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Preparing a Client’s Final 1040 Self-Study

Summary

Being able to provide a full suite of services for your client and their family – from the first tax return to the last – can set you apart from other preparers and prove you to be an invaluable part of the family. Be prepared to assist your taxpayer’s family with tax filing for the income earned prior to death with this course, which explains the basic rules for preparing a decedent’s final personal income tax return. Examples illustrating these rules when preparing the final Form 1040 are presented throughout the text.

Objectives

Upon completion of this course, you will be able to:

  • Identify forms and documents needed to prepare a final Form 1040
  • Report on the final Form 1040 the portion of interest, dividend, capital gain and miscellaneous income earned through the date of death
  • Utilize a decedent’s net operating loss (NOL), capital loss carryovers, passive losses and other tax attributes on the final Form 1040 to minimize tax
  • Complete a decedent’s final Form 1040

Course Details

This course includes an e-book and exam questions to help you earn CPE. CPE is issued after the exam is successfully completed.






   

Presented by:

How to Earn CPE

To receive credit for this self-study course, you must successfully pass the course exam with a score of 70% or better.

Self-study courses and exams generally expire one year from the date of purchase. The AFTR course expires on December 31 of each year as required by the IRS.

Cancellation Policy

​Because this is an online education offering, it is nonrefundable.

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