• Filing requirements and personal exemptions
• Gross income inclusions, exclusions, and adjustments
• Standard and itemized deductions
• Tax credits
• Tax provisions for high-income taxpayers
• 3.8% net investment income tax
• Roth IRA, IRA, and retirement plan options
• Section 199A qualified business income deduction
Learning Objectives
When you complete this course, you will be able to: • Identify individual retirement account (IRA) and qualified plan distributions.
• Recognize the taxation of virtual currency.
• Recall how health savings accounts {HSAs) work.
• Recall the self-employed health insurance deduction.
• Recall the deductibility of charitable contributions.
• Recall the steps to figuring the qualified business income deduction under Section 199A.
• Recall the net investment income tax {NIIT) on unearned income.
Major Topics
• Filing requirements and personal exemptions
• Gross income inclusions, exclusions, and adjustments
• Standard and itemized deductions
• Tax credits
• Tax provisions for high-income taxpayers
• 3.8% net investment income tax
• Roth IRA, IRA, and retirement plan options
• Section 199A qualified business income deduction
