1040 Preparation and Planning 13: Itemized Deductions Part 2 (2018) (Currently Unavailable)
Author: Barbara Weltman, Sidney Kess
| CPE Credit: |
1 hour for CPAs
1 hour Federal Tax Related for EAs and OTRPs
1 hour Federal Tax Law for CTEC |
This course reviews the following itemized deductions: charitable contribution deductions, including which organizations qualify to receive deductible contributions, how different types of contributions are handled, and substantiation requirements; casualty and theft losses; unreimbursed employee business deductions; and other miscellaneous itemized deductions. It also discusses the phase-out for high-income taxpayers.
Publication Date: November 2017
Designed For
Tax practitioners
Topics Covered
- Charitable contribution deductions
- Casualty theft and losses
- Unreimbursed employee business deductions
- Itemized deduction phase-out
- Miscellaneous itemized deducions
Learning Objectives
- Figure charitable contribution deductions and comply with substantiation requirements
- Identify the rules for determining casualty and theft losses
- Figure unreimbursed employee business deductions
- Determine other miscellaneous itemized deductions
- Figure the phase-out of itemized deductions for high-income taxpayers
Level
Basic
Instructional Method
Self-Study
NASBA Field of Study
Taxes (1 hour)
Program Prerequisites
None
Advance Preparation
None
