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Surgent’s Individual Income Tax School (SITS) (SSTX251/21)

Event Description

This course will take new and administrative staff from the most basic concepts to a full understanding of individual tax return preparation — just in time for the crunch of busy season! Updated for impacts of the Tax Cuts and Jobs Act of 2017. The course builds from a strong technical foundation, to prepare simple, to moderate, to complicated individual tax returns.

Designed For

New staff, rusty or those returning to the profession, who desire to prepare individual returns


  • Prepare simple, to moderate, to complicated individual tax returns
  • Learn complicated issues of filing status and dependency exemptions
  • Understand issues with reporting capital gains transactions
  • Complete targeted comprehensive problems related to Schedule A, Schedule C, Schedule D, Form 4797 and Alternative Minimum Tax
  • Overview of passive activity rules
  • Complete several tax returns; many schedules and worksheets, answers with filled-in forms are provided.

Major Subjects

  • Effects of recent legislation, including the Qualified Business Income deduction
  • Filing information, filing status, personal exemptions, dependents, the standard deduction, etc.
  • Wages and salaries
  • Interest income, dividend income, mutual funds, Social Security
  • Figuring tax
  • Basic income tax preparation, Form 1040 and Schedules 1 – 6
  • Capital gains and losses
  • Medical and dental expenses, charitable contributions
  • IRA contributions and distributions
  • Distributions from qualified retirement plans, pensions, and annuities
  • Profit and loss from business or profession and self-employment tax
  • Depreciation
  • Rental income and expenses
  • Preparation of Schedules A, B, C, D, E, and Forms 4562, 4797, and more