This course will cover a brief overview of other taxes that a taxpayer might pay.
After completing this course, the student will:
- Explain when a taxpayer must repay the premium tax credit
- Determine how to calculate self-employment tax
- Know how to report unreported tip income
- Understand the taxability of excess social security
- Identify when a taxpayer must pay an additional tax on IRAs
- Identify the exceptions for filing a return late