This course contains both English and Spanish content.
This session provides an overview of miscellaneous taxes from Form 1040 and reported on Schedule 2 that a taxpayer might be assessed. This includes excess Social Security tax, additional taxes on IRAs, the Alternative Minimum Tax (AMT), and household employment taxes.
At the end of this course, the student will be able to do the following:
- Understand how to complete Schedule 2 of Form 1040.
- Explain when a taxpayer must repay the Premium Tax Credit.
- Understand the taxability of excess Social Security.
- Identify when a taxpayer must pay an additional tax on IRAs.
- Explain when to use Schedule H.
Field of Study: Federal Tax Law 1 Hour
Course Level: Intermediate
Prerequisite: General tax preparation knowledge is required
Delivery Method: Self-Study
Expiration Date to earn CEs: June 30, 2022.
Learn at your own pace, read or watch the lessons, pass the exams.
Learn on your phone, tablet, or computer.
All our courses are available in English y español.
No matter where you’re at in your career, we have courses for you.
Simple Learner Experiences
Prendo365 gives you access to your course anytime, anywhere, on desktop, tablet, or mobile device. You're able to easily navigate through your course and receive your certificate of completion.
Why choose us
Over 35+ years tax preparation experience
We know what tax preparers need to succeed in their office
7+ EA’s and tax preparers on staff
Our team does extensive research to ensure you receive the best education
Bilingual live support
Having technical issues? We're ready to help you get started and complete your course.