 33
Itemized Deductions 33
Lotto Winnings 34
Federal Estate Tax 34
Alternative Minimum Tax 36
Kiddie Tax 37
Claim of Right 37
Child and Dependent Care Credit 38
Mental Health Services Tax 38
CA Tax Breackets 39
Environmental Tax Credit 39
Business Tax Credit Limitations 39
New Jobs Credit 39
Adoption Credit 40
Renter's Credit 41
Employer Child Care Contribution Credit 41
Senior Head of Household Credit 42
Joint Custody Head of Household Credit 42
Dependent Parent Credit 43
Natural Heritage Preservation Credit 43
Film Credit 44
Underpayment of Estimate Penalty 45
Estimated Tax Payments 45
Review Questions - Part 2 47
Examination Questions 49
After completing this course the student will be able to identify the differences (non-conformity) between Federal and California law, California resident-nonresident issues, Registered Domestic Partner (RDP) and Same Sex Married Couple (SSMC) filing issues and California Tax Credits.
CTEC
NASBA
