• Filing requirements and personal exemptions
• Gross income inclusions, exclusions, and adjustments
• Travel and entertainment
• Standard and itemized deductions
• Tax and tax credits
• 0.9% Additional Medicare Payroll Tax
• 3.8% Net Investment Income Tax
• Income exclusions
• Hot tax planning strategies for individuals and small businesses
• Roth IRA, IRA, and retirement plan options
Learning Objectives
When you complete this course, you will be able to: • Determine the filing requirements for individual taxpayers.
• Calculate the self-employed health insurance deduction.
• Identify the rules for Health Savings Accounts.
• Identify the applicability of the Additional Medicare Payroll Tax on net investment income.
Major Topics
• Filing requirements and personal exemptions
• Gross income inclusions, exclusions, and adjustments
• Travel and entertainment
• Standard and itemized deductions
• Tax and tax credits
• 0.9% Additional Medicare Payroll Tax
• 3.8% Net Investment Income Tax
• Income exclusions
• Hot tax planning strategies for individuals and small businesses
• Roth IRA, IRA, and retirement plan options
